Unit ID: U1933841
11% Rental Yield
San Phak Wan, Hang Dong,Chiang Mai
Sold
4 Bedrooms
5
Bathrooms
300 SqM
Indoor Area
1
Storeys
May 2024
Completed

About This House

This property is a 300 SqM house with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in San Phak Wan, Chiang Mai and was completed in May 2024. You can buy this house for a base price of ฿9,980,000 (฿33,267/SqM) and it is also available for long term rentals starting from ฿95,000 per month.

Pool Villa Modern Luxury

Pool Villa modern luxury in Hangdong area Fully furnished - 4 bedrooms - 5 bathrooms - 1 home theater room - 1 maid's room - 2 parking spaces - 1 saltwater swimming pool ✅ Land area: 324 sqm ✅ Total usable area: approximately 300 sqm✅️ Only 9.98M THB, free transfer 🏠 Modern Art Luxury Pool Villa 🛣 Close to multiple international schools: 🎓 British Concordance International School (BCIS) 🎓 Meritton International School 🎓 Ambassador Bilingual Academy 🎓 Lanna International School 🎓 Satit International Bilingual School of Rangsit University Chiang Mai (SIBS) 🎓 Chiang Mai Montessori International School 🎓 Panyaden International School 💐 Close to tourist attractions such as the Royal Park Rajapruek (Royal Flora) and Night Safari. Nearby famous restaurants and cafes. 🛫 Convenient access to the airport 🛒 Close to shopping malls: Central Chiangmai Airport, Big-C Mae Hia, Makro Mae Hia, and Kad Farang Comes with: ✅ Built-in furniture throughout the house ✅ Complete movable furniture ✅ Full set of electrical appliances: 7 air conditioners, 2 TVs, refrigerator, microwave, oven, washing machine, dryer, 5 water heaters ✅ Water pump and tank system ✅ Saltwater swimming pool ✅ Remote control gate ✅ Digital door lock ✅ Automatic watering garden system   Nearby locations: 📌 Meritton International School - 5 minutes 📌 British Concordance International School (BCIS) - 7 minutes 📌 Royal Flora and Night Safari - 8 minutes 📌 Big-C Mae Hia and HomePro - 8 minutes 📌 Makro Mae Hia - 8 minutes 📌 Ambassador Bilingual Academy - 10 minutes 📌 Good View Village - 10 minutes 📌 Mae Hia Fresh Market and Rimping - 14 minutes 📌 Kad Farang - 14 minutes 📌 Satit Rangsit International School - 15 minutes 📌 Central Airport Plaza - 18 minutes 📌 Chiang Mai Airport - 18 minutes 

Features

Private PoolPrivate Pool TerraceTerrace

Basic Information

Date Listed Sep 15, 2024
Updated 1 month ago
Property Type House
Storeys 1
Location San Phak Wan, Chiang Mai
Bedrooms 4
Nearest Landmark Wat Hang Dong -6.2 Km
Indoor Area 300 SqM
Price per SqM ฿33,267
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
324 SqM
Plot Size 324 SqM
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.

Thai Ownership
Land Title Deed Chanote
Construction Completed (May 2024)
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) Pool View
Unit Type N/A
Parking Spots 2
Pool Size 7×4
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 U1933841

Investment Opportunity: Charges & Yield

Rent
฿95,000/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.
9
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.
11%

Project Details

Project Name: Baan Nuntima
Developer: N/A
Construction: Completed (Jan 2009)
Units: 56
Project Area: N/A
Nearest Landmark Wat Hang Dong - 6.2 Km
Location: San Phak Wan, Chiang Mai
Baan Nuntima Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
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Frequently Asked Questions

All kind of pets are allowed at Baan Nuntima including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Wat Hang Dong is the nearest Temple from Baan Nuntima and it is 6.2 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 Baan Nuntima 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

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Chiang Mai
San Phak Wan

Neighborhood Overview

Location and Neighborhood

Street View

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