Unit ID: U1383812
5% Rental Yield
Tenant-Occupied until Jun 1, 2024
Pa Bong, Saraphi,Chiang Mai
฿7,200,000
3 Bedrooms
3
Bathrooms
250 SqM
Indoor Area
Jan 2014
Completed

About This House

This property is a 250 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Lanna Heritage project in Pa Bong, Chiang Mai and was completed in Jan 2014. You can buy this house for a base price of ฿7,200,000 (฿28,800/SqM) and it is also available for long term rentals starting from ฿27,000 per month.

Lanna Heritage is a condominium located in the Chang Phuak neighborhood of Chiang Mai. The building offers a mix of one and two-bedroom units, each with a private balcony. The facilities include a swimming pool, fitness center, and 24-hour security. The location is convenient for accessing the city center and nearby attractions such as Doi Suthep and Chiang Mai University.

Features

Private GardenPrivate Garden TerraceTerrace BalconyBalcony BathtubBathtub TVTV

Basic Information

Date Listed Mar 13, 2023
Updated 7 months ago
Property Type House (Single Detached)
Storeys N/A
Location Pa Bong, Chiang Mai
Bedrooms 3
Nearest Landmark Promenada Chiang Mai -2.9 Km
Indoor Area 250 SqM
Price per SqM ฿28,800
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 500 SqM
Pets Cats and Dogs (small only)
House Ownership

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

N/A
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 (Jan 2014)
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 1
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
Each listing provided by partnered agents is individually verified by SamuiTimes. Partner Agents work for different brokerages or property management companies but have teamed up with SamuiTimes so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1383812

Investment Opportunity: Charges & Yield

Sale Price
฿7,200,000
Rent
฿27,000/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.
22
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
5%

Project Details

Project Name: Lanna Heritage
Developer: Lanna Ville
Construction: Completed (Jan 2014)
Units: 115
Project Area: N/A
Nearest Landmark Promenada Chiang Mai - 2.9 Km
Location: Pa Bong, Chiang Mai
Lanna Heritage 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

Available Units at Lanna Heritage

For Sale 3 For Rent 1
Get notified when new homes are being added to Lanna Heritage
View All (3)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Lanna Heritage including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Promenada Chiang Mai is the nearest Shopping Mall from Lanna Heritage 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 Lanna Heritage 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

Do you own a property at Lanna Heritage ?

Find out how much your property is worth and start your listing for free.

Reviews

Know this project? Be the first to review
+ Write a review
Chiang Mai
Pa Bong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lanna Heritage

Location
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
Project Name
Sirin Home 3
Location
San Klang, Saraphi, Chiang Mai
Number of units
119
Sales Prices
฿3.8M
Monthly Rentals
N/A
Year Built
Jun 2010
Completion Status
Completed
Project Name
Siriporn Don Jan
Location
Ton Pao, Saraphi, Chiang Mai
Number of units
98
Sales Prices
฿6.49M - ฿8.97M
Monthly Rentals
N/A
Year Built
Feb 2014
Completion Status
Completed
Project Name
Baan Na Cheun
Location
San Klang, Saraphi, Chiang Mai
Number of units
84
Sales Prices
฿3.59M
▲ 11.5% overpriced
Monthly Rentals
฿30K
Year Built
Dec 2014
Completion Status
Completed
Project Name
Moo Baan Rinrada
Location
Pa Bong, Saraphi, Chiang Mai
Number of units
80
Sales Prices
฿7.99M
▲ 4% overpriced
Monthly Rentals
฿35K
Year Built
Aug 2008
Completion Status
Completed
Location
Ton Pao, Saraphi, Chiang Mai
Number of units
262
Sales Prices
฿3.99M - ฿7.49M
▲ 26% overpriced
Monthly Rentals
฿30K - ฿37K
Year Built
Dec 2008
Completion Status
Completed
Location
Pa Bong, Saraphi, Chiang Mai
Number of units
N/A
Sales Prices
฿2.19M - ฿3.59M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Chai Sathan, Saraphi, Chiang Mai
Number of units
323
Sales Prices
฿5.49M - ฿7.19M
Monthly Rentals
฿20K - ฿25K
Year Built
Dec 2017
Completion Status
Completed
Location
Pa Bong, Saraphi, Chiang Mai
Number of units
90
Sales Prices
฿3.85M - ฿8.49M
▼ -20% underpriced
Monthly Rentals
฿25K
Year Built
May 2003
Completion Status
Completed
Location
Ton Pao, Saraphi, Chiang Mai
Number of units
169
Sales Prices
฿5.39M
Monthly Rentals
N/A
Year Built
Feb 2015
Completion Status
Completed
Location
Ton Pao, Saraphi, Chiang Mai
Number of units
151
Sales Prices
฿3.05M - ฿3.79M
▲ 17.5% overpriced
Monthly Rentals
฿25K
Year Built
Feb 2015
Completion Status
Completed
Back to top
  • Fazwaz Group Sites www.fazwaz.cn www.fazwaz.ru www.fazwaz.fr www.fazwaz.de www.fazwaz.es