Unit ID: U1679754
6% Rental Yield
Ton Pao, San Kamphaeng,Chiang Mai
฿3,990,000
3 Bedrooms
3
Bathrooms
143 SqM
Indoor Area
2
Storeys
Completed

About This House

This property is a 143 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Ton Pao, Chiang Mai. You can buy this house for a base price of ฿3,990,000 (฿27,902/SqM).

Features

Private GardenPrivate Garden TerraceTerrace DuplexDuplex BalconyBalcony

Basic Information

Date Listed Oct 30, 2023
Updated 1 year ago
Property Type House (Single Detached)
Storeys 2
Location Ton Pao, Chiang Mai
Bedrooms 3
Nearest Landmark Promenada Chiang Mai -3.7 Km
Indoor Area 143 SqM
Price per SqM ฿27,902
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 268 SqM
Pets N/A
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 N/A
Construction Completed
Furniture
Unfurnished
View(s) 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
Each listing provided by partnered agents is individually verified by SamuiTimes. Partner Agents work for different brokerages or property management companies but have teamed up with SamuiTimes so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1679754

Investment Opportunity: Charges & Yield

Sale Price
฿3,990,000
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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom houses at Wararom Charoenmuang, and the current sales price.
6%

Project Details

Project Name: Wararom Charoenmuang
Developer: Q Houses
Construction: Completed (Dec 2008)
Units: 262
Project Area: N/A
Nearest Landmark Promenada Chiang Mai - 3.7 Km
Location: Ton Pao, Chiang Mai
Wararom Charoenmuang 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 Wararom Charoenmuang

For Sale 7 For Rent 2
Get notified when new homes are being added to Wararom Charoenmuang
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Frequently Asked Questions

Promenada Chiang Mai is the nearest Shopping Mall from Wararom Charoenmuang and it is 3.7 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 Wararom Charoenmuang 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

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A quiet and shady place
Jiyeon Park, South Korea, 4 years ago
I fell in love with this place all over again. It's peaceful and shady, especially during the winter. It is so refreshing. The village has a large park, as well as a swimming pool and a fitness center. The house has two floors, three bedrooms, and three bathrooms. There is a green area surrounding the house, with private parking. The neighbors are lovely and friendly. The security guards take good care of residents. The location is excellent, right on the main road, it takes about 10 minutes to travel to Promenada Chiang Mai. Recommend!
Chiang Mai
Ton Pao

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Wararom Charoenmuang

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
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
153
Sales Prices
฿4.5M - ฿5.95M
Monthly Rentals
N/A
Year Built
Aug 2022
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
169
Sales Prices
฿3.2M - ฿5.4M
Monthly Rentals
N/A
Year Built
Feb 2015
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
151
Sales Prices
฿3.2M - ฿3.75M
Monthly Rentals
฿17K - ฿30K
Year Built
Feb 2015
Completion Status
Completed
Project Name
Sirin Home 3
Location
San Klang, San Kamphaeng, Chiang Mai
Number of units
119
Sales Prices
฿3.3M - ฿3.8M
Monthly Rentals
N/A
Year Built
Jun 2010
Completion Status
Completed
Project Name
Siriporn Don Jan
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
98
Sales Prices
฿6.9M - ฿9.59M
Monthly Rentals
฿22K - ฿110K
Year Built
Feb 2014
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
66
Sales Prices
฿3.79M - ฿4.29M
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Project Name
Baan Na Cheun
Location
San Klang, San Kamphaeng, Chiang Mai
Number of units
84
Sales Prices
฿3.59M
▲ 11.5% overpriced
Monthly Rentals
฿25K
Year Built
Dec 2014
Completion Status
Completed
Project Name
The Esteem
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
108
Sales Prices
฿2.79M - ฿8.8M
▼ -20% underpriced
Monthly Rentals
฿30K - ฿35K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Chiang Mai View 1
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
N/A
Sales Prices
฿7.73M
Monthly Rentals
N/A
Year Built
Oct 2022
Completion Status
Completed
Project Name
Sivalai Village 4
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
375
Sales Prices
฿2.99M - ฿12M
▼ -11% underpriced
Monthly Rentals
฿23K - ฿36K
Year Built
Dec 2009
Completion Status
Completed
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