Unit ID: U1889177
6% Rental Yield
Tenant-Occupied until Aug 3, 2025
Mae Hia, Mueang Chiang Mai,Chiang Mai
฿6,800,000
3 Bedrooms
3
Bathrooms
144 SqM
Indoor Area
2
Storeys
Completed

About This House

This property is a 144 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Mae Hia, Chiang Mai. You can buy this house for a base price of ฿6,800,000 (฿47,222/SqM) and it is also available for long term rentals starting from ฿35,000 per month.

Sale Siwalee Choeng Doi

Fully Furnished‼️ Located in the prestigious Siwalee Choeng Doi Premium Project, on the best location at Mae Hia, Chiang Mai. In a top-rated secure community, 2 Big Parks, Great Club House, 24-hour Security Land Size: 54 square wah Living Area: 144 square meters, 3 Bedrooms with Furniture, 3 Bathrooms, Built-in Kitchen with Hood, Living Rooms, Dining Table, Balcony with Garden View, Nearby Places- Mae Hia market 4 km.- Makro 2.2 km.- Big C Super Center Hang Dong 1 (Mae Hia) 2.7 km.- Ambassador Bilingual Academy 4.5 km- American Pacific International School Primary 4.1 km.- Chiang Mai Airport 7.1 km.- Chiang Mai Night Safari 6.8 km.

Features

TerraceTerrace DuplexDuplex BalconyBalcony TVTV

Basic Information

Date Listed Jul 5, 2024
Updated 2 months ago
Property Type House (Single Detached)
Storeys 2
Location Mae Hia, Chiang Mai
Bedrooms 3
Nearest Landmark Chiang Mai International Airport -6 Km
Indoor Area 144 SqM
Price per SqM ฿47,222
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 216 SqM
Pets Cats and Dogs (all sizes)
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
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Mountain View
Unit Type N/A
Parking Spots 2
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.
฿1,083/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1889177

Investment Opportunity: Charges & Yield

Sale Price
฿6,800,000
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.
฿1,083/mo
Rent
฿35,000/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.
16
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.
6%

Project Details

Project Name: Siwalee Choeng Doi
Developer: Land and Houses
Construction: Completed (Dec 2013)
Units: 226
Project Area: N/A
Nearest Landmark Chiang Mai International Airport - 6 Km
Location: Mae Hia, Chiang Mai
Siwalee Choeng Doi Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Siwalee Choeng Doi

For Sale 4 For Rent 10
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Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Siwalee Choeng Doi.
The common area maintenance fee for properties at Siwalee Choeng Doi is a fixed amount of ฿1,083. This amount has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Chiang Mai International Airport is the nearest Airport from Siwalee Choeng Doi and it is 6 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 Siwalee Choeng Doi 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

Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A great project
Cherry Lee, China, 4 years ago
There is an excellent management team, solving problems quickly. Also, the common area is clean and well-maintained. Besides, the security guards are polite and friendly. The surrounding atmosphere is quiet and cozy. The house options are also available in a wide variety of sizes and types. The house is designed and used with standard materials typical of Land and House. The view is more beautiful than I expected, overlooking the lake and Doi Kham mountain. Most importantly, the location is also excellent. There are many great restaurants nearby, and it takes less than 10 minutes to get to the international airport. It's well worth it.
Chiang Mai
Mae Hia

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Siwalee Choeng Doi

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
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
69
Sales Prices
฿2M - ฿3.31M
▼ -25% underpriced
Monthly Rentals
฿8.01K - ฿13.5K
Year Built
Jan 2013
Completion Status
Completed
Project Name
N8 Serene Lake
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
69
Sales Prices
฿2.6M - ฿7.51M
▼ -4.4% underpriced
Monthly Rentals
฿15K - ฿18K
Year Built
Dec 2013
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
236
Sales Prices
฿8.01M - ฿13M
▲ 2% overpriced
Monthly Rentals
฿35.1K - ฿49.1K
Year Built
Jan 2007
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
78
Sales Prices
฿30M - ฿55.1M
Monthly Rentals
฿220K - ฿240K
Year Built
Dec 2021
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
294
Sales Prices
฿4.81M - ฿6.51M
▼ -21% underpriced
Monthly Rentals
฿20K - ฿30K
Year Built
Jan 2010
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
60
Sales Prices
฿1.35M - ฿1.5M
▼ -21% underpriced
Monthly Rentals
฿7.01K
Year Built
Jan 2015
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
79
Sales Prices
฿2.8M - ฿7.91M
▼ -3% underpriced
Monthly Rentals
฿12K - ฿30K
Year Built
Jun 2011
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
170
Sales Prices
฿2.45M - ฿3.81M
Monthly Rentals
฿15K - ฿23K
Year Built
Jan 2016
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
24
Sales Prices
฿35.1M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
292
Sales Prices
฿1.75M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
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