Unit ID: U223517
Ban Waen, Hang Dong,Chiang Mai
฿15,280,650 Great Price
4 Bedrooms
3
Bathrooms
244.77 SqM
Indoor Area
2
Storeys
Dec 2020
Completed

About This Villa

This property is a 244.77 SqM villa with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the Palm Springs Privato project in Ban Waen, Chiang Mai and was completed in Dec 2020. You can buy this villa for a base price of ฿15,280,650 (฿62,429/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Oct 31, 2019
Updated 3 years ago
Property Type Villa
Storeys 2
Location Ban Waen, Chiang Mai
Bedrooms 4
Nearest Landmark Hang Dong District Municipal Food Market -2.5 Km
Indoor Area 244.77 SqM
Price per SqM ฿62,429
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 236.80 SqM
Pets All Kind of Pets Allowed
Villa Ownership

Foreign nationals can own the building (villa) 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 Completed (Dec 2020)
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) Mountain View, Pool View, Garden View
Unit Type Prime
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.
฿13,024/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U223517

Price Analysis

Great Price
Estimated market value ฿25,603,310
Great
฿16,600,000
Good
Fair
Above
฿34,000,000
Current asking Price: ฿15,280,650
This villa is ฿10,322,660 BELOW MARKET (-40%) in the Chiang Mai area. It is analyzed against similar villas 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
฿15,280,650
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.
฿13,024/mo

Project Details

Project Name: Palm Springs Privato
Construction: Completed (Dec 2020)
Units: 39
Project Area: N/A
Nearest Landmark Hang Dong District Municipal Food Market - 2.5 Km
Location: Ban Waen, Chiang Mai
Palm Springs Privato Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Available Units at Palm Springs Privato

Get notified when new homes are being added to Palm Springs Privato
View All (6)

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
฿300,000
2nd Installment
On handover
98%

Frequently Asked Questions

All kind of pets are allowed at Palm Springs Privato including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿55 per square meter based on the plot size of the property and is ฿13,024 for this villa. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Hang Dong District Municipal Food Market is the nearest Market from Palm Springs Privato and it is 2.5 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 Palm Springs Privato you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
฿300,000
2nd Installment
On handover
98%


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

4.2 out of 5
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Beautiful house design, high-grade materials, but not very private
Henrik Lipman, Finland, 3 years ago
The building design is well-designed in a modern style. The interior is quite luxurious. The house I live in is a 2-story detached house with a total of 4 bedrooms and 3 bathrooms. There are also 2 car parking spaces available, which is sufficient. Anyway, I am not very impressed with the exterior design. The back of the house is separated by a wall of trees, which is not very private. You have to wait for the trees to be bigger than this. There is a private swimming pool and a small garden to relax in. The project is located on the main road and 10 kilometers far from Chiang Mai Town.
Interesting project
Jane T., Thailand, 3 years ago
I was looking for a house in Chiang Mai, and I found it here. I think it is an interesting project. The price is quite high compared to other projects in Chiang Mai, but I think it's worth it judging from its quality. There are three types of houses; four-bedroom and five-bedroom ones, so it is suitable for living as a family. The one we are interested in is a 4-bedroom type, which is enough for our family members. Moreover, every house has a private swimming pool, which is very special as the additional system helps us relax. Good job! The location here is not in the center of Chiang Mai. The good thing is that it's quiet and very private, but a slight disadvantage is that the commute may not be as comfortable as in the city, but it takes only 20 minutes to get there. For those who are making a decision must hurry because this project has only 39 houses!!
Very good accomodation
Wannapa C., Thailand, 3 years ago
I am very impressed with this project from having visited the sales gallery. I love the design here, it's unique, and the atmosphere around the project is private, peaceful, and secure with strict security. It is also convenient in terms of travel because it is not far from tourist attractions or the convenient sources where we can travel to use the service. Moreover, there are many complete project facilities, which made life convenient. Palm Springs Privato is a quality project in Hang Dong. All in one place.
Stylish house
Mina Choi, South Korea, 3 years ago
The location of the village is excellent, next to the main road and close to Kad Farang and Chiang Mai outlet mall. I really like the design of the house in the project. Super beautiful and modern, spacious interior area. Also, the house layout is functional and luxurious. The interior color's scheme is cream and white with marble materials. It comes with a small private pool behind the house. The project has a limited number of units at high prices. Our neighbors are lovely and make a great community. Unfortunately, the project's masterplan is a bit cramped, with not much space left for the common area.
Beautiful house, quality suitable for the price
Anuwat K., Thailand, 5 years ago
The houses in this project are very beautiful, and the materials and structures are of quality, suitable for the price. The house we bought is a 2-story detached house with 4 bedrooms and 3 bathrooms. The house interior looks very elegant and luxurious. It is neatly decorated, making the house look airy, comfortable, and very pleasant to live in. However, the house area is a bit small, and I cannot decorate the garden as I want. The advantage here is that it is quiet and not chaotic. It is also not far from the city, and you can easily use the main route into the city, only 20 minutes.
Beautiful house, quality suitable for the price
Anuwat K., Thailand, 5 years ago
The houses in this project are very beautiful, and the materials and structures are of quality, suitable for the price. The house we bought is a 2-story detached house with 4 bedrooms and 3 bathrooms. The house interior looks very elegant and luxurious. It is neatly decorated, making the house look airy, comfortable, and very pleasant to live in. However, the house area is a bit small, and I cannot decorate the garden as I want. The advantage here is that it is quiet and not chaotic. It is also not far from the city, and you can easily use the main route into the city, only 20 minutes.
Chiang Mai
Ban Waen

Neighborhood Overview

Location and Neighborhood

Street View

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