Unit ID: U1748558
6% Rental Yield
Tenant-Occupied until Feb 28, 2025
Tha Sala, Mueang Chiang Mai,Chiang Mai
$80,600
2 Bedrooms
3
Bathrooms
1,453 Sqft
Indoor Area
2
Storeys
Jan 2014
Completed

About This Townhouse

This property is a 1,453 Sqft townhouse with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Tha Sala, Chiang Mai and was completed in Jan 2014. You can buy this townhouse for a base price of $80,600 ($55/Sqft) and it is also available for long term rentals starting from $374 per month.

2 Bedrooms modern townhouse for rent. Great location and most convenient. The Urbana 3 Description: Amazing Townhouse for long-term rental!! Brand new beautiful corner townhouse situated in the highly sought after Urbana 3 development next to the Chiang Mai Super Highway. The property has 24hr security surveillance and is located in a very private and quiet neighborhood with parks nearby. The town house comes fully furnished with brand new high quality furniture. Both bedrooms feature king size beds with borderless mattresses. The living room comes complete with a comfortable sofa, a TV stand with a 40” LCD TV. The dining area has a table set for 4. The kitchen includes built-in kitchen cabinets and built-in sink. With the townhouse being located on the Super highway road, getting around will be super convenient as you will be minutes away from the Promenada Superstore, Central Airport, Old City and Big C Don Chan, ABS school (Ambassador Bilingual School), Waree International School, Montfort College school. Property Details: Location: 99 Moo 3, Chiang Mai – Lumphun Rd., Tha Sala, Muang, Chiang Mai. Size: 135 Sq/m. , 2 floors Bedrooms: 2 Bathrooms (total) : 3 Living Room: yes TV stand with LCD 40. Kitchen: Yes, refrigerator, stove, microwave Cooling: 3 AC units (living room & both bedrooms) Total Parking Spaces: 2 Furnishing: fully Extras: 2 water heaters, 1 water tank with electric pump. Rooms: Second Level: Master bedroom. Bedroom 2, bathroom, bathroom Main Level: Living room, dining room, kitchen, bathroom Ammenities Nearby; Promenada Superstore (5 mins), Central Airport, Old City (15mins) and Big C Don Chan, ABS school (Ambassador Bilingual School) (2 mins), Waree International School (10 mins), Montfort College school (15 mins), parks

Features

TerraceTerrace Corner UnitCorner Unit Washing MachineWashing Machine MicrowaveMicrowave TVTV Cable TVCable TV

Basic Information

Date Listed Mar 1, 2024
Updated 8 months ago
Property Type Townhouse
Storeys 2
Location Tha Sala, Chiang Mai
Bedrooms 2
Nearest Landmark Chiang Mai Railway Station -4.4 Km
Indoor Area 1,453 Sqft
Price per Sqft $55
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
1,033 Sqft
Plot Size 258 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.

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 (Jan 2014)
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 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.
$29/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1748558

Investment Opportunity: Charges & Yield

Sale Price
$80,600
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.
$29/mo
Rent
$374/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.
18
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.
6%

Project Details

Project Name: The Urbana 3
Construction: Completed (Nov 2014)
Units: 237
Project Area: N/A
Nearest Landmark Chiang Mai Railway Station - 4.4 Km
Location: Tha Sala, Chiang Mai
The Urbana 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)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking

Available Units at The Urbana 3

For Sale 6 For Rent 6
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Frequently Asked Questions

All kind of pets are allowed at The Urbana 3 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai Railway Station is the nearest Railway Station from The Urbana 3 and it is 4.4 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 The Urbana 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

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Chiang Mai
Tha Sala

Neighborhood Overview

Location and Neighborhood

Street View

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