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    4 Bedroom House for sale at Mod Chic
    Nong Khwai, Hang Dong,Chiang Mai
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    Sale Price
    ฿7,650,000
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    4 Bedroom House for sale at Mod Chic
     (Write Review)
    Unit ID: U1708012
    5% Rental Yield
    Nong Khwai, Hang Dong,Chiang Mai
    ฿7,650,000
    4 Bedrooms
    3
    Bathrooms
    252 SqM
    Indoor Area
    2
    Storeys
    9 Months
    Made To Order
    24
    Sale Price
    ฿7,650,000

    About This House

    This property is a 252 SqM house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Nong Khwai, Chiang Mai and will be built within 9 months of purchase. You can buy this house for a base price of ฿7,650,000 (฿30,357/SqM).

    4BR House w/ Private Pool: Sansaran Mod Chic, Nong Khwai

    For sale at Sansaran Mod Chic, Nong Khwai, near Canal Road, is an opulent four-bedroom residence with a private pool, fully furnished, and positioned on a corner plot.  Key details:
    • 252 square metres of living space set over two levels on a 81.7 sq.wah plot
    • Four bedrooms and three bathrooms
    • Master bedroom includes well fitted out dressing area and en-suite bathroom
    • Outstanding living/dining room with sunken seating area, as well as more traditional relaxing space
    • Study
    • Kitchen with built-in oven, dishwasher, fridge freezer, hob, extractor and microwave
    • Utility area
    • Fully furnished and equipped with air-con
    • Private pool
    • Parking for two cars
    Development facilities:
    • Security
    • Swimming Pool
    • Gym

    Features

    Private PoolPrivate Pool Rooftop TerraceRooftop Terrace Private GardenPrivate Garden TerraceTerrace DuplexDuplex BalconyBalcony

    Basic Information

    Date Listed Dec 26, 2023
    Updated 3 months ago
    Property Type House (Single Detached)
    Storeys 2
    Location Nong Khwai, Chiang Mai
    Bedrooms 4
    Nearest Landmark Hang Dong District Municipal Food Market -3 Km
    Indoor Area 252 SqM
    Price per SqM ฿30,357
    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 328 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 Chanote
    Construction Made To Order (9 Months)
    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, 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.
    ฿756/mo
    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 U1708012

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿7,650,000
    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.
    ฿756/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.
    19
    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 Mod Chic, and the current sales price.
    5%

    Project Details

    Project Name: Mod Chic
    Developer: N/A
    Construction: Made To Order (9 Months)
    Units: 300
    Project Area: N/A
    Nearest Landmark Hang Dong District Municipal Food Market - 3 Km
    Location: Nong Khwai, Chiang Mai
    Mod Chic Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Sauna Sauna

    Available Units at Mod Chic

    For Sale 1 For Rent 1
    • All
    • 4 Beds
    Get notified when new homes are being added to Mod Chic
    View All (1)

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    Frequently Asked Questions

    The common area maintenance fee is ฿3 per square meter based on the size of indoor area of the property and is ฿756 for this house. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
    Hang Dong District Municipal Food Market is the nearest Market from Mod Chic and it is 3 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 Mod Chic 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
    Nong Khwai

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