Unit ID: U73901
7% Rental Yield
San Phak Wan, Hang Dong,Chiang Mai
฿5,074,800
3 Bedrooms
3
Bathrooms
192 SqM
Indoor Area
2
Storeys
Aug 2013
Completed

About This House

This property is a 192 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in San Phak Wan, Chiang Mai and was completed in Aug 2013. You can buy this house for a base price of ฿5,074,800 (฿26,431/SqM).

Gigantic Home, Tiny Price: Your Dream Home Awaits in San Phak Wan!

Move over, tiny apartments! Say hello to the beautiful, spacious 192-sqm home of your dreams. Now, you can arrive home and breathe in a load of fresh air, because this 3-bedroom, 3-bathroom stunner is totally breathable (not to mention affordable). Now, you can spend your mornings sipping coffee on your front porch and your afternoons cultivating a lovely garden of green. Plus, this gorgeous gem is part of the The Celio project in San Phak Wan, Chiang Mai, which was completed way back in August 2013, so you know you'll be in good (not to mention secure) hands.The best part? All this beauty can be yours for an incredibly reasonable base price of ฿5,074,800 (which works out to ฿26,431/SqM). That's right--a price that won't break the bank and you don't even have to compromise on your standards either. So, why wait? Jump at this deal and make this home yours today!

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed May 9, 2018
Updated 4 years ago
Property Type House
Storeys 2
Location San Phak Wan, Chiang Mai
Bedrooms 3
Nearest Landmark Chiang Mai International Airport -9 Km
Indoor Area 192 SqM
Price per SqM ฿26,431
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 240 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.

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.

Leasehold
Land Title Deed N/A
Construction Completed (Aug 2013)
Furniture
Unfurnished
View(s) Garden View, Blocked View
Unit Type EV192
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
Developer
Electricity Price N/A
Water Price N/A
Unit ID U73901

Investment Opportunity: Charges & Yield

Sale Price
฿5,074,800
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.
14
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 The Celio, and the current sales price.
7%

Project Details

Project Name: The Celio
Developer: CM Lanna Property
Construction: Completed (Aug 2013)
Units: 174
Project Area: 67,492 SqM
Nearest Landmark Chiang Mai International Airport - 9 Km
Location: San Phak Wan, Chiang Mai
The Celio Project Details

Project Features

Communal Pool Communal Pool
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Communal Garden Area Communal Garden Area

Available Units at The Celio

For Sale 11 For Rent 5
Get notified when new homes are being added to The Celio
View All (11)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at The Celio including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai International Airport is the nearest Airport from The Celio and it is 9 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 The Celio 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
Convenient to travel around
Narong Meechai, Thailand, 5 years ago
It is another detached house project that has a modern and very strict security system. Most importantly, there are 6 types of houses to choose from, but only 3 bedrooms are available. The house here faces the wind direction, making the inside of the house relatively cool and well ventilated. The atmosphere around the project is shady because there are many trees here—anyone who wants to use the pool during the holidays, I recommend avoiding it if possible because many people will use the service during the holidays. In terms of location, it is considered ok, convenient to travel, and close to Big C Super Center, where I can easily buy food.
Chiang Mai
San Phak Wan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Celio

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 Phak Wan, Hang Dong, Chiang Mai
Number of units
66
Sales Prices
฿11.1M - ฿12.3M
▲ 10.3% overpriced
Monthly Rentals
N/A
Year Built
Dec 2019
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
151
Sales Prices
฿2.79M
Monthly Rentals
N/A
Year Built
Nov 2014
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
N/A
Sales Prices
฿7.5M
Monthly Rentals
฿14K - ฿45K
Year Built
May 2008
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
90
Sales Prices
฿2.89M
Monthly Rentals
฿17K - ฿35K
Year Built
N/A
Completion Status
Completed
Project Name
Proud Kwang Wiang
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
4
Sales Prices
฿7.49M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Baan Kwanwieng
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
379
Sales Prices
฿1.95M - ฿2.95M
Monthly Rentals
฿13K
Year Built
Jan 2017
Completion Status
Completed
Project Name
Baan Nuntima
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
56
Sales Prices
฿6.19M - ฿9.98M
Monthly Rentals
฿95K
Year Built
Jan 2009
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
43
Sales Prices
฿3.56M - ฿51M
Monthly Rentals
N/A
Year Built
Jun 2025
Completion Status
Made To Order
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
3
Sales Prices
฿16.5M - ฿18M
▼ -4.5% underpriced
Monthly Rentals
฿100K - ฿120K
Year Built
Sep 2019
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
85
Sales Prices
฿2.7M - ฿6.5M
Monthly Rentals
N/A
Year Built
Dec 2012
Completion Status
Completed
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