Unit ID: U1019320
4% Rental Yield
San Kamphaeng, San Kamphaeng,Chiang Mai
฿2,850,000 Great Price
3 Bedrooms
2
Bathrooms
131 SqM
Indoor Area
2
Storeys
Jun 2009
Completed

About This House

This property is a 131 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in San Kamphaeng, Chiang Mai and was completed in Jun 2009. You can buy this house for a base price of ฿2,850,000 (฿21,756/SqM) and it is also available for long term rentals starting from ฿10,000 per month.

Features

Private GardenPrivate Garden BalconyBalcony

Basic Information

Date Listed Aug 10, 2021
Updated 3 years ago
Property Type House (Single Detached)
Storeys 2
Location San Kamphaeng, Chiang Mai
Bedrooms 3
Nearest Landmark Umbrella Making Centre -2.8 Km
Indoor Area 131 SqM
Price per SqM ฿21,756
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
85 SqM
Plot Size 208 SqM
Pets All Kind of Pets Allowed
House Ownership

Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

Thai Ownership
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

Thai Ownership
Land Title Deed Chanote
Construction Completed (Jun 2009)
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Mountain View, Garden View, Unblocked Open View
Unit Type N/A
Parking Spots 1
Pool Size N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿500/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1019320

Investment Opportunity: Charges & Yield

Sale Price
฿2,850,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿500/mo
Rent
฿10,000/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
24
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
4%

Project Details

Project Name: Sivalai Village 3
Developer: N/A
Construction: Completed (Jun 2009)
Units: 300
Project Area: N/A
Nearest Landmark Umbrella Making Centre - 2.8 Km
Location: San Kamphaeng, Chiang Mai
Sivalai Village 3 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Sivalai Village 3

For Sale 8 For Rent 3
Get notified when new homes are being added to Sivalai Village 3
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Frequently Asked Questions

All kind of pets are allowed at Sivalai Village 3 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Umbrella Making Centre is the nearest Tourist Attraction from Sivalai Village 3 and it is 2.8 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

After you have found the right property at Sivalai Village 3 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer


Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

 

Read more here

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Chiang Mai
San Kamphaeng

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Sivalai Village 3

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
1028
Sales Prices
฿1.2M
▼ -43% underpriced
Monthly Rentals
N/A
Year Built
Jan 2002
Completion Status
Completed
Project Name
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Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
336
Sales Prices
฿8.47M
▲ 16% overpriced
Monthly Rentals
฿29.9K - ฿44.8K
Year Built
Feb 2015
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
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฿4.19M
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฿15.9K - ฿24.9K
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Completion Status
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Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
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฿3.69M - ฿4.73M
Monthly Rentals
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Year Built
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Completion Status
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Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
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฿6.68M - ฿12.8M
Monthly Rentals
฿19.9K - ฿44.8K
Year Built
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Completion Status
Completed
Project Name
Karnkanok 1
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
156
Sales Prices
฿3.68M
Monthly Rentals
฿32.9K
Year Built
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Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
145
Sales Prices
฿2.06M - ฿2.94M
Monthly Rentals
฿9.47K - ฿49.8K
Year Built
N/A
Completion Status
Off Plan
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
363
Sales Prices
฿3.33M - ฿12.6M
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Project Name
The Prego green
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
300
Sales Prices
฿3.18M - ฿20.9M
▲ 2% overpriced
Monthly Rentals
฿24.9K - ฿34.9K
Year Built
Jun 2021
Completion Status
Completed
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
110
Sales Prices
฿1.88M - ฿2.19M
▼ -50% underpriced
Monthly Rentals
฿15.4K
Year Built
Jan 2022
Completion Status
Completed
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