Unit ID: U1067538
6% Rental Yield
Ton Pao, San Kamphaeng,Chiang Mai
฿6,990,000
4 Bedrooms
4
Bathrooms
230 SqM
Indoor Area
Dec 2015
Completed

About This House

This property is a 230 SqM house with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Ton Pao, Chiang Mai and was completed in Dec 2015. You can buy this house for a base price of ฿6,990,000 (฿30,391/SqM).

"

A world of French elegant decor and colour awaits you here at The Esteem with this four-bedroom fully remodelled Show House like property now for sale. Don't miss out! Price: 7,299,000 Baht. Only 6,990,000 BAHT!

KEY DETAILS:

  • 230 sq.m of two storey living space set on a 90 sq.wah plot, garden set to the side of the building mainly laid to lawn with some planting
  • Ground floor accommodation is comprised of spacious living/dining room with dividing partition. Separate fully fitted shaker style kitchen with a second Thai style kitchen. Appliances include built-in oven, dishwasher ,(located in the Thai kitchen) microwave, ceramic hob, extractor and large three-door fridge freezer. study/bedroom four and ground floor bathroom.
  • Upstairs there is a second seating area for those quiet moments are just to sit and chat. Three further bedrooms and three en-suite bathrooms. The master bedroom boasts a large walk-in closet and double sliding doors to the balcony
  • The property comes fully furnished and air-conditioned
  • Covered parking for two cars

The Esteem project is located just past the junction of Highways 1317 and 121. For those with family, there are numerous international schools within a fifteen-minute drive along with major shopping malls.

To view or request more information, contact:

"

Basic Information

Date Listed Mar 9, 2022
Updated N/A
Property Type House
Storeys 0
Location Ton Pao, Chiang Mai
Bedrooms 4
Nearest Landmark Charoen Charoen fresh market -1.5 Km
Indoor Area 230 SqM
Price per SqM ฿30,391
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
230 SqM
Plot Size 90 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.

N/A
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.

N/A
Land Title Deed Chanote
Construction Completed (Dec 2015)
Furniture
N/A
View(s) N/A
Unit Type N/A
Parking Spots N/A
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.
฿1,350/mo
Listed By
Broker Network
Electricity Price N/A
Water Price N/A
Unit ID U1067538

Investment Opportunity: Charges & Yield

Sale Price
฿6,990,000
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.
฿1,350/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.
16
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 The Esteem, and the current sales price.
6%

Project Details

Project Name: The Esteem
Construction: Completed (Dec 2015)
Units: 108
Project Area: 96,000 SqM
Nearest Landmark Charoen Charoen fresh market - 1.5 Km
Location: Ton Pao, Chiang Mai
The Esteem Project Details

Project Features

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

Available Units at The Esteem

For Sale 9 For Rent 2
Get notified when new homes are being added to The Esteem
View All (9)

Loan Calculator

Payment Plan

For 3BR
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
฿30,000
2nd Installment
On handover
100%
For 4BR
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
฿30,000
2nd Installment
Down Payment
5%
3rd Installment
On handover
95%

Frequently Asked Questions

All kind of pets are allowed at The Esteem including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿15 per square meter based on the plot size of the property and is ฿1,350 for this house. 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.
Charoen Charoen fresh market is the nearest Market from The Esteem and it is 1.5 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 Esteem you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
For 3BR
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
฿30,000
2nd Installment
On handover
100%
For 4BR
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
฿30,000
2nd Installment
Down Payment
5%
3rd Installment
On handover
95%


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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
My ideal villa, which is very pleasant
Mongkon 888, Thailand, 6 years ago
I trust this project because its structures look strong with high security. Plus, the management team has been professional since I've lived here, and they are all helpful. I'm so impressed. The project is designed in a modern style with complete facilities provided, including the gym, swimming pool, and clubhouse, where I can enjoy all the services here. Overall, staying here is very satisfying, and traveling is also very convenient due to its proximity to tourist attractions and various places in San Kamphaeng.
Chiang Mai
Ton Pao

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Esteem

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
Sivalai Village 4
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
375
Sales Prices
฿3.01M - ฿12.1M
▼ -11% underpriced
Monthly Rentals
฿23.1K - ฿36.2K
Year Built
Dec 2009
Completion Status
Completed
Project Name
Serene Park
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
205
Sales Prices
฿2.11M - ฿4.31M
Monthly Rentals
฿11.1K - ฿15.1K
Year Built
Feb 2022
Completion Status
Completed
Project Name
Chiang Mai View 1
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
N/A
Sales Prices
฿7.77M
Monthly Rentals
N/A
Year Built
Oct 2022
Completion Status
Completed
Project Name
Baan Charin
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
70
Sales Prices
฿3.92M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
153
Sales Prices
฿4.52M - ฿7.74M
Monthly Rentals
N/A
Year Built
Aug 2022
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
262
Sales Prices
฿4.01M - ฿6.03M
▲ 23% overpriced
Monthly Rentals
฿30.2K
Year Built
Dec 2008
Completion Status
Completed
Project Name
Siriporn Don Jan
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
98
Sales Prices
฿6.94M - ฿9.64M
Monthly Rentals
฿22.1K - ฿111K
Year Built
Feb 2014
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
145
Sales Prices
฿2.08M - ฿2.97M
Monthly Rentals
฿9.55K - ฿50.3K
Year Built
N/A
Completion Status
Off Plan
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
363
Sales Prices
฿3.36M - ฿12.7M
Monthly Rentals
N/A
Year Built
Jul 2023
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
151
Sales Prices
฿3.22M - ฿3.77M
Monthly Rentals
฿17.1K - ฿30.2K
Year Built
Feb 2015
Completion Status
Completed
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