Unit ID: U1055592
6% Rental Yield
Pa Daet, Mueang Chiang Mai,Chiang Mai
฿8,300,000
4 Bedrooms
4
Bathrooms
220 SqM
Indoor Area
2
Storeys
Feb 2013
Completed

About This House

This property is a 220 SqM house with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Pa Daet, Chiang Mai and was completed in Feb 2013. You can buy this house for a base price of ฿8,300,000 (฿37,727/SqM) and it is also available for long term rentals starting from ฿40,000 per month.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Mar 12, 2023
Updated 3 months ago
Property Type House (Single Detached)
Storeys 2
Location Pa Daet, Chiang Mai
Bedrooms 4
Nearest Landmark Centralplaza Chiangmai Airport -0.7 Km
Indoor Area 220 SqM
Price per SqM ฿37,727
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 272 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 (Feb 2013)
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 N/A
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.
฿330,000/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1055592

Investment Opportunity: Charges & Yield

Sale Price
฿8,300,000
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.
฿330,000/mo
Rent
฿40,000/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.
17
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.
6%

Project Details

Developer: N/A
Construction: Completed (Feb 2013)
Units: 40
Project Area: N/A
Nearest Landmark Centralplaza Chiangmai Airport - 0.7 Km
Location: Pa Daet, Chiang Mai
Supalai Garden Ville Airport Chiangmai Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking

Available Units at Supalai Garden Ville Airport Chiangmai

For Sale 2 For Rent 1
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Frequently Asked Questions

The common area maintenance fee is ฿1,500 per square meter based on the size of indoor area of the property and is ฿330,000 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.
Centralplaza Chiangmai Airport is the nearest Shopping Mall from Supalai Garden Ville Airport Chiangmai and it is 0.7 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 Supalai Garden Ville Airport Chiangmai 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 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A quality project in Chiang Mai
Wipavadee S., Thailand, 6 years ago
This high-quality project is perfect since it is well designed, modern, beautiful, and pleasant to live in. The house is large, with a well-balanced layout of living spaces. The furnishings in the house are beautiful and long-lasting. It appeals to those who value their privacy. Aside from the extensive amenities, the location is advantageous because it is about 10-12 minutes to get to Sunday Market and 13 minutes to reach the airport. In conclusion, this project is considered a quality project.
Chiang Mai
Pa Daet

Neighborhood Overview

Location and Neighborhood

Street View

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Location
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Location
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