Unit ID: U1752462
5% Rental Yield
Tenant-Occupied until Jan 1, 2027
Nong Chom, San Sai,Chiang Mai
฿14,000,000
3 Bedrooms
4
Bathrooms
250 SqM
Indoor Area
3
Storeys
Mar 2019
Completed

About This Villa

This property is a 250 SqM villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Nong Chom, Chiang Mai and was completed in Mar 2019. You can buy this villa for a base price of ฿14,000,000 (฿56,000/SqM) and it is also available for long term rentals starting from ฿55,000 per month.

Features

TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Mar 6, 2024
Updated 6 months ago
Property Type Villa (Single Detached)
Storeys 3
Location Nong Chom, Chiang Mai
Bedrooms 3
Nearest Landmark Central Chiangmai -2.9 Km
Indoor Area 250 SqM
Price per SqM ฿56,000
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
208 SqM
Plot Size 208 SqM
Pets All Kind of Pets Allowed
Villa Ownership

Foreign nationals can own the building (villa) 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 Chanote
Construction Completed (Mar 2019)
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.
฿8,320/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1752462

Investment Opportunity: Charges & Yield

Sale Price
฿14,000,000
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.
฿8,320/mo
Rent
฿55,000/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.
21
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: Akaluck Sansai
Construction: Completed (Mar 2018)
Units: 48
Project Area: 22,248 SqM
Nearest Landmark Central Chiangmai - 2.9 Km
Location: Nong Chom, Chiang Mai
Akaluck Sansai Project Details

Project Features

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

Popular Facilities at Akaluck Sansai

  • Clubhouse
    Ground Floor

Available Units at Akaluck Sansai

For Sale 9 For Rent 2
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Frequently Asked Questions

All kind of pets are allowed at Akaluck Sansai including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿40 per square meter based on the plot size of the property and is ฿8,320 for this villa. 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.
Central Chiangmai is the nearest Shopping Mall from Akaluck Sansai and it is 2.9 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 Akaluck Sansai you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
3 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
10%
2nd Installment
6-8 Months installments
20%
3rd Installment
On handover
70%
4 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
Upon contract signing
10%
2nd Installment
6-8 Months installments
20%
3rd Installment
On handover
70%


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

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Chiang Mai
Nong Chom

Neighborhood Overview

Location and Neighborhood

Street View

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