Unit ID: U1181140
6% Rental Yield
Chai Sathan, Saraphi,Chiang Mai
฿6,500,000
4 Bedrooms
5
Bathrooms
400 SqM
Indoor Area
2
Storeys
Apr 2010
Completed

About This House

This property is a 400 SqM house with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Chai Sathan, Chiang Mai and was completed in Apr 2010. You can buy this house for a base price of ฿6,500,000 (฿16,250/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony BathtubBathtub MicrowaveMicrowave TVTV

Basic Information

Date Listed Dec 7, 2022
Updated 1 year ago
Property Type House (Single Detached)
Storeys 2
Location Chai Sathan, Chiang Mai
Bedrooms 4
Nearest Landmark Chiang Mai Railway Station -4.5 Km
Indoor Area 400 SqM
Price per SqM ฿16,250
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 536 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 N/A
Construction Completed (Apr 2010)
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) 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 U1181140

Investment Opportunity: Charges & Yield

Sale Price
฿6,500,000
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.
17
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 4 bedroom houses at Koolpunt Ville 10, and the current sales price.
6%

Project Details

Project Name: Koolpunt Ville 10
Developer: Koolpuntville Group
Construction: Completed (Apr 2010)
Units: 165
Project Area: N/A
Nearest Landmark Chiang Mai Railway Station - 4.5 Km
Location: Chai Sathan, Chiang Mai
Koolpunt Ville 10 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking

Available Units at Koolpunt Ville 10

For Sale 8 For Rent 4
Get notified when new homes are being added to Koolpunt Ville 10
View All (8)

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Frequently Asked Questions

All kind of pets are allowed at Koolpunt Ville 10 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai Railway Station is the nearest Railway Station from Koolpunt Ville 10 and it is 4.5 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 Koolpunt Ville 10 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
Modern house with a private atmosphere
Solya Adam, Sweden, 6 years ago
The house I bought has 4 bedrooms, 3 bathrooms and a very spacious living area of 200 square meters. The interior is decorated with premium-grade furniture. The beautiful mountain view is great. I'd say it's super refreshing. Plus, there are complete residents' facilities, including the clubhouse, the oversized swimming pool, the gym, the garden area and parking spaces for residents. Most importantly, the security guards are responsible. The neighbors are lovely. I knew it was the right decision buying a house here. Also, this place is surrounded by many amenities, including convenience stores and restaurants. The house is perfectly located in a good location and totally worth it
Chiang Mai
Chai Sathan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Koolpunt Ville 10

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
Chai Sathan, Saraphi, Chiang Mai
Number of units
323
Sales Prices
฿5.5M - ฿9M
Monthly Rentals
฿20K - ฿26K
Year Built
Dec 2017
Completion Status
Completed
Location
Tha Sala, Saraphi, Chiang Mai
Number of units
61
Sales Prices
฿1.96M - ฿5.9M
▼ -49% underpriced
Monthly Rentals
N/A
Year Built
Oct 2015
Completion Status
Completed
Project Name
The Urbana 5
Location
Chai Sathan, Saraphi, Chiang Mai
Number of units
97
Sales Prices
฿3.49M
Monthly Rentals
N/A
Year Built
Oct 2015
Completion Status
Completed
Location
Chai Sathan, Saraphi, Chiang Mai
Number of units
234
Sales Prices
฿4.2M - ฿6M
▲ 10.3% overpriced
Monthly Rentals
฿25K - ฿35K
Year Built
Dec 2015
Completion Status
Completed
Location
Tha Sala, Saraphi, Chiang Mai
Number of units
122
Sales Prices
฿9.85M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
Moo Baan Rinrada
Location
Pa Bong, Saraphi, Chiang Mai
Number of units
80
Sales Prices
฿8M
▲ 4% overpriced
Monthly Rentals
฿22K - ฿35K
Year Built
Aug 2008
Completion Status
Completed
Project Name
Grand Parano
Location
Tha Sala, Saraphi, Chiang Mai
Number of units
57
Sales Prices
฿2.8M
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Location
Tha Sala, Saraphi, Chiang Mai
Number of units
185
Sales Prices
฿3.7M - ฿4M
Monthly Rentals
฿15K
Year Built
Nov 2015
Completion Status
Completed
Location
Tha Sala, Saraphi, Chiang Mai
Number of units
32
Sales Prices
฿20M
Monthly Rentals
N/A
Year Built
Mar 2015
Completion Status
Completed
Location
Chai Sathan, Saraphi, Chiang Mai
Number of units
89
Sales Prices
฿3.8M - ฿9.5M
▼ -10% underpriced
Monthly Rentals
฿50K
Year Built
Oct 2020
Completion Status
Completed
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