Unit ID: U1044792
Pa Phai, San Sai,Chiang Mai
฿2,490,000 Great Price
3 Bedrooms
3
Bathrooms
136 SqM
Indoor Area
2
Storeys
6 Months
Made To Order

About This House

This property is a 136 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Nittahome Maejo project in Pa Phai, Chiang Mai and will be built within 6 months of purchase. You can buy this house for a base price of ฿2,490,000 (฿18,309/SqM).

Features

Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Nov 25, 2021
Updated N/A
Property Type House
Storeys 2
Location Pa Phai, Chiang Mai
Bedrooms 3
Nearest Landmark Central Chiangmai -8.8 Km
Indoor Area 136 SqM
Price per SqM ฿18,309
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 200 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, 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 Made To Order (6 Months)
Furniture
Unfurnished
View(s) Garden View
Unit Type 3BR
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.
N/A
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1044792

Price Analysis

Great Price
Estimated market value ฿3,598,876
Great
฿2,630,000
Good
Fair
Above
฿4,470,000
Current asking Price: ฿2,490,000
This house is ฿1,108,876 BELOW MARKET (-31%) 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿2,490,000

Project Details

Project Name: Nittahome Maejo
Developer: Nittahome
Construction: Made To Order (6 Months)
Units: 4
Project Area: 800 SqM
Nearest Landmark Central Chiangmai - 8.8 Km
Location: Pa Phai, Chiang Mai
Nittahome Maejo Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Nittahome Maejo

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
100%

Frequently Asked Questions

All kind of pets are allowed at Nittahome Maejo including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Central Chiangmai is the nearest Shopping Mall from Nittahome Maejo and it is 8.8 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

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

After you have found the right property at Nittahome Maejo you have to follow these steps:

 

  • - Unit selection and agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - 1st Contract Payment
  • - Payment Installments
  • - Snag List
  • - Transfer

Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
100%

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
Pa Phai

Neighborhood Overview

Location and Neighborhood

Street View

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