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    3 Bedroom House for sale at The Celio
    San Phak Wan, Hang Dong,Chiang Mai
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    Sale Price
    ฿5,500,000
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    3 Bedroom House for sale at The Celio
    (1 Review)
    Unit ID: U1124866
    5% Rental Yield
    San Phak Wan, Hang Dong,Chiang Mai
    ฿5,500,000
    3 Bedrooms
    3
    Bathrooms
    127 SqM
    Indoor Area
    2
    Storeys
    Aug 2013
    Completed
    16
    Sale Price
    ฿5,500,000

    About This House

    This property is a 127 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in San Phak Wan, Chiang Mai and was completed in Aug 2013. You can buy this house for a base price of ฿5,500,000 (฿43,307/SqM) and it is also available for long term rentals starting from ฿25,000 per month.

    Features

    Garden AccessGarden Access Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed Nov 1, 2022
    Updated 1 year ago
    Property Type House
    Storeys 2
    Location San Phak Wan, Chiang Mai
    Bedrooms 3
    Nearest Landmark Chiang Mai International Airport -9 Km
    Indoor Area 127 SqM
    Price per SqM ฿43,307
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    256 SqM
    Plot Size N/A
    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.

    N/A
    Land Title Deed N/A
    Construction Completed (Aug 2013)
    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) Garden View
    Unit Type N/A
    Parking Spots N/A
    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 U1124866

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿5,500,000
    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.
    18
    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: The Celio
    Developer: CM Lanna Property
    Construction: Completed (Aug 2013)
    Units: 174
    Project Area: 67,492 SqM
    Nearest Landmark Chiang Mai International Airport - 9 Km
    Location: San Phak Wan, Chiang Mai
    The Celio Project Details

    Project Features

    Communal Pool Communal Pool
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Communal Garden Area Communal Garden Area

    Available Units at The Celio

    For Sale 11 For Rent 5
    • All
    • 3 Beds
    Get notified when new homes are being added to The Celio
    View All (11)

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    Frequently Asked Questions

    All kind of pets are allowed at The Celio including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Chiang Mai International Airport is the nearest Airport from The Celio and it is 9 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 The Celio 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
    Convenient to travel around
    Narong Meechai, Thailand, 5 years ago
    It is another detached house project that has a modern and very strict security system. Most importantly, there are 6 types of houses to choose from, but only 3 bedrooms are available. The house here faces the wind direction, making the inside of the house relatively cool and well ventilated. The atmosphere around the project is shady because there are many trees here—anyone who wants to use the pool during the holidays, I recommend avoiding it if possible because many people will use the service during the holidays. In terms of location, it is considered ok, convenient to travel, and close to Big C Super Center, where I can easily buy food.
    Chiang Mai
    San Phak Wan

    Neighborhood Overview

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