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    4 Bedroom Villa for sale at Ornsirin Ville Donchan
    Chai Sathan, Saraphi,Chiang Mai
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    Sale Price
    ฿9,500,000
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    4 Bedroom Villa for sale at Ornsirin Ville Donchan
    (1 Review)
    Unit ID: U1033012
    3% Rental Yield
    Chai Sathan, Saraphi,Chiang Mai
    ฿9,500,000
    4 Bedrooms
    2
    Bathrooms
    140 SqM
    Indoor Area
    2
    Storeys
    Aug 2020
    Completed
    31
    Sale Price
    ฿9,500,000

    About This Villa

    This property is a 140 SqM villa with 4 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Chai Sathan, Chiang Mai and was completed in Aug 2020. You can buy this villa for a base price of ฿9,500,000 (฿67,857/SqM).

    Features

    Private PoolPrivate Pool TerraceTerrace Corner UnitCorner Unit BalconyBalcony Outdoor ShowersOutdoor Showers Renovated KitchenRenovated Kitchen (2021)

    Basic Information

    Date Listed Sep 23, 2021
    Updated 3 years ago
    Property Type Villa (Single Detached)
    Storeys 2
    Location Chai Sathan, Chiang Mai
    Bedrooms 4
    Nearest Landmark Promenada Chiang Mai -1.3 Km
    Indoor Area 140 SqM
    Price per SqM ฿67,857
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    225 SqM
    Plot Size 280 SqM
    Pets All Kind of Pets Allowed
    Villa Ownership

    Foreign nationals can own the building (villa) 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 (Aug 2020)
    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, Unblocked Open 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.
    ฿196,000/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1033012

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿9,500,000
    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.
    ฿196,000/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.
    32
    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 villas at Ornsirin Ville Donchan, and the current sales price.
    3%

    Project Details

    Project Name: Ornsirin Ville Donchan
    Developer: Ornsirin Group
    Construction: Completed (Oct 2020)
    Units: 89
    Project Area: 16,256 SqM
    Nearest Landmark Promenada Chiang Mai - 1.3 Km
    Location: Chai Sathan, Chiang Mai
    Ornsirin Ville Donchan Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Communal Garden Area Communal Garden Area

    Popular Facilities at Ornsirin Ville Donchan

    • All
    • Leisure
    3
    • Communal Garden Area
      Ground Floor

    Available Units at Ornsirin Ville Donchan

    For Sale 7 For Rent 1
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Ornsirin Ville Donchan
    View All (7)

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    Frequently Asked Questions

    All kind of pets are allowed at Ornsirin Ville Donchan including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is ฿700 per square meter based on the plot size of the property and is ฿196,000 for this villa. 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.
    Promenada Chiang Mai is the nearest Shopping Mall from Ornsirin Ville Donchan and it is 1.3 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 Ornsirin Ville Donchan you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    ฿50,000
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    On handover
    70%


    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
    It's convenient to get around.
    Wanchai Somboon, Thailand, 5 years ago
    I visited my friends who stayed in this project. His townhome is a 2-story three-bedroom unit with a large usable area, so it's a family-friendly home. The atmosphere of the project is calm and private. There is security. Unfortunately, there is no swimming pool like other projects. The project is in an excellent location; it's only 5 minutes away from Promenada Chiang Mai. Most importantly, it takes only 15 mins to Chiang Mai International Airport. Overall, it's convenient to get around.
    Chiang Mai
    Chai Sathan

    Neighborhood Overview

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