Unit ID: U1908269
5% Rental Yield
Tenant-Occupied until Jun 30, 2025
Chang Khlan, Mueang Chiang Mai,Chiang Mai
฿3,950,000
3 Bedrooms
2
Bathrooms
120 SqM
Indoor Area
2
Storeys
Completed

About This Townhouse

This property is a 120 SqM townhouse with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Chang Khlan, Chiang Mai. You can buy this townhouse for a base price of ฿3,950,000 (฿32,917/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Aug 8, 2024
Updated 3 months ago
Property Type Townhouse
Storeys 2
Location Chang Khlan, Chiang Mai
Bedrooms 3
Nearest Landmark Centralplaza Chiangmai Airport -1.6 Km
Indoor Area 120 SqM
Price per SqM ฿32,917
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 380 SqM
Pets Not Allowed
Townhouse Ownership

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

Foreign Ownership, 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
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 U1908269

Investment Opportunity: Charges & Yield

Sale Price
฿3,950,000
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 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 townhouses at Karnkanok 19, and the current sales price.
5%

Project Details

Project Name: Karnkanok 19
Construction: Completed (Dec 2016)
Units: 285
Project Area: N/A
Nearest Landmark Centralplaza Chiangmai Airport - 1.6 Km
Location: Chang Khlan, Chiang Mai
Karnkanok 19 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
Sauna Sauna

Available Units at Karnkanok 19

For Sale 2 For Rent 9
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Frequently Asked Questions

All kind of pets are allowed at Karnkanok 19 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Centralplaza Chiangmai Airport is the nearest Shopping Mall from Karnkanok 19 and it is 1.6 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 Karnkanok 19 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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
I made the right decision.
Wanchai T., Thailand, 8 years ago
I moved into the townhouse of this project for a year now. I made the right decision in purchasing this 3 bedroom townhome throughout my stay here because I've never encountered any problems since I've been here. Importantly, the location is near The Far Eastern University, Robinson Department Store, and Rajavej Chiang Mai Hospital, making my daily life easier and more comfortable. Besides being a good location, it provides a complete range of facilities in the common area, such as the swimming pool, gym, and sauna, which ideally meet my living needs.
Chiang Mai
Chang Khlan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Karnkanok 19

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
Project Name
One Plus 19
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
฿1.4M - ฿2.78M
▲ 2% overpriced
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Jan 2014
Completion Status
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Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
฿9.97M - ฿29.9M
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Year Built
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Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
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฿1.49M - ฿2.78M
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Completion Status
Completed
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฿12M - ฿17.8M
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Year Built
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Completed
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Number of units
76
Sales Prices
฿1.44M - ฿2.09M
Monthly Rentals
฿7.97K - ฿11K
Year Built
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Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
79
Sales Prices
฿1.84M - ฿2.69M
Monthly Rentals
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Completion Status
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Galae Thong Tower
Location
Pa Daet, Mueang Chiang Mai, Chiang Mai
Number of units
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Monthly Rentals
฿6.48K - ฿24.9K
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Completion Status
Completed
Location
Pa Daet, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
฿30M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Mahidol Condo
Location
Pa Daet, Mueang Chiang Mai, Chiang Mai
Number of units
136
Sales Prices
฿1.59M - ฿3.29M
Monthly Rentals
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Year Built
Jan 2022
Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
108
Sales Prices
฿2.68M - ฿26.6M
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Monthly Rentals
฿14.9K - ฿34.9K
Year Built
Aug 2014
Completion Status
Completed
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