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    3 Bedroom House for sale at Siwalee Meechok
    San Phisuea, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    ฿8,500,000
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    3 Bedroom House for sale at Siwalee Meechok
    (1 Review)
    Unit ID: U655354
    6% Rental Yield
    San Phisuea, Mueang Chiang Mai,Chiang Mai
    ฿8,500,000
    3 Bedrooms
    3
    Bathrooms
    150 SqM
    Indoor Area
    2
    Storeys
    Dec 2013
    Completed
    29
    Sale Price
    ฿8,500,000

    About This House

    This property is a 150 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 Dec 2013. You can buy this house for a base price of ฿8,500,000 (฿56,667/SqM).

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Outdoor SalaOutdoor Sala

    Basic Information

    Date Listed Jan 19, 2021
    Updated 7 months ago
    Property Type House (Single Detached)
    Storeys 2
    Location San Phisuea, Chiang Mai
    Bedrooms 3
    Nearest Landmark Lanna Golf Course -2.6 Km
    Indoor Area 150 SqM
    Price per SqM ฿56,667
    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 376 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 (Dec 2013)
    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) 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
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U655354

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿8,500,000
    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.
    17
    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 Meechok, and the current sales price.
    6%

    Project Details

    Project Name: Siwalee Meechok
    Developer: Land and Houses
    Construction: Completed (Dec 2013)
    Units: 254
    Project Area: 104,000 SqM
    Nearest Landmark Lanna Golf Course - 2.6 Km
    Location: San Phisuea, Chiang Mai
    Siwalee Meechok 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

    Available Units at Siwalee Meechok

    For Sale 5 For Rent 4
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Siwalee Meechok
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    Frequently Asked Questions

    All kind of pets are allowed at Siwalee Meechok including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Lanna Golf Course is the nearest Golf from Siwalee Meechok and it is 2.6 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 Meechok 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
    Quiet place, suitable for living
    Howard Wu, China, 7 years ago
    The village has a tranquil atmosphere. It is shady with a lot of green trees. The communal garden is also large, and my children like it very much because there is a lot of playground equipment. There are also other facilities, such as a swimming pool and fitness centers. The neighbors are lovely. The location is also excellent, close to the main road, making it easy to travel anywhere. It is also not far from restaurants, an international school, and Lotus Ruamchok, only a 5-minute drive away so you'll never be bored here.
    Chiang Mai
    San Phisuea

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