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    3 Bedroom House for sale at Karnkanok 19
    Chang Khlan, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    ฿3,605,000
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    3 Bedroom House for sale at Karnkanok 19
    (1 Review)
    Unit ID: U670256
    5% Rental Yield
    Chang Khlan, Mueang Chiang Mai,Chiang Mai
    ฿3,605,000 Great Price
    3 Bedrooms
    2
    Bathrooms
    120 SqM
    Indoor Area
    2
    Storeys
    Mar 2017
    Completed
    12
    Sale Price
    ฿3,605,000
    Great Price

    About This House

    This property is a 120 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Karnkanok 19 project in Chang Khlan, Chiang Mai and was completed in Mar 2017. You can buy this house for a base price of ฿3,605,000 (฿30,042/SqM).

    Features

    TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen Renovated KitchenRenovated Kitchen (2017) MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Mar 11, 2021
    Updated 3 years ago
    Property Type House (Single Detached)
    Storeys 2
    Location Chang Khlan, Chiang Mai
    Bedrooms 3
    Nearest Landmark Centralplaza Chiangmai Airport -1.6 Km
    Indoor Area 120 SqM
    Price per SqM ฿30,042
    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 92 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 (Mar 2017)
    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) River or Canal View, Mountain View, 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.
    ฿600/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U670256

    Price Analysis

    Great Price
    Estimated market value ฿4,625,888
    Great
    ฿3,900,000
    Good
    Fair
    Above
    ฿5,370,000
    Current asking Price: ฿3,605,000 | Rental estimate: ฿15,500/mo
    This house is ฿1,020,888 BELOW MARKET (-22%) 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
    ฿3,605,000
    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.
    ฿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.
    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 Karnkanok 19, and the current sales price.
    5%

    Project Details

    Project Name: Karnkanok 19
    Developer: Karnkanok Property Co., Ltd.
    Construction: Completed (Dec 2016)
    Units: 285
    Project Area: N/A
    Nearest Landmark Centralplaza Chiangmai Airport - 1.6 Km
    Location: Chang Khlan, Chiang Mai
    Karnkanok 19 Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Sauna Sauna

    Available Units at Karnkanok 19

    For Sale 3 For Rent 3
    • All
    • 3 Beds
    Get notified when new homes are being added to Karnkanok 19
    View All (3)

    Loan Calculator

    Frequently Asked Questions

    All kind of pets are allowed at Karnkanok 19 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Centralplaza Chiangmai Airport is the nearest Shopping Mall from Karnkanok 19 and it is 1.6 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 Karnkanok 19 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

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    I made the right decision.
    Wanchai T., Thailand, 7 years ago
    I moved into the townhouse of this project for a year now. I made the right decision in purchasing this 3 bedroom townhome throughout my stay here because I've never encountered any problems since I've been here. Importantly, the location is near The Far Eastern University, Robinson Department Store, and Rajavej Chiang Mai Hospital, making my daily life easier and more comfortable. Besides being a good location, it provides a complete range of facilities in the common area, such as the swimming pool, gym, and sauna, which ideally meet my living needs.
    Chiang Mai
    Chang Khlan

    Neighborhood Overview

    Location and Neighborhood

    Street View

    Projects Nearby Karnkanok 19

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    Chang Khlan, Mueang Chiang Mai, Chiang Mai
    Number of units
    78
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    Number of units
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    Location
    Pa Daet, Mueang Chiang Mai, Chiang Mai
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    ▲ 11.8% overpriced
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    Location
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    Number of units
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    ▲ 1% overpriced
    Monthly Rentals
    ฿11K - ฿15K
    Year Built
    Jun 2020
    Completion Status
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    Projects Nearby Karnkanok 19
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