Unit ID: U1897733
7% Rental Yield
Tenant-Occupied until Dec 1, 2024
Tha Sala, Mueang Chiang Mai,Chiang Mai
฿3,500,000
3 Bedrooms
2
Bathrooms
131 SqM
Indoor Area
2
Storeys
Completed

About This Townhouse

This property is a 131 SqM townhouse with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Tha Sala, Chiang Mai. You can buy this townhouse for a base price of ฿3,500,000 (฿26,718/SqM) and it is also available for long term rentals starting from ฿20,000 per month.

Townhouse in Chiangmai

For rent and sale

Basic Information

Date Listed Jul 18, 2024
Updated 2 months ago
Property Type Townhouse
Storeys 2
Location Tha Sala, Chiang Mai
Bedrooms 3
Nearest Landmark Chiang Mai Immigration -0.6 Km
Indoor Area 131 SqM
Price per SqM ฿26,718
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 N/A
Pets Cats and Dogs (small only)
Townhouse Ownership

Foreign nationals can own the building (townhouse) 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) N/A
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 U1897733

Investment Opportunity: Charges & Yield

Sale Price
฿3,500,000
Rent
฿20,000/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.
15
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.
7%

Project Details

Project Name: Pruksa Ville 95- Don Jan
Developer: N/A
Construction: Completed (Dec 2019)
Units: 240
Project Area: N/A
Nearest Landmark Chiang Mai Immigration - 0.6 Km
Location: Tha Sala, Chiang Mai
Pruksa Ville 95- Don Jan Project Details

Project Features

On Site Restaurant On Site Restaurant
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Communal Garden Area Communal Garden Area

Available Units at Pruksa Ville 95- Don Jan

For Sale 5 For Rent 5
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Frequently Asked Questions

All kind of pets are allowed at Pruksa Ville 95- Don Jan including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai Immigration is the nearest Immigration Office from Pruksa Ville 95- Don Jan and it is 0.6 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 Pruksa Ville 95- Don Jan 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
The townhome in Lanna style
Karnchai T., Thailand, 5 years ago
It's such a 2-story townhome with 3 bedrooms that the living area is well divided into perfect proportions. It also brings the uniqueness of Lanna's art as part of the design, which is a gorgeous and perfect combination. The general atmosphere is quiet and pleasant from a large garden. Importantly, it is not far from Makro and Big C Don Chan, making living here quite comfortable.
Chiang Mai
Tha Sala

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Pruksa Ville 95- Don Jan

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Completion Status
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Location
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▼ -49% underpriced
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