Unit ID: U669622
Hang Dong, Hang Dong,Chiang Mai
฿4,700,000 Great Price
2 Bedrooms
2
Bathrooms
150 SqM
Indoor Area
1
Storeys
Jan 2015
Completed

About This Villa

This property is a 150 SqM villa with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Somwang Village project in Hang Dong, Chiang Mai and was completed in Jan 2015. You can buy this villa for a base price of ฿4,700,000 (฿31,333/SqM).

Nice private house with pool

Nice house with private pool in hangdong . This property features: – The land size of 616 square meters – 2 bedrooms, 2 bathrooms – Private Swimming Pool (5x8m plus heater) – Security camera (1 inside, 4 outside) – Furnished and equipped with furniture (including washing machine, dishwasher, etc.) – Western style kitchen – Fiber Optic internet ready -system of control by telephone of the air-conditioning, cameras …… Convenient location: 10 mins to Big C Hang Dong 15 mins to the airport 20-22 mins to city center and old-town moat Located in Somwang 2 Village Soi Mu Ban Khwan Wiang

Features

Private PoolPrivate Pool Private GardenPrivate Garden Covered ParkingCovered Parking Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave OvenOven

Basic Information

Date Listed Mar 11, 2021
Updated 3 years ago
Property Type Villa (Single Detached)
Storeys 1
Location Hang Dong, Chiang Mai
Bedrooms 2
Nearest Landmark Hang Dong District Municipal Food Market -0.8 Km
Indoor Area 150 SqM
Price per SqM ฿31,333
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 616 SqM
Pets All Kind of Pets Allowed
Villa Ownership

Foreign nationals can own the building (villa) 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 N/A
Construction Completed (Jan 2015)
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Garden 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.
฿1,000/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U669622

Price Analysis

Good Price
Estimated market value ฿4,870,258
Great
฿3,040,000
Good
Fair
Above
฿5,980,000
Current asking Price: ฿4,700,000
This villa is ฿170,258 BELOW MARKET (-3%) in the Chiang Mai area. It is analyzed against similar villas and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿4,700,000
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.
฿1,000/mo

Project Details

Project Name: Somwang Village
Developer: Somwang Group
Construction: Completed (Jan 2009)
Units: 88
Project Area: N/A
Nearest Landmark Hang Dong District Municipal Food Market - 0.8 Km
Location: Hang Dong, Chiang Mai
Somwang Village Project Details

Project Features

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

Available Units at Somwang Village

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Frequently Asked Questions

All kind of pets are allowed at Somwang Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Hang Dong District Municipal Food Market is the nearest Market from Somwang Village and it is 0.8 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 Somwang Village 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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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
It's a tranquil and livable project.
Martin F., United States, 6 years ago
My family and I have been living here for 6 months. It's a tranquil and livable project. Importantly, it's close to Hang Dong Hospital, where my mother has been treated for a while, less than a 5 minutes drive. The neighbors in the project are cute and helpful. The staff also takes good care of the common areas. The road is wide enough to easily park the car. The house that my family and I rented is a detached house with 2 bedrooms and 2 bathrooms. The interior is well decorated, although it looks a bit old and every piece of furniture works well. There are only a few complaints about the electricity that will fall during the night but not often.
Chiang Mai
Hang Dong

Neighborhood Overview

Location and Neighborhood

Street View

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