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    2 Bedroom Townhouse for sale at Patan TownHome
    Pa Tan, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $114,000 $126,000
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    2 Bedroom Townhouse for sale at Patan TownHome
     (Write Review)
    Unit ID: U1361126
    12% Rental Yield
    Pa Tan, Mueang Chiang Mai,Chiang Mai
    $114,000 $126,000
    2 Bedrooms
    3
    Bathrooms
    1,550 Sqft
    Indoor Area
    3
    Storeys
    Dec 2020
    Completed
    28
    Sale Price
    $114,000
    $126,000

    About This Townhouse

    This property is a 1,550 Sqft townhouse with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Pa Tan, Chiang Mai and was completed in Dec 2020. You can buy this townhouse for a base price of $114,000 ($74/Sqft) and it is also available for long term rentals starting from $1,170 per month.

    Features

    TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed Dec 20, 2022
    Updated 4 months ago
    Property Type Townhouse
    Storeys 3
    Location Pa Tan, Chiang Mai
    Bedrooms 2
    Nearest Landmark Ruamchok Mall -2.8 Km
    Indoor Area 1,550 Sqft
    Price per Sqft $74
    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 1,076 Sqft
    Pets All Kind of Pets Allowed
    Townhouse Ownership

    Foreign nationals can own the building (townhouse) 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 (Dec 2020)
    Furniture
    Unfurnished
    View(s) Unblocked Open 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 U1361126

    Investment Opportunity: Charges & Yield

    Sale Price
    $114,000
    Rent
    $1,170/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.
    8
    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.
    12%

    Project Details

    Project Name: Patan TownHome
    Developer: N/A
    Construction: Completed (Dec 2015)
    Units: 8
    Project Area: N/A
    Nearest Landmark Ruamchok Mall - 2.8 Km
    Location: Pa Tan, Chiang Mai
    Patan TownHome Project Details

    Project Features

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

    Available Units at Patan TownHome

    For Sale 6 For Rent 6
    • All
    • 2 Beds
    Get notified when new homes are being added to Patan TownHome
    View All (6)

    Loan Calculator

    Frequently Asked Questions

    All kind of pets are allowed at Patan TownHome including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Ruamchok Mall is the nearest Shopping Mall from Patan TownHome and it is 2.8 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

    After you have found the right property at Patan TownHome 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

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    Chiang Mai
    Pa Tan

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