Unit ID: U1061086
3% Rental Yield
Tenant-Occupied until Feb 1, 2025
Nong Khwai, Hang Dong,Chiang Mai
฿6,000,000
3 Bedrooms
3
Bathrooms
208 SqM
Indoor Area
2
Storeys
Completed

About This House

This property is a 208 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Lanna Pinery Home project in Nong Khwai, Chiang Mai. You can buy this house for a base price of ฿6,000,000 (฿28,846/SqM) and it is also available for long term rentals starting from ฿17,000 per month.

Features

Private GardenPrivate Garden Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Feb 18, 2022
Updated 1 month ago
Property Type House (Single Detached)
Storeys 2
Location Nong Khwai, Chiang Mai
Bedrooms 3
Nearest Landmark Hang Dong District Municipal Food Market -3.3 Km
Indoor Area 208 SqM
Price per SqM ฿28,846
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
40 SqM
Plot Size 248 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.

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
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.
฿700/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1061086

Investment Opportunity: Charges & Yield

Sale Price
฿6,000,000
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.
฿700/mo
Rent
฿17,000/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.
29
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.
3%

Project Details

Project Name: Lanna Pinery Home
Construction: Completed (Dec 2008)
Units: 60
Project Area: 64,000 SqM
Nearest Landmark Hang Dong District Municipal Food Market - 3.3 Km
Location: Nong Khwai, Chiang Mai
Lanna Pinery Home 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
Tennis Court Tennis Court
Communal Garden Area Communal Garden Area

Available Units at Lanna Pinery Home

For Sale 8 For Rent 7
Get notified when new homes are being added to Lanna Pinery Home
View All (8)

Loan Calculator

Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Lanna Pinery Home.
Hang Dong District Municipal Food Market is the nearest Market from Lanna Pinery Home and it is 3.3 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 Pinery Home 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

4.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A house with excellent location and close to nature, very private!
Aphipat P, Thailand, 7 years ago
I love the house's here; it's very natural and convenient to travel everywhere as it's not far from the amenities. I bought a 3-bedroom with 3-bathroom because I have a big family. My wife's family always visits here for their vacation, so there is no need to rent a hotel. My kids also love it here because the road is wide with a shady park. They love riding bikes around the project to get some fresh air and relax. Also, there is a communal pool and a communal gym, where we always spend time relaxing and swimming regularly. It makes my family have activities to enjoy all the time.
Chiang Mai
Nong Khwai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lanna Pinery Home

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
Lanna Montra
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
60
Sales Prices
฿6.9M - ฿15M
▼ -3.5% underpriced
Monthly Rentals
฿32K - ฿35K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Home In Park
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
300
Sales Prices
฿4.9M - ฿14.9M
▼ -11% underpriced
Monthly Rentals
฿19.5K - ฿35K
Year Built
May 2008
Completion Status
Completed
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
62
Sales Prices
฿21M
Monthly Rentals
N/A
Year Built
Jan 1999
Completion Status
Completed
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
95
Sales Prices
฿3M
Monthly Rentals
N/A
Year Built
Feb 2015
Completion Status
Completed
Project Name
Moo Baan Sansaran
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
144
Sales Prices
฿5.5M - ฿8.2M
▼ -16% underpriced
Monthly Rentals
N/A
Year Built
Oct 2016
Completion Status
Completed
Project Name
Mod Chic
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
300
Sales Prices
฿7.65M
Monthly Rentals
฿33K
Year Built
N/A
Completion Status
Made To Order
Project Name
Grand Tropicana
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
84
Sales Prices
฿12.9M - ฿19.4M
▲ 35% overpriced
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Project Name
Baan View Doi
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
164
Sales Prices
฿3.49M
Monthly Rentals
N/A
Year Built
Mar 2016
Completion Status
Completed
Project Name
The Prive'
Location
Ban Waen, Hang Dong, Chiang Mai
Number of units
6
Sales Prices
฿6.96M - ฿9.02M
Monthly Rentals
N/A
Year Built
Jan 2023
Completion Status
Completed
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
6
Sales Prices
฿47M
Monthly Rentals
N/A
Year Built
Dec 2019
Completion Status
Completed
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