Unit ID: U73446
5% Rental Yield
Mueang Kaeo, Mae Rim,Chiang Mai
฿5,553,800 Great Price
3 Bedrooms
2
Bathrooms
160 SqM
Indoor Area
2
Storeys
6 Months
Made To Order

About This House

This property is a 160 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Mueang Kaeo, Chiang Mai and will be built within 6 months of purchase. You can buy this house for a base price of ฿5,553,800 (฿34,711/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Apr 30, 2018
Updated 4 years ago
Property Type House
Storeys 2
Location Mueang Kaeo, Chiang Mai
Bedrooms 3
Nearest Landmark Maejo University -3.8 Km
Indoor Area 160 SqM
Price per SqM ฿34,711
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 248 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.

Foreign Ownership, 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, Company
Land Title Deed N/A
Construction Made To Order (6 Months)
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) Park View, Garden View
Unit Type Amherst
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.
฿496/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U73446

Investment Opportunity: Charges & Yield

Sale Price
฿5,553,800
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.
฿496/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.
18
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 Clifford Chiang Mai, and the current sales price.
5%

Project Details

Project Name: The Clifford Chiang Mai
Developer: N/A
Construction: Made To Order (6 Months)
Units: 104
Project Area: N/A
Nearest Landmark Maejo University - 3.8 Km
Location: Mueang Kaeo, Chiang Mai
The Clifford Chiang Mai Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone

Available Units at The Clifford Chiang Mai

For Sale 6 For Rent 1
Get notified when new homes are being added to The Clifford Chiang Mai
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Frequently Asked Questions

The common area maintenance fee is ฿2 per square meter based on the plot size of the property and is ฿496 for this house. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Maejo University is the nearest University from The Clifford Chiang Mai and it is 3.8 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 Clifford Chiang Mai 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

4.9 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Beautiful village, nice atmosphere
Apinan J., Thailand, 4 years ago
Beautiful village with a European design. The atmosphere around is quiet and private. There is a garden and a playground. Each house is built with a spacious area, not feel cramped. Lovely neighbors. The project is located on the main road, easy to travel anywhere.
The ambiance is tranquil and shady
Pithak A., Thailand, 4 years ago
My family and I moved to this village. In general, the ambiance is tranquil and shady. My house has 3 bedrooms with spacious living areas and is stylish. There is also a smart home system to control the lights on and off, which is very convenient for me. Notably, the neighbors are lovely, and it is regarded as a humble society because it recognizes the importance of activity in which the residents can participate. Since we moved here, I've had the opportunity to participate in village activities held at the BBQ area, which I believe is beneficial for newcomers to get to know one another. Oh! Although the shopping malls, shops, and restaurants are not far from here, there are Makro and Tesco Lotus to go shopping for daily necessities. On the other hand, it takes about 20 minutes to get to the Central Festival.
Chiang Mai
Mueang Kaeo

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Clifford Chiang Mai

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
Nong Han, Mae Rim, Chiang Mai
Number of units
357
Sales Prices
฿3.4M
▲ 29.7% overpriced
Monthly Rentals
N/A
Year Built
Dec 2023
Completion Status
Completed
Location
Mueang Kaeo, Mae Rim, Chiang Mai
Number of units
32
Sales Prices
฿2.79M - ฿2.89M
Monthly Rentals
N/A
Year Built
Sep 2023
Completion Status
Completed
Project Name
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Location
Nong Han, Mae Rim, Chiang Mai
Number of units
294
Sales Prices
฿3.3M
▼ -2.3% underpriced
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
Mae Sa, Mae Rim, Chiang Mai
Number of units
110
Sales Prices
฿3.1M - ฿3.5M
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Monthly Rentals
฿25K
Year Built
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Completion Status
Completed
Location
Mae Sa, Mae Rim, Chiang Mai
Number of units
139
Sales Prices
฿2.15M - ฿80M
▼ -46% underpriced
Monthly Rentals
฿15K - ฿150K
Year Built
Feb 2006
Completion Status
Completed
Location
Rim Tai, Mae Rim, Chiang Mai
Number of units
N/A
Sales Prices
฿8.9M
Monthly Rentals
฿60K
Year Built
N/A
Completion Status
Completed
Location
Nong Han, Mae Rim, Chiang Mai
Number of units
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Sales Prices
฿3.9M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Malada Maerim
Location
Mae Sa, Mae Rim, Chiang Mai
Number of units
81
Sales Prices
฿4.2M - ฿11M
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Monthly Rentals
฿30K - ฿35K
Year Built
Dec 2019
Completion Status
Completed
Project Name
Impress
Location
Rim Tai, Mae Rim, Chiang Mai
Number of units
40
Sales Prices
฿4.6M - ฿25M
▼ -50% underpriced
Monthly Rentals
฿23K
Year Built
Aug 2017
Completion Status
Completed
Location
Nong Han, Mae Rim, Chiang Mai
Number of units
600
Sales Prices
฿1.99M - ฿5.75M
▼ -4% underpriced
Monthly Rentals
N/A
Year Built
Oct 2015
Completion Status
Completed
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