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    3 Bedroom House for sale at The Greenery Villa (Maejo)
    Nong Chom, San Sai,Chiang Mai
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    Sale Price
    ฿4,900,000
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    3 Bedroom House for sale at The Greenery Villa (Maejo)
    (1 Review)
    Unit ID: U1093072
    5% Rental Yield
    Tenant-Occupied until Oct 31, 2025
    Nong Chom, San Sai,Chiang Mai
    ฿4,900,000
    3 Bedrooms
    3
    Bathrooms
    224 SqM
    Indoor Area
    2
    Storeys
    Jan 2014
    Completed
    22
    Sale Price
    ฿4,900,000

    About This House

    This property is a 224 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Nong Chom, Chiang Mai and was completed in Jan 2014. You can buy this house for a base price of ฿4,900,000 (฿21,875/SqM) and it is also available for long term rentals starting from ฿20,000 per month.

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed May 17, 2022
    Updated 2 months ago
    Property Type House (Single Detached)
    Storeys 2
    Location Nong Chom, Chiang Mai
    Bedrooms 3
    Nearest Landmark Lanna Golf Course -4.7 Km
    Indoor Area 224 SqM
    Price per SqM ฿21,875
    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 224 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 (Jan 2014)
    Furniture
    Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
    Negotiable
    View(s) Garden View, Unblocked Open 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 U1093072

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿4,900,000
    Rent
    ฿20,000/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.
    20
    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.
    5%

    Project Details

    Project Name: The Greenery Villa (Maejo)
    Developer: LWS Real Estate
    Construction: Completed (Jan 2014)
    Units: 257
    Project Area: 48,000 SqM
    Nearest Landmark Lanna Golf Course - 4.7 Km
    Location: Nong Chom, Chiang Mai
    The Greenery Villa (Maejo) Project Details

    Project Features

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

    Available Units at The Greenery Villa (Maejo)

    For Sale 8 For Rent 5
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to The Greenery Villa (Maejo)
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    Frequently Asked Questions

    All kind of pets are allowed at The Greenery Villa (Maejo) including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Lanna Golf Course is the nearest Golf from The Greenery Villa (Maejo) and it is 4.7 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 Greenery Villa (Maejo) 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

    3.8 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Very peaceful and shady house
    Khun Tanon, Thailand, 4 years ago
    I've been living on this project for almost five years. The atmosphere is pleasant, shady, and peaceful. The neighbors are lovely. Unfortunately, the road in the project is pretty narrow, so some of the neighbors have to park their cars in front of their house. It is difficult to drive some days because I want to avoid an accident. However, the project is in a fantastic location, near a local community, shops, and many delicious restaurants. It is easy to get in and out of the city, and it takes just 10 minutes to get to Tesco Lotus. Very convenient!
    Chiang Mai
    Nong Chom

    Neighborhood Overview

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