Unit ID: U1227958
11% Rental Yield
San Klang, San Kamphaeng,Chiang Mai
฿3,590,000 ฿3,615,000
3 Bedrooms
3
Bathrooms
157 SqM
Indoor Area
2
Storeys
Dec 2014
Completed

About This House

This property is a 157 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Baan Na Cheun project in San Klang, Chiang Mai and was completed in Dec 2014. You can buy this house for a base price of ฿3,590,000 (฿22,866/SqM).

Features

Wet BarWet Bar Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Dec 19, 2022
Updated 1 year ago
Property Type House (Single Detached)
Storeys 2
Location San Klang, Chiang Mai
Bedrooms 3
Nearest Landmark Charoen Charoen fresh market -0.6 Km
Indoor Area 157 SqM
Price per SqM ฿22,866
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 205.20 SqM
Pets Cats and Dogs (all sizes)
House Ownership

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

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 (Dec 2014)
Furniture
Unfurnished
View(s) Garden View
Unit Type Chuen Warin
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.
฿616/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1227958

Investment Opportunity: Charges & Yield

Sale Price
฿3,590,000
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.
฿616/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.
9
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 Baan Na Cheun, and the current sales price.
11%

Project Details

Project Name: Baan Na Cheun
Construction: Completed (Dec 2014)
Units: 84
Project Area: 27,508 SqM
Nearest Landmark Charoen Charoen fresh market - 0.6 Km
Location: San Klang, Chiang Mai
Baan Na Cheun Project Details

Project Features

24H Security 24H Security
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Popular Facilities at Baan Na Cheun

  • Communal Garden Area
    1st Floor

Available Units at Baan Na Cheun

For Sale 3 For Rent 1
Get notified when new homes are being added to Baan Na Cheun
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Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿999
1st Installment
Upon contract signing
฿90,000
2nd Installment
On handover
100%

Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Baan Na Cheun.
The common area maintenance fee is ฿3 per square meter based on the plot size of the property and is ฿616 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 Baan Na Cheun and it is 0.6 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 Baan Na Cheun you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
Reservation Deposit
Immediately
฿999
1st Installment
Upon contract signing
฿90,000
2nd Installment
On handover
100%


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
San Klang

Neighborhood Overview

Location and Neighborhood

Street View

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