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    3 Bedroom House for sale at Siwalee Klong Chol
    Mae Hia, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    ฿6,500,000
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    3 Bedroom House for sale at Siwalee Klong Chol
    (1 Review)
    Unit ID: U1987520
    5% Rental Yield
    Tenant-Occupied until Jan 31, 2025
    Mae Hia, Mueang Chiang Mai,Chiang Mai
    ฿6,500,000
    3 Bedrooms
    3
    Bathrooms
    170 SqM
    Indoor Area
    2
    Storeys
    Completed
    15
    Sale Price
    ฿6,500,000

    About This House

    This property is a 170 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 ฿6,500,000 (฿38,235/SqM) and it is also available for long term rentals starting from ฿25,000 per month.

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony TVTV

    Basic Information

    Date Listed Dec 20, 2024
    Updated 1 day ago
    Property Type House (Single Detached)
    Storeys 2
    Location Mae Hia, Chiang Mai
    Bedrooms 3
    Nearest Landmark Chiang Mai International Airport -2 Km
    Indoor Area 170 SqM
    Price per SqM ฿38,235
    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 304 SqM
    Pets Not Allowed
    House Ownership

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

    N/A
    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.

    N/A
    Land Title Deed N/A
    Construction Completed
    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) City View, Garden 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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1987520

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿6,500,000
    Rent
    ฿25,000/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.
    22
    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.
    5%

    Project Details

    Project Name: Siwalee Klong Chol
    Developer: N/A
    Construction: Completed (Jan 2010)
    Units: 294
    Project Area: N/A
    Nearest Landmark Chiang Mai International Airport - 2 Km
    Location: Mae Hia, Chiang Mai
    Siwalee Klong Chol Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)

    Available Units at Siwalee Klong Chol

    For Sale 2 For Rent 3
    • All
    • 3 Beds
    Get notified when new homes are being added to Siwalee Klong Chol
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    Frequently Asked Questions

    All kind of pets are allowed at Siwalee Klong Chol including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Chiang Mai International Airport is the nearest Airport from Siwalee Klong Chol and it is 2 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 Klong Chol 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

    4.3 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    A quality single-detached house from Land & House
    Nicky R., United States, 4 years ago
    It is a detached house project with a high level of quality. It has a wide road with shady trees. It has 24-hour security guards who always check before entering the project. I bought a house with 3 bedrooms for my parents to live in after retirement. The house is quite large with a beautiful design, both interior, and exterior. There are a variety of facilities, such as a swimming pool, clubhouse, garden area, kids playground, fitness center, etc. My father enjoys walking in the park, and he said "he doesn't feel lonely" because he has met a lot of friendly neighbors. Furthermore, it is located in a great location where I can see the Doi Suthep Mountain and close to many amenities. I was never disappointed to buy this project.
    Chiang Mai
    Mae Hia

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