Unit ID: U667568
5% Rental Yield
Nong Chom, San Sai,Chiang Mai
฿3,290,000 ฿3,500,000 Great Price
4 Bedrooms
4
Bathrooms
168 SqM
Indoor Area
2
Storeys
Jan 2014
Completed

About This House

This property is a 168 SqM house with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Nong Chom, Chiang Mai and was completed in Jan 2014. You can buy this house for a base price of ฿3,290,000 (฿19,583/SqM).

Features

Covered ParkingCovered Parking BalconyBalcony Fully RenovatedFully Renovated (2024)

Basic Information

Date Listed Mar 4, 2021
Updated 5 months ago
Property Type House (Single Detached)
Storeys 2
Location Nong Chom, Chiang Mai
Bedrooms 4
Nearest Landmark Lanna Golf Course -4.7 Km
Indoor Area 168 SqM
Price per SqM ฿19,583
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 208.40 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.

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 (Jan 2014)
Furniture
Unfurnished
View(s) Unblocked Open View
Unit Type N/A
Parking Spots 1
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.
฿6,000/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U667568

Investment Opportunity: Charges & Yield

Sale Price
฿3,290,000
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.
฿6,000/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 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 Greenery Villa (Maejo), and the current sales price.
5%

Project Details

Developer: LWS Real Estate
Construction: Completed (Jan 2014)
Units: 257
Project Area: 48,000 SqM
Nearest Landmark Lanna Golf Course - 4.7 Km
Location: Nong Chom, Chiang Mai
The Greenery Villa (Maejo) Project Details

Project Features

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

Available Units at The Greenery Villa (Maejo)

For Sale 8 For Rent 5
Get notified when new homes are being added to The Greenery Villa (Maejo)
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Frequently Asked Questions

All kind of pets are allowed at The Greenery Villa (Maejo) including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Lanna Golf Course is the nearest Golf from The Greenery Villa (Maejo) and it is 4.7 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 Greenery Villa (Maejo) 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

3.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Very peaceful and shady house
Khun Tanon, Thailand, 4 years ago
I've been living on this project for almost five years. The atmosphere is pleasant, shady, and peaceful. The neighbors are lovely. Unfortunately, the road in the project is pretty narrow, so some of the neighbors have to park their cars in front of their house. It is difficult to drive some days because I want to avoid an accident. However, the project is in a fantastic location, near a local community, shops, and many delicious restaurants. It is easy to get in and out of the city, and it takes just 10 minutes to get to Tesco Lotus. Very convenient!
Chiang Mai
Nong Chom

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Greenery Villa (Maejo)

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
Baan Morakod
Location
Nong Chom, San Sai, Chiang Mai
Number of units
51
Sales Prices
฿1.75M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
Lake View Park 2
Location
Nong Chom, San Sai, Chiang Mai
Number of units
50
Sales Prices
฿13.9M - ฿19.5M
▼ -9% underpriced
Monthly Rentals
N/A
Year Built
May 2008
Completion Status
Completed
Project Name
Cattleya Village
Location
Nong Chom, San Sai, Chiang Mai
Number of units
280
Sales Prices
฿1.84M - ฿4.19M
▼ -36% underpriced
Monthly Rentals
฿11K - ฿18K
Year Built
Dec 2017
Completion Status
Completed
Project Name
Setthasiri SanSai
Location
Nong Chom, San Sai, Chiang Mai
Number of units
160
Sales Prices
฿6.75M - ฿16.9M
Monthly Rentals
฿38K - ฿70K
Year Built
Feb 2016
Completion Status
Completed
Project Name
Ban Siriporn 2
Location
Nong Chom, San Sai, Chiang Mai
Number of units
46
Sales Prices
฿3.1M - ฿29M
Monthly Rentals
N/A
Year Built
Jan 2018
Completion Status
Completed
Project Name
Richy Rich Land
Location
Nong Chom, San Sai, Chiang Mai
Number of units
101
Sales Prices
฿6.5M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
San Phisuea, San Sai, Chiang Mai
Number of units
148
Sales Prices
฿950K
Monthly Rentals
N/A
Year Built
Oct 1996
Completion Status
Completed
Project Name
Chok Varee Home
Location
Nong Chom, San Sai, Chiang Mai
Number of units
70
Sales Prices
฿3.19M - ฿5.5M
Monthly Rentals
N/A
Year Built
Nov 2013
Completion Status
Completed
Location
San Phisuea, San Sai, Chiang Mai
Number of units
62
Sales Prices
฿3.85M
Monthly Rentals
฿29K - ฿32K
Year Built
Jan 2022
Completion Status
Completed
Location
Nong Chom, San Sai, Chiang Mai
Number of units
261
Sales Prices
฿3.2M
▼ -5% underpriced
Monthly Rentals
N/A
Year Built
May 2012
Completion Status
Completed
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