Unit ID: U1847434
10% Rental Yield
San Kamphaeng, San Kamphaeng,Chiang Mai
฿4,750,000
3 Bedrooms
3
Bathrooms
201 SqM
Indoor Area
2
Storeys
Completed

About This House

This property is a 201 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in San Kamphaeng, Chiang Mai. You can buy this house for a base price of ฿4,750,000 (฿23,632/SqM).

Features

Private GymPrivate Gym Pool AccessPool Access TerraceTerrace Covered ParkingCovered Parking BalconyBalcony BathtubBathtub

Basic Information

Date Listed May 23, 2024
Updated 2 months ago
Property Type House
Storeys 2
Location San Kamphaeng, Chiang Mai
Bedrooms 3
Nearest Landmark MAIIAM Contemporary Art Museum -2.5 Km
Indoor Area 201 SqM
Price per SqM ฿23,632
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 239.20 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
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 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1847434

Investment Opportunity: Charges & Yield

Sale Price
฿4,750,000
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.
10
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 Grand Lanna Meridian, and the current sales price.
10%

Project Details

Project Name: Grand Lanna Meridian
Developer: N/A
Construction: Completed (Feb 2022)
Units: 121
Project Area: N/A
Nearest Landmark MAIIAM Contemporary Art Museum - 2.5 Km
Location: San Kamphaeng, Chiang Mai
Grand Lanna Meridian 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
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area

Available Units at Grand Lanna Meridian

For Sale 2 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at Grand Lanna Meridian including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
MAIIAM Contemporary Art Museum is the nearest Tourist Attraction from Grand Lanna Meridian and it is 2.5 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 Grand Lanna Meridian 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
San Kamphaeng

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Grand Lanna Meridian

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Number of units
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฿2.65M - ฿5.7M
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Ton Pao, San Kamphaeng, Chiang Mai
Number of units
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