Unit ID: U64095
6% Rental Yield
Nong Khwai, Hang Dong,Chiang Mai
฿4,500,000
3 Bedrooms
2
Bathrooms
122 SqM
Indoor Area
2
Storeys
Oct 2014
Completed

About This House

This property is a 122 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Nong Khwai, Chiang Mai and was completed in Oct 2014. You can buy this house for a base price of ฿4,500,000 (฿36,885/SqM).

Features

Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Feb 13, 2018
Updated 4 years ago
Property Type House
Storeys 2
Location Nong Khwai, Chiang Mai
Bedrooms 3
Nearest Landmark Big C Supercenter -2 Km
Indoor Area 122 SqM
Price per SqM ฿36,885
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 160 SqM
Pets Not Allowed
House Ownership

Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

Thai Ownership, Company
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 (Oct 2014)
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 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 U64095

Investment Opportunity: Charges & Yield

Sale Price
฿4,500,000
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.
18
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
6%

Project Details

Project Name: Supalai Bella Chiangmai
Construction: Completed (Oct 2014)
Units: 147
Project Area: N/A
Nearest Landmark Big C Supercenter - 2 Km
Location: Nong Khwai, Chiang Mai
Supalai Bella Chiangmai Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Supalai Bella Chiangmai

For Sale 4 For Rent 3
Get notified when new homes are being added to Supalai Bella Chiangmai
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Frequently Asked Questions

All kind of pets are allowed at Supalai Bella Chiangmai including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Big C Supercenter is the nearest Shopping Mall from Supalai Bella Chiangmai 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 Supalai Bella Chiangmai 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 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Quality project from Supalai Group
Supanat Asavadit, Thailand, 5 years ago
It's a good and quality house, modern design and pleasing to me. It's designed in modern with a brown color tone, giving a sense of pleasant atmosphere. The house interior is spacious with sufficient living area, perfectly allocated zones, very nice. Moreover, the interior materials are luxurious, safe, and durable. It's perfect for those who love privacy because there is an excellent gate around the house. It is also a 10-15 minute travel to Chiang Mai International Airport and close to Hang Dong Market. Very complete!!
Chiang Mai
Nong Khwai

Neighborhood Overview

Location and Neighborhood

Street View

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▼ -1% underpriced
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