Unit ID: U1899156
6% Rental Yield
San Phisuea, Mueang Chiang Mai,Chiang Mai
฿7,500,000
3 Bedrooms
3
Bathrooms
290 SqM
Indoor Area
2
Storeys
Jan 2020
Completed

About This House

This property is a 290 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in San Phisuea, Chiang Mai and was completed in Jan 2020. You can buy this house for a base price of ฿7,500,000 (฿25,862/SqM).

3 bedrooms house in peaceful and luxury community

Fully renovated modern contemporary house, nearby NIS international school

Features

Pool AccessPool Access Fully RenovatedFully Renovated (2024)

Basic Information

Date Listed Jul 21, 2024
Updated 1 week ago
Property Type House
Storeys 2
Location San Phisuea, Chiang Mai
Bedrooms 3
Nearest Landmark Central Chiangmai -4.1 Km
Indoor Area 290 SqM
Price per SqM ฿25,862
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
50 SqM
Plot Size 516 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.

Foreign Ownership, Thai Ownership, Company, Leasehold
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, Leasehold
Land Title Deed Chanote
Construction Completed (Jan 2020)
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Unblocked Open View
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 U1899156

Investment Opportunity: Charges & Yield

Sale Price
฿7,500,000
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 Laddarom Village, and the current sales price.
6%

Project Details

Project Name: Laddarom Village
Developer: N/A
Construction: Completed (Apr 2013)
Units: 119
Project Area: N/A
Nearest Landmark Central Chiangmai - 4.1 Km
Location: San Phisuea, Chiang Mai
Laddarom Village Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Laddarom Village

For Sale 3 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at Laddarom Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Central Chiangmai is the nearest Shopping Mall from Laddarom Village and it is 4.1 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 Laddarom 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

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Chiang Mai
San Phisuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Laddarom Village

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
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
฿6.49M
▲ 10% overpriced
Monthly Rentals
฿64.9K
Year Built
N/A
Completion Status
Completed
Project Name
Laddarom Elegance
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
119
Sales Prices
฿18M
Monthly Rentals
฿90K
Year Built
Jan 2021
Completion Status
Completed
Project Name
Supalai Moda
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
139
Sales Prices
฿4.39M - ฿5.4M
Monthly Rentals
N/A
Year Built
Dec 2018
Completion Status
Completed
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
69
Sales Prices
฿2.8M - ฿3.3M
Monthly Rentals
฿9K - ฿30K
Year Built
Jun 2017
Completion Status
Completed
Project Name
Siwalee Meechok
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
254
Sales Prices
฿6.89M - ฿8.49M
▼ -1% underpriced
Monthly Rentals
฿34.9K - ฿39.9K
Year Built
Dec 2013
Completion Status
Completed
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
70
Sales Prices
฿2.9M
▼ -27% underpriced
Monthly Rentals
N/A
Year Built
Dec 2012
Completion Status
Completed
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
฿1.59M - ฿2.1M
▼ -23% underpriced
Monthly Rentals
N/A
Year Built
Aug 2015
Completion Status
Completed
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
84
Sales Prices
฿20.9M - ฿38M
Monthly Rentals
N/A
Year Built
Dec 2024
Completion Status
Off Plan
Project Name
Lanna Ville
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
50
Sales Prices
฿12.7M - ฿29M
▼ -16% underpriced
Monthly Rentals
฿34.9K - ฿99.8K
Year Built
Dec 2006
Completion Status
Completed
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
1052
Sales Prices
฿675K - ฿700K
Monthly Rentals
N/A
Year Built
Jan 2016
Completion Status
Completed
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