Unit ID: U1014530
4% Rental Yield
Nong Khwai, Hang Dong,Chiang Mai
฿14,100,000
6 Bedrooms
6
Bathrooms
490 SqM
Indoor Area
2
Storeys
Jan 2010
Completed

About This House

This property is a 490 SqM house with 6 bedrooms and 6 bathrooms that is available for sale. It is part of the project in Nong Khwai, Chiang Mai and was completed in Jan 2010. You can buy this house for a base price of ฿14,100,000 (฿28,776/SqM) and it is also available for long term rentals starting from ฿50,000 per month.

Features

Private PoolPrivate Pool TerraceTerrace Covered ParkingCovered Parking BalconyBalcony BathtubBathtub

Basic Information

Date Listed Jul 12, 2021
Updated 7 months ago
Property Type House (Single Detached)
Storeys 2
Location Nong Khwai, Chiang Mai
Bedrooms 6
Nearest Landmark Chiang Mai International Airport -4.6 Km
Indoor Area 490 SqM
Price per SqM ฿28,776
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 576 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 (Jan 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 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1014530

Investment Opportunity: Charges & Yield

Sale Price
฿14,100,000
Rent
฿50,000/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.
24
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.
4%

Project Details

Project Name: Lanna Thara Village
Developer: N/A
Construction: Completed (Jan 2010)
Units: 60
Project Area: N/A
Nearest Landmark Chiang Mai International Airport - 4.6 Km
Location: Nong Khwai, Chiang Mai
Lanna Thara Village Project Details

Project Features

On Site Restaurant On Site Restaurant
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
Sauna Sauna

Available Units at Lanna Thara Village

For Sale 5 For Rent 5
Get notified when new homes are being added to Lanna Thara Village
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Frequently Asked Questions

All kind of pets are allowed at Lanna Thara Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai International Airport is the nearest Airport from Lanna Thara Village and it is 4.6 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 Lanna Thara Village 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
Beautiful project in Hang Dong area
Estella T., France, 7 years ago
It is a detached house project with a beautiful entrance. The project's Lanna-style design appeals to me. My house is tastefully decorated and livable, and I was impressed by the amount of thought put into the project. I knew that I had made the right decision buying this house. The common area is incredibly good, like the swimming pool, the fitness room, the sauna, the 24-hour security system, etc. The neighbors here are friendly as well. By the way, the project is located near Hang Dong Market, Makro Hang Dong, and Big C Hang Dong. As a resident, I highly recommend this place. Last but not least, the location is excellent for real.
Chiang Mai
Nong Khwai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lanna Thara Village

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฿2.65M - ฿2.99M
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▼ -26% underpriced
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Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
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Year Built
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