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    5 Bedroom Townhouse for sale at The Hill Place
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    ฿4,650,000
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    5 Bedroom Townhouse for sale at The Hill Place

     (Write Review)
    Unit ID: U1911203
    10% Rental Yield
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
    ฿4,650,000
    5 Bedrooms
    3
    Bathrooms
    317 SqM
    Indoor Area
    4
    Storeys
    Completed
    18
    Sale Price
    ฿4,650,000

    About This Townhouse

    This property is a 317 SqM townhouse with 5 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Chang Phueak, Chiang Mai. You can buy this townhouse for a base price of ฿4,650,000 (฿14,669/SqM) and it is also available for long term rentals starting from ฿40,000 per month.

    The Hill Place

    Indulge in the epitome of Chiang Mai living with this stunning 4-story townhome. Boasting 5 bedrooms, 3 bathrooms, and a spacious 317 square meters of living space, this fully furnished oasis offers the ultimate in comfort and style. Unwind in your private haven, complete with a swimming pool and lush gardens, or explore the vibrant city just moments away. With easy access to 700 Year Stadium, Maya Shopping Center, Chiang Mai Rajabhat University, and the Chiang Mai Government Center, this prime location offers the perfect blend of tranquility and convenience. Yours for just 4,650,000 baht.

    Features

    Garden AccessGarden Access TerraceTerrace Full Western KitchenFull Western Kitchen BathtubBathtub

    Basic Information

    Date Listed Aug 13, 2024
    Updated 2 months ago
    Property Type Townhouse
    Storeys 4
    Location Chang Phueak, Chiang Mai
    Bedrooms 5
    Nearest Landmark 700th Anniversary Stadium -1.6 Km
    Indoor Area 317 SqM
    Price per SqM ฿14,669
    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 N/A
    Pets All Kind of Pets Allowed
    Townhouse Ownership

    Foreign nationals can own the building (townhouse) in their own name, but not the land that it stands on.

    Foreign Ownership, Thai Ownership, Company, Leasehold
    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, Company, Leasehold
    Land Title Deed N/A
    Construction Completed
    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) City View, Garden View
    Unit Type N/A
    Parking Spots 1
    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 U1911203

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿4,650,000
    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.
    10
    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.
    10%

    Project Details

    Project Name: The Hill Place
    Developer: N/A
    Construction: Completed (Dec 2018)
    Units: 20
    Project Area: N/A
    Nearest Landmark 700th Anniversary Stadium - 1.6 Km
    Location: Chang Phueak, Chiang Mai
    The Hill Place Project Details

    Available Units at The Hill Place

    For Sale 1 For Rent 1
    • All
    • 5 Beds
    Get notified when new homes are being added to The Hill Place
    View All (1)

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    Frequently Asked Questions

    All kind of pets are allowed at The Hill Place including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    700th Anniversary Stadium is the nearest Tourist Attraction from The Hill Place and it is 1.6 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 The Hill Place 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
    Chang Phueak

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