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    4 Bedroom House for sale at The Prego green
    Ton Pao, San Kamphaeng,Chiang Mai
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    Sale Price
    ฿18,000,000
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    4 Bedroom House for sale at The Prego green
    (1 Review)
    Unit ID: U1168702
    4% Rental Yield
    Ton Pao, San Kamphaeng,Chiang Mai
    ฿18,000,000
    4 Bedrooms
    4
    Bathrooms
    192 SqM
    Indoor Area
    2
    Storeys
    Jun 2021
    Completed
    13
    Sale Price
    ฿18,000,000

    About This House

    This property is a 192 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 Jun 2021. You can buy this house for a base price of ฿18,000,000 (฿93,750/SqM).

    The Prego Project by Sivalai in Ton Pao, Chiang Mai. This property has design in simple luxury, elegance, and modern 4 bedroom 4 bathrooms. Convenient to voyage has only 12 minutes from Chiang Mai International Airport, Promenada Chiang Mai shopping mall and close to many tourist attractions such as San Kamphaeng Hot Spring, Umbrella Making Centre and MAIIAM Contemporary Art Museumm.

    Features

    TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed Nov 7, 2022
    Updated 2 years ago
    Property Type House (Single Detached)
    Storeys 2
    Location Ton Pao, Chiang Mai
    Bedrooms 4
    Nearest Landmark Charoen Charoen fresh market -2.3 Km
    Indoor Area 192 SqM
    Price per SqM ฿93,750
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    108 SqM
    Plot Size 300 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 (Jun 2021)
    Furniture
    Unfurnished
    View(s) City 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.
    ฿3,600/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1168702

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿18,000,000
    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.
    ฿3,600/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.
    23
    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 Prego green, and the current sales price.
    4%

    Project Details

    Project Name: The Prego green
    Developer: Royal Siam Property Co., Ltd.
    Construction: Completed (Jun 2021)
    Units: 300
    Project Area: 211,200 SqM
    Nearest Landmark Charoen Charoen fresh market - 2.3 Km
    Location: Ton Pao, Chiang Mai
    The Prego green 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 The Prego green

    • All
    • Fitness
    • Leisure
    5
    • Communal Garden Area
      1st Floor
    • Communal Pool
      1st Floor
    • Communal Gym
      1st Floor

    Available Units at The Prego green

    For Sale 10 For Rent 4
    • All
    • 3 Beds
    • 4 Beds
    • 6 Beds
    Get notified when new homes are being added to The Prego green
    View All (10)

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    Frequently Asked Questions

    All kind of pets are allowed at The Prego green including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is ฿12 per square meter based on the plot size of the property and is ฿3,600 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 Prego green and it is 2.3 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 The Prego green you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer
    Gold Type Ready to Move
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    ฿10,000
    1st Installment
    Upon contract signing
    ฿50,000
    2nd Installment
    On handover
    100%
    Diamond & Platinum Type Ready to Move
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    ฿20,000
    1st Installment
    Upon contract signing
    ฿100,000
    2nd Installment
    On handover
    100%
    Made to order
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    ฿30,000
    1st Installment
    Upon contract signing
    ฿200,000
    2nd Installment
    Down payment
    20%
    3rd Installment
    On handover
    80%


    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

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Beautiful house, very shady atmosphere
    Andy Zhao, China, 3 years ago
    It is a new house project, providing a shady atmosphere due to the abundance of trees. There is also a large common area with a park, a playground, a swimming pool, and a fitness room. Overall, it is peaceful, and there is a safe security system. For visitors, access and exit cards must be exchanged regularly. My house's decoration and design are standard. It is well-designed, there are four bedrooms that are a pretty good size. And the location is excellent since it has a small community mall with shops and restaurants in front of the project. Also, getting to the nearby places is in just a few minutes, excellent value!
    Chiang Mai
    Ton Pao

    Neighborhood Overview

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