Unit ID: U1950540
7% Rental Yield
Nong Chom, San Sai,Chiang Mai
฿19,490,000
4 Bedrooms
6
Bathrooms
540 SqM
Indoor Area
2
Storeys
Jul 2019
Completed

About This House

This property is a 540 SqM house with 4 bedrooms and 6 bathrooms that is available for sale. It is part of the project in Nong Chom, Chiang Mai and was completed in Jul 2019. You can buy this house for a base price of ฿19,490,000 (฿36,093/SqM) and it is also available for long term rentals starting from ฿120,000 per month.

For Sale: Luxurious Zen House with a guest house

Detached house with a guest house, nestled by the river and surrounded by tall trees Location:
  • Near the Outer Ring Road and Chiang Mai-Rung Sok Road
  • 6 minutes to Rung Sok Mall
  • 9 minutes to Lotus Rung Sok
  • 15 minutes to Central Chiang Mai
  • 15 minutes to Lanna 3 Hospital
  • 17 minutes to Chiang Mai Chinese International School
  • 19 minutes to Bangkok Hospital Chiang Mai
  • 35 minutes to Chiang Mai Airport
House Details:
  • Land size 129.60 square wah
  • Living area approximately 540 square meters
  • 4 bedrooms
  • 6 bathrooms
  • 1 multipurpose room
  • 1 study room
  • 1 maid's room
  • Thai kitchen with dining area in the backyard
  • Food preparation area
  • Dining area
  • Living area on the 1st floor
  • Family area on the 2nd floor
  • Automatic gate
  • CCTV around the house in 4 points
  • Internet access points
  • Village security system
  • Saltwater swimming pool, 3 x 7 meters
  • Fully furnished with electrical appliances
  • Parking for 2 cars
Price:
  • 19.49 million baht
  • Transfer costs shared by both parties
Highlights of the house:
  • Peaceful atmosphere by the river
  • Full range of amenities
  • Large house suitable for big families
  • Private swimming pool
  • Convenient location near the city and amenities

Features

Private PoolPrivate Pool Garden AccessGarden Access Covered ParkingCovered Parking Fully RenovatedFully Renovated (2024)

Basic Information

Date Listed Oct 16, 2024
Updated 17 hours ago
Property Type House
Storeys 2
Location Nong Chom, Chiang Mai
Bedrooms 4
Nearest Landmark Lanna Golf Course -4.3 Km
Indoor Area 540 SqM
Price per SqM ฿36,093
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 518.40 SqM
Pets Cats and Dogs (small only)
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 Chanote
Construction Completed (Jul 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) Lake View, Park View
Unit Type N/A
Parking Spots 2
Pool Size 3x7
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.
฿1,000/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1950540

Investment Opportunity: Charges & Yield

Sale Price
฿19,490,000
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.
฿1,000/mo
Rent
฿120,000/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.
14
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.
7%

Project Details

Project Name: Lake View Park 2
Developer: N/A
Construction: Completed (May 2008)
Units: 50
Project Area: N/A
Nearest Landmark Lanna Golf Course - 4.3 Km
Location: Nong Chom, Chiang Mai
Lake View Park 2 Project Details

Project Features

Communal Pool Communal Pool
Clubhouse Clubhouse
24H Security 24H Security

Available Units at Lake View Park 2

For Sale 3 For Rent 1
Get notified when new homes are being added to Lake View Park 2
View All (3)

Loan Calculator

Frequently Asked Questions

Lanna Golf Course is the nearest Golf from Lake View Park 2 and it is 4.3 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 Lake View Park 2 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

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Nong Chom

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lake View Park 2

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Location
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San Phisuea, San Sai, Chiang Mai
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Number of units
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Location
Nong Chom, San Sai, Chiang Mai
Number of units
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Completion Status
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