Unit ID: U657608
5% Rental Yield
Nong Chom, San Sai,Chiang Mai
฿10,684,289 Great Price
3 Bedrooms
4
Bathrooms
220 SqM
Indoor Area
3
Storeys
Mar 2018
Completed

About This House

This property is a 220 SqM house with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the Akaluck Sansai project in Nong Chom, Chiang Mai and was completed in Mar 2018. You can buy this house for a base price of ฿10,684,289 (฿48,565/SqM).

Luxurious Living, Refined Style: Unparalleled Akaluck Sansai Property

Boasting 220 SqM of luxurious living space, this property offers an unparalleled level of refinement and style. Located in the sought-after Akaluck Sansai project in Nong Chom, the property is a rare opportunity to purchase a space that has been designed and built with meticulous care and absolute precision. This extraordinary property comprises of three well-appointed bedrooms and four lavish bathrooms, showcasing modern, stylish touches throughout. The sophisticated interior is truly stunning, inviting you to move straight in and admire the sumptuous living areas, the sleek kitchen with modern appliances, and the serenity of the garden and terrace.A drive of less than 20 minutes takes you right into the heart of Chiang Mai city, where you can find numerous shops, restaurants and leisure activities. Meanwhile, the vicinity of the house is itself served by many amenities, ranging from supermarkets to schools and hospitals. This remarkable property is now available for purchase at a base price of ฿ 10,684,289 (฿ 48,565/SqM). With excellently positioned outdoor panoramas, top-notch facilities and a range of amenities right at your doorstep, this is a truly exceptional opportunity. Now is the time to seize the moment; don't miss out and contact us now to enquire further about this unique property.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony

Basic Information

Date Listed Jan 26, 2021
Updated N/A
Property Type House
Storeys 3
Location Nong Chom, Chiang Mai
Bedrooms 3
Nearest Landmark Central Chiangmai -2.9 Km
Indoor Area 220 SqM
Price per SqM ฿48,565
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 221.20 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.

Foreign Ownership, Thai Ownership, Company
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, Company
Land Title Deed N/A
Construction Completed (Mar 2018)
Furniture
Unfurnished
View(s) Garden View
Unit Type Pen Neung
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.
฿8,848/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U657608

Price Analysis

Great Price
Estimated market value ฿12,232,999
Great
฿11,000,000
Good
Fair
Above
฿12,800,000
Current asking Price: ฿10,684,289 | Rental estimate: ฿47,500/mo
This house is ฿1,548,710 BELOW MARKET (-13%) in the Chiang Mai area. It is analyzed against similar houses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿10,684,289
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.
฿8,848/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.
19
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 3 bedroom houses at Akaluck Sansai, and the current sales price.
5%

Project Details

Project Name: Akaluck Sansai
Construction: Completed (Mar 2018)
Units: 48
Project Area: 22,248 SqM
Nearest Landmark Central Chiangmai - 2.9 Km
Location: Nong Chom, Chiang Mai
Akaluck Sansai 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 Akaluck Sansai

  • Clubhouse
    Ground Floor

Available Units at Akaluck Sansai

For Sale 9 For Rent 1
Get notified when new homes are being added to Akaluck Sansai
View All (9)

Loan Calculator

Payment Plan

3 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
10%
2nd Installment
6-8 Months installments
20%
3rd Installment
On handover
70%
4 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
Upon contract signing
10%
2nd Installment
6-8 Months installments
20%
3rd Installment
On handover
70%

Frequently Asked Questions

All kind of pets are allowed at Akaluck Sansai including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿40 per square meter based on the plot size of the property and is ฿8,848 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.
Central Chiangmai is the nearest Shopping Mall from Akaluck Sansai and it is 2.9 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 Akaluck Sansai you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
3 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
10%
2nd Installment
6-8 Months installments
20%
3rd Installment
On handover
70%
4 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿150,000
1st Installment
Upon contract signing
10%
2nd Installment
6-8 Months installments
20%
3rd Installment
On handover
70%


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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Chiang Mai
Nong Chom

Neighborhood Overview

Location and Neighborhood

Street View

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