Unit ID: U896618
5% Rental Yield
Mae Hia, Mueang Chiang Mai,Chiang Mai
฿4,800,000 ฿5,500,000
3 Bedrooms
2
Bathrooms
170 SqM
Indoor Area
2
Storeys
Jul 2006
Completed

About This House

This property is a 170 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Mae Hia, Chiang Mai and was completed in Jul 2006. You can buy this house for a base price of ฿4,800,000 (฿28,235/SqM).

House for sale at Siwalee Klong Chol, Chiang Mai

This property is a 170 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Siwalee Kling Chol, Chiang Mai project in Mae Hia, Chiang Mai and was completed in July 2006. You can buy this house for a base price of ฿5,500,000 (฿32,35294/SqM)

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed May 19, 2021
Updated 1 month ago
Property Type House (Single Detached)
Storeys 2
Location Mae Hia, Chiang Mai
Bedrooms 3
Nearest Landmark Chiang Mai International Airport -2 Km
Indoor Area 170 SqM
Price per SqM ฿28,235
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 216 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 Chanote
Construction Completed (Jul 2006)
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) Blocked 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.
฿1,200/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U896618

Investment Opportunity: Charges & Yield

Sale Price
฿4,800,000
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.
฿1,200/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.
21
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 Siwalee Klong Chol, and the current sales price.
5%

Project Details

Project Name: Siwalee Klong Chol
Developer: N/A
Construction: Completed (Jan 2010)
Units: 294
Project Area: N/A
Nearest Landmark Chiang Mai International Airport - 2 Km
Location: Mae Hia, Chiang Mai
Siwalee Klong Chol Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Siwalee Klong Chol

For Sale 1 For Rent 2
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Frequently Asked Questions

All kind of pets are allowed at Siwalee Klong Chol including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai International Airport is the nearest Airport from Siwalee Klong Chol 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 Siwalee Klong Chol 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

4.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A quality single-detached house from Land & House
Nicky R., United States, 4 years ago
It is a detached house project with a high level of quality. It has a wide road with shady trees. It has 24-hour security guards who always check before entering the project. I bought a house with 3 bedrooms for my parents to live in after retirement. The house is quite large with a beautiful design, both interior, and exterior. There are a variety of facilities, such as a swimming pool, clubhouse, garden area, kids playground, fitness center, etc. My father enjoys walking in the park, and he said "he doesn't feel lonely" because he has met a lot of friendly neighbors. Furthermore, it is located in a great location where I can see the Doi Suthep Mountain and close to many amenities. I was never disappointed to buy this project.
Chiang Mai
Mae Hia

Neighborhood Overview

Location and Neighborhood

Street View

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Location
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