Unit ID: U1112678
Chang Phueak, Mueang Chiang Mai,Chiang Mai
฿5,500,000
4 Bedrooms
4
Bathrooms
317 SqM
Indoor Area
3
Storeys
Nov 2016
Completed

About This Townhouse

This property is a 317 SqM townhouse with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Chang Phueak, Chiang Mai and was completed in Nov 2016. You can buy this townhouse for a base price of ฿5,500,000 (฿17,350/SqM).

Features

Covered ParkingCovered Parking

Basic Information

Date Listed Mar 20, 2023
Updated 4 months ago
Property Type Townhouse
Storeys 3
Location Chang Phueak, Chiang Mai
Bedrooms 4
Nearest Landmark N/A
Indoor Area 317 SqM
Price per SqM ฿17,350
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
76 SqM
Plot Size N/A
Pets N/A
Townhouse Ownership

Foreign nationals can own the building (townhouse) in their own name, but not the land that it stands on.

Thai Ownership, Foreign 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.

N/A
Land Title Deed N/A
Construction Completed (Nov 2016)
Furniture
Unfurnished
View(s) City View
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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1112678

Investment Opportunity: Charges & Yield

Sale Price
฿5,500,000

Project Details

Project Name: Promt Business Home
Developer: N/A
Construction: Completed (Nov 2016)
Units: 43
Project Area: N/A
Nearest Landmark N/A
Location: Chang Phueak, Chiang Mai
Promt Business Home Project Details

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Frequently Asked Questions

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 Promt Business Home 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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Chiang Mai
Chang Phueak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Promt Business Home

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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
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
78
Sales Prices
฿1.35M - ฿2.8M
▼ -46% underpriced
Monthly Rentals
฿10K - ฿13K
Year Built
Oct 2015
Completion Status
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Project Name
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Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
72
Sales Prices
฿2.62M - ฿2.97M
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Year Built
Nov 2024
Completion Status
Off Plan
Project Name
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Location
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Number of units
78
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฿1.99M - ฿3.25M
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Year Built
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Completion Status
Completed
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Number of units
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Sales Prices
฿3M
Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Number of units
8
Sales Prices
฿15.5M - ฿26.9M
▼ -7.2% underpriced
Monthly Rentals
N/A
Year Built
Nov 2019
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
57
Sales Prices
฿2.51M
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
57
Sales Prices
฿2.4M
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
฿2.79M - ฿7.9M
▼ -36% underpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
248
Sales Prices
฿1.55M - ฿1.69M
▼ -47% underpriced
Monthly Rentals
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Year Built
Jan 2013
Completion Status
Completed
Project Name
The 8 Condominium
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
61
Sales Prices
฿3.86M - ฿5.5M
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Monthly Rentals
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Year Built
Jul 2018
Completion Status
Completed
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