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    3 Bedroom House for sale at Baan Karnkanok 12
    Nong Phueng, Saraphi,Chiang Mai
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    Sale Price
    ฿5,700,000 ฿6,990,000
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    3 Bedroom House for sale at Baan Karnkanok 12
    (1 Review)
    Unit ID: U1662598
    6% Rental Yield
    Nong Phueng, Saraphi,Chiang Mai
    ฿5,700,000 ฿6,990,000
    3 Bedrooms
    3
    Bathrooms
    175 SqM
    Indoor Area
    Aug 2018
    Completed
    12
    Sale Price
    ฿5,700,000
    ฿6,990,000

    About This House

    This property is a 175 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Nong Phueng, Chiang Mai and was completed in Aug 2018. You can buy this house for a base price of ฿5,700,000 (฿32,571/SqM).

    Basic Information

    Date Listed Sep 5, 2023
    Updated 5 months ago
    Property Type House
    Storeys N/A
    Location Nong Phueng, Chiang Mai
    Bedrooms 3
    Nearest Landmark Promenada Chiang Mai -2 Km
    Indoor Area 175 SqM
    Price per SqM ฿32,571
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    288 SqM
    Plot Size 284 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.

    N/A
    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.

    N/A
    Land Title Deed N/A
    Construction Completed (Aug 2018)
    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) N/A
    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 U1662598

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿5,700,000
    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.
    16
    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 3 bedroom houses at Baan Karnkanok 12, and the current sales price.
    6%

    Project Details

    Project Name: Baan Karnkanok 12
    Developer: Karnkanok Property Co., Ltd.
    Construction: Completed (Aug 2018)
    Units: 315
    Project Area: 121,470 SqM
    Nearest Landmark Promenada Chiang Mai - 2 Km
    Location: Nong Phueng, Chiang Mai
    Baan Karnkanok 12 Project Details

    Project Features

    Hotel Managed Hotel Managed
    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 Baan Karnkanok 12

    For Sale 3 For Rent 8
    • All
    • 3 Beds
    • 5 Beds
    Get notified when new homes are being added to Baan Karnkanok 12
    View All (3)

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    Frequently Asked Questions

    All kind of pets are allowed at Baan Karnkanok 12 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Promenada Chiang Mai is the nearest Shopping Mall from Baan Karnkanok 12 and it is 2 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 Baan Karnkanok 12 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

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Good atmosphere.
    Krittiyot J, Thailand, 5 years ago
    I have the opportunity to visit the model house. The atmosphere here is shady and has a huge area. I'm okay with the surroundings. Nice house, modern design with three bedrooms and privately gated. The house has some furniture, which looks strong and durable. The clubhouse is large. There is a swimming pool, a fitness center, and children's play areas as well. Personally, the location is very convenient. I can travel to the city in 5 minutes. Next to the project, there are many shops. If you want to go to Chiang Mai International Airport, it only takes about 15 minutes.
    Chiang Mai
    Nong Phueng

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