Unit ID: U1156974
7% Rental Yield
San Pu Loei, Doi Saket,Chiang Mai
Sold
3 Bedrooms
3
Bathrooms
180 SqM
Indoor Area
2
Storeys
Feb 2013
Completed

About This House

This property is a 180 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Ornsirin 3 project in San Pu Loei, Chiang Mai and was completed in Feb 2013. You can buy this house for a base price of ฿3,990,000 (฿22,167/SqM).

Features

TerraceTerrace Covered ParkingCovered Parking Fully RenovatedFully Renovated

Basic Information

Date Listed Nov 1, 2022
Updated 1 year ago
Property Type House
Storeys 2
Location San Pu Loei, Chiang Mai
Bedrooms 3
Nearest Landmark Promenada Chiang Mai -3.7 Km
Indoor Area 180 SqM
Price per SqM ฿22,167
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
240 SqM
Plot Size N/A
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 N/A
Construction Completed (Feb 2013)
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) City View
Unit Type N/A
Parking Spots N/A
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
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1156974

Investment Opportunity: Charges & Yield

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.
14
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 Ornsirin 3, and the current sales price.
7%

Project Details

Project Name: Ornsirin 3
Developer: N/A
Construction: Completed (Feb 2013)
Units: 309
Project Area: 178,228 SqM
Nearest Landmark Promenada Chiang Mai - 3.7 Km
Location: San Pu Loei, Chiang Mai
Ornsirin 3 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
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Available Units at Ornsirin 3

For Sale 4 For Rent 2
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Frequently Asked Questions

All kind of pets are allowed at Ornsirin 3 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Promenada Chiang Mai is the nearest Shopping Mall from Ornsirin 3 and it is 3.7 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 Ornsirin 3 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

3.9 out of 5
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A house that is more than a house
Martini Sriprasert, Italy, 5 years ago
A good project and a place to stay that every time you come back to feel at home. My Thai husband and I often go to Bangkok and Chiang Mai because my husband's family is in Chiang Mai. My husband and I decided to buy a 3 bedroom house in Chiang Mai as a vacation home. The village surrounding is surrounded by beautiful trees and along the path is a park and a lake of the project. The project atmosphere is potential, and this place doesn't just have a good atmosphere, but the facilities within the village are also fully equipped, such as a fitness center, a swimming pool, and a clubhouse. Besides this, the village is also complete with a quiet location, good neighbors, and strict security. I'm not disappointed that I bought a house here.
It's 20 minutes from Chiang Mai City
Saipan Suthajit, Thailand, 5 years ago
It is a 2-story spacious house project, 2 car parking spaces available. The first time I moved in, there is a beautiful garden decoration. There is a well-maintained common area, including a large swimming pool and communal gym (jogging tracks and spin bikes). Besides, there is a vast reservoir and park to jogging and running in the evening. In general, I was impressed, but it is far from the city. It will be inconvenient for those who are working in the city. It's 20 minutes from Chiang Mai City.
It's such a place that gives me a clear definition of 'home.'
Naruchon Gong, Thailand, 6 years ago
It's such a place that gives me a clear definition of 'home.' I love everything here because it is very spacious with simple decoration. There is no furniture package provided, but that's good because I want to decorate by myself. The garden has a pavilion, a favorite spot for everyone in my house. The communal pool is clean, and the guards work well. The project is about 13 kilometers away from the project, but it's not a big deal because I don't need to get there every day.
Single house project in a good atmosphere
Synthia Mallen, Norway, 6 years ago
I bought a house in this project for 3 years now. The house here is very wide. It is a two-story detached house with 3 bedrooms and 3 bathrooms. The construction and systems meet standards. The parking can accommodate 2-3 cars. The project's facilities are also available, such as a swimming pool, a clubhouse, a gym, and a garden. You don't have to worry about cleanliness because the staff takes good care of it. It also has CCTV cameras and security systems for 24 hours. Traveling by car is the most convenient way. There are many shops and restaurants around the project, don't worry.
Chiang Mai
San Pu Loei

Neighborhood Overview

Location and Neighborhood

Street View

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