Unit ID: U1937539
10% Rental Yield
Mae Hia, Mueang Chiang Mai,Chiang Mai
฿2,990,000
3 Bedrooms
3
Bathrooms
141 SqM
Indoor Area
2
Storeys
Completed

About This House

This property is a 141 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Mae Hia, Chiang Mai. You can buy this house for a base price of ฿2,990,000 (฿21,206/SqM).

Unfurnished 3 Bed House for Sale : Karnkanok 21

A delightful family style home located within the Karnkanok 21 development at Mae Hia, just a 10 to 15 minute drive to various international schools and the city. Key Details: - 141 Sq. m of two-storey living space - Generous accommodation with open-plan living area with separate kitchen - Three good size bedrooms with the master benefiting from en-suite bathroom and sliding doors to a balcony. Second and third bedrooms share the family bathroom and there is a ground floor guest bathroom - Outside utility area - Small garden with covered parking for two cars - Unfurnished - Air-con to some rooms.

Features

Private GardenPrivate Garden TerraceTerrace DuplexDuplex BalconyBalcony

Basic Information

Date Listed Sep 25, 2024
Updated 1 month ago
Property Type House (Single Detached)
Storeys 2
Location Mae Hia, Chiang Mai
Bedrooms 3
Nearest Landmark Chiang Mai International Airport -5 Km
Indoor Area 141 SqM
Price per SqM ฿21,206
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
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
Unfurnished
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
Each listing provided by partnered agents is individually verified by BPP. Partner Agents work for different brokerages or property management companies but have teamed up with BPP so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1937539

Investment Opportunity: Charges & Yield

Sale Price
฿2,990,000
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 Karnkanok 21, and the current sales price.
10%

Project Details

Project Name: Karnkanok 21
Developer: N/A
Construction: Completed (Dec 2013)
Units: 401
Project Area: N/A
Nearest Landmark Chiang Mai International Airport - 5 Km
Location: Mae Hia, Chiang Mai
Karnkanok 21 Project Details

Available Units at Karnkanok 21

For Sale 1 For Rent 4
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Frequently Asked Questions

All kind of pets are allowed at Karnkanok 21 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai International Airport is the nearest Airport from Karnkanok 21 and it is 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 Karnkanok 21 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
Mae Hia

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Karnkanok 21

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
292
Sales Prices
฿1.74M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
78
Sales Prices
฿29.9M
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฿219K
Year Built
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Completion Status
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Project Name
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Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
฿2.59M - ฿7.47M
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฿14.9K - ฿17.9K
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Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
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฿8.77M - ฿25.7M
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฿39.9K - ฿47.8K
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Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
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฿7.97M - ฿13M
▲ 2% overpriced
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฿34.9K - ฿48.8K
Year Built
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Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
170
Sales Prices
฿2.44M - ฿3.79M
Monthly Rentals
฿14.9K - ฿22.9K
Year Built
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Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
79
Sales Prices
฿2.79M - ฿7.87M
▼ -3% underpriced
Monthly Rentals
฿12K - ฿29.9K
Year Built
Jun 2011
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
60
Sales Prices
฿1.35M - ฿1.49M
▼ -21% underpriced
Monthly Rentals
฿6.98K
Year Built
Jan 2015
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
69
Sales Prices
฿1.99M - ฿3.29M
▼ -25% underpriced
Monthly Rentals
฿7.97K - ฿12.5K
Year Built
Jan 2013
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
98
Sales Prices
฿23.8M - ฿37.9M
Monthly Rentals
N/A
Year Built
May 2010
Completion Status
Completed
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