Unit ID: U1967245
12% Rental Yield
Pa Bong, Saraphi,Chiang Mai
฿4,700,000
4 Bedrooms
3
Bathrooms
196 SqM
Indoor Area
2
Storeys
Completed

About This House

This property is a 196 SqM house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Pa Bong, Chiang Mai. You can buy this house for a base price of ฿4,700,000 (฿23,980/SqM).

Basic Information

Date Listed Nov 11, 2024
Updated 3 days ago
Property Type House
Storeys 2
Location Pa Bong, Chiang Mai
Bedrooms 4
Nearest Landmark Promenada Chiang Mai -2.9 Km
Indoor Area 196 SqM
Price per SqM ฿23,980
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 308 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.

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
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) N/A
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 U1967245

Investment Opportunity: Charges & Yield

Sale Price
฿4,700,000
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.
8
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 4 bedroom houses at Lanna Heritage , and the current sales price.
12%

Project Details

Project Name: Lanna Heritage
Developer: Lanna Ville
Construction: Completed (Jan 2014)
Units: 115
Project Area: N/A
Nearest Landmark Promenada Chiang Mai - 2.9 Km
Location: Pa Bong, Chiang Mai
Lanna Heritage 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

Available Units at Lanna Heritage

For Sale 3 For Rent 3
Get notified when new homes are being added to Lanna Heritage
View All (3)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Lanna Heritage including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Promenada Chiang Mai is the nearest Shopping Mall from Lanna Heritage 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 Lanna Heritage 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

Know this project? Be the first to review
+ Write a review
Chiang Mai
Pa Bong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lanna Heritage

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
Sirin Home 3
Location
San Klang, Saraphi, Chiang Mai
Number of units
119
Sales Prices
฿3.3M - ฿3.8M
Monthly Rentals
N/A
Year Built
Jun 2010
Completion Status
Completed
Project Name
City Home Place 2
Location
Pa Bong, Saraphi, Chiang Mai
Number of units
N/A
Sales Prices
฿12.9M
Monthly Rentals
N/A
Year Built
Jun 2024
Completion Status
Completed
Project Name
Siriporn Don Jan
Location
Ton Pao, Saraphi, Chiang Mai
Number of units
98
Sales Prices
฿6.9M - ฿9.59M
Monthly Rentals
฿22K - ฿110K
Year Built
Feb 2014
Completion Status
Completed
Project Name
Baan Na Cheun
Location
San Klang, Saraphi, Chiang Mai
Number of units
84
Sales Prices
฿3.59M
▲ 11.5% overpriced
Monthly Rentals
฿25K
Year Built
Dec 2014
Completion Status
Completed
Location
Ton Pao, Saraphi, Chiang Mai
Number of units
153
Sales Prices
฿4.5M
Monthly Rentals
N/A
Year Built
Aug 2022
Completion Status
Completed
Project Name
City Home Place 3
Location
Ton Pao, Saraphi, Chiang Mai
Number of units
163
Sales Prices
฿3M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Chiang Mai View 1
Location
Ton Pao, Saraphi, Chiang Mai
Number of units
N/A
Sales Prices
฿7.72M
Monthly Rentals
N/A
Year Built
Oct 2022
Completion Status
Completed
Project Name
Moo Baan Rinrada
Location
Pa Bong, Saraphi, Chiang Mai
Number of units
80
Sales Prices
฿8M
▲ 4% overpriced
Monthly Rentals
฿22K - ฿35K
Year Built
Aug 2008
Completion Status
Completed
Location
Ton Pao, Saraphi, Chiang Mai
Number of units
262
Sales Prices
฿3.99M - ฿6M
▲ 23% overpriced
Monthly Rentals
฿30K
Year Built
Dec 2008
Completion Status
Completed
Project Name
Baan Narasiri
Location
Ton Pao, Saraphi, Chiang Mai
Number of units
70
Sales Prices
฿4.59M
Monthly Rentals
N/A
Year Built
Dec 2013
Completion Status
Completed
Back to top
  • Fazwaz Group Sites www.fazwaz.cn www.fazwaz.ru www.fazwaz.fr www.fazwaz.de www.fazwaz.es