Unit ID: U440335
6% Rental Yield
San Phak Wan, Hang Dong,Chiang Mai
฿7,485,225
2 Bedrooms
3
Bathrooms
187 SqM
Indoor Area
3
Storeys
Oct 2017
Completed

About This Townhouse

This property is a 187 SqM townhouse with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the project in San Phak Wan, Chiang Mai and was completed in Oct 2017. You can buy this townhouse for a base price of ฿7,485,225 (฿40,028/SqM).

Live in Sophistication in San Phak Wan: 187 SqM Townhouse!

Perfect for living and investing alike, this 187 SqM townhouse in Malada Maz project is an outstanding opportunity for newcomers and established buyers alike to experience luxurious living in the vibrant San Phak Wan area of Chiang Mai.Designed by one of the city's acclaimed architects and completed in October 2017, this two-bedroom, three-bathroom townhouse offers undeniable sophistication and sophistication, boasting an expansive 187 SqM of sleek splendor throughout. Boasting its exceptional build quality, the property is complemented by hand-crafted fixtures, ample living space and an array of modern amenities certain to please any purchaser.Centrally located, the townhouse is moments away from a variety of local amenities, perfect for those seeking to appreciate the nearby culture and vibrant lifestyle. Here you will find top-notch restaurants, bustling markets, incredible views and public transport all easily accessible.This fantastic opportunity is available to you for the attractive base price of ฿7,485,225 (฿40,028/SqM). Offered with allocated parking and a range of exclusive amenities to make life easy and comfortable, this property is without a doubt an opportunity worth exploring.If you are seeking the perfect investment/home in San Phak Wan Chiang Mai, then this townhouse is a must-have. Boasting stylish modern design, comfortable living space, and an unbeatable location, this property could be the perfect opportunity for you to live in one of the city's most sought after neighborhoods. Enquire now and see the potential for yourself.

Features

TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Mar 9, 2020
Updated 4 years ago
Property Type Townhouse
Storeys 3
Location San Phak Wan, Chiang Mai
Bedrooms 2
Nearest Landmark Kad Farang Village -1.9 Km
Indoor Area 187 SqM
Price per SqM ฿40,028
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 93.60 SqM
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.

Thai Ownership, Company
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
Land Title Deed N/A
Construction Completed (Oct 2017)
Furniture
Unfurnished
View(s) Mountain View, Garden View
Unit Type Loft
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.
฿900/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U440335

Investment Opportunity: Charges & Yield

Sale Price
฿7,485,225
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.
฿900/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.
15
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 2 bedroom townhouses at Malada Maz, and the current sales price.
6%

Project Details

Project Name: Malada Maz
Developer: Malada
Construction: Completed (Oct 2017)
Units: 116
Project Area: 22,864 SqM
Nearest Landmark Kad Farang Village - 1.9 Km
Location: San Phak Wan, Chiang Mai
Malada Maz 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
Communal Garden Area Communal Garden Area

Popular Facilities at Malada Maz

  • Communal Pool
    Ground Floor
  • Communal Gym
    2nd Floor

Available Units at Malada Maz

For Sale 18 For Rent 6
Updated 1 week ago
Available Units at Malada Maz
฿4,460,000
฿24,372/SqM
Beds 2 Beds
Baths 3 Baths
Size 183 SqM Size
Plot Size 108 SqM Plot Size
Unfurnished
Available Units at Malada Maz
฿4,500,000฿5,000,000
฿22,613/SqM
Great Price
Beds 3 Beds
Baths 3 Baths
Size 199 SqM Size
Plot Size 147.40 SqM Plot Size
Fully Furnished Garden View
Available Units at Malada Maz
฿3,866,286
฿26,124/SqM
Great Price
Beds 3 Beds
Baths 3 Baths
Size 148 SqM Size
Plot Size 95.60 SqM Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
฿6,079,526
฿30,550/SqM
Beds 2 Beds
Baths 4 Baths
Size 199 SqM Size
Plot Size 164 SqM Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
฿3,650,000
฿20,857/SqM
Beds 3 Beds
Baths 3 Baths
Size 175 SqM Size
Plot Size 38 SqM Plot Size
Unfurnished
Available Units at Malada Maz
฿3,700,000
฿24,667/SqM
Great Price
Beds 3 Beds
Baths 3 Baths
Size 150 SqM Size
Plot Size 92 SqM Plot Size
Unfurnished Unblocked Open View
Available Units at Malada Maz
฿4,837,834
฿29,680/SqM
Beds 3 Beds
Baths 3 Baths
Size 163 SqM Size
Plot Size 142 SqM Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
฿7,485,225
฿40,028/SqM
Beds 2 Beds
Baths 3 Baths
Size 187 SqM Size
Plot Size 93.60 SqM Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
฿4,980,413
฿30,555/SqM
Great Price
Beds 3 Beds
Baths 3 Baths
Size 163 SqM Size
Plot Size 166.80 SqM Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
฿8,559,538
฿43,013/SqM
Beds 2 Beds
Baths 4 Baths
Size 199 SqM Size
Plot Size 137.20 SqM Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
฿5,414,941
฿33,220/SqM
Beds 3 Beds
Baths 3 Baths
Size 163 SqM Size
Plot Size 203.60 SqM Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
฿5,824,023
฿39,352/SqM
Beds 3 Beds
Baths 3 Baths
Size 148 SqM Size
Plot Size 94.80 SqM Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
฿6,371,129
฿28,829/SqM
Beds 3 Beds
Baths 4 Baths
Size 221 SqM Size
Plot Size 192.40 SqM Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
฿6,390,668
฿28,917/SqM
Beds 3 Beds
Baths 4 Baths
Size 221 SqM Size
Plot Size 180.80 SqM Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
฿6,650,570
฿40,801/SqM
Beds 3 Beds
Baths 3 Baths
Size 163 SqM Size
Plot Size 137.60 SqM Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
฿7,240,961
฿44,423/SqM
Beds 3 Beds
Baths 3 Baths
Size 163 SqM Size
Plot Size 182 SqM Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
฿7,485,225
฿37,614/SqM
Beds 3 Beds
Baths 4 Baths
Size 199 SqM Size
Plot Size 93.60 SqM Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
฿7,490,848
฿37,642/SqM
Beds 3 Beds
Baths 4 Baths
Size 199 SqM Size
Plot Size 94 SqM Plot Size
Unfurnished Mountain View
Get notified when new homes are being added to Malada Maz
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Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
฿50,000
2nd Installment
Before handover
฿70,000
3rd Installment
On handover
100%

Frequently Asked Questions

All kind of pets are allowed at Malada Maz including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at Malada Maz is a fixed amount of ฿900. This amount 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.
Kad Farang Village is the nearest Shopping Mall from Malada Maz and it is 1.9 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 Malada Maz 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
฿20,000
1st Installment
Upon contract signing
฿50,000
2nd Installment
Before handover
฿70,000
3rd Installment
On handover
100%


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
San Phak Wan

Neighborhood Overview

Location and Neighborhood

Street View

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