Unit ID: U1991548
15% Rental Yield
Mae Hia, Mueang Chiang Mai,Chiang Mai
$70,400
2 Bedrooms
3
Bathrooms
1,690 Sqft
Indoor Area
2
Storeys
Oct 2015
Completed

About This Townhouse

This property is a 1,690 Sqft townhouse with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Mae Hia, Chiang Mai and was completed in Oct 2015. You can buy this townhouse for a base price of $70,400 ($42/Sqft).

The Urbana 4 townhome for sale Great price.

Two-story townhome  The Urbana 4, Mae Hia - Built-in Luxury - Rooftop BBQ, great for winter. - The house faces south, so it is not hot. - Area 21.9 square wah. Living space 157 square meters. - 4 Air , 2 water heaters  - 2 bedrooms. - 3 bathrooms. - 1 kitchen. - 1 multipurpose room - 1 living room. - Parking. - The back of the house is not attached to anyone.

Features

Rooftop TerraceRooftop Terrace Covered ParkingCovered Parking

Basic Information

Date Listed Dec 27, 2024
Updated 2 days ago
Property Type Townhouse
Storeys 2
Location Mae Hia, Chiang Mai
Bedrooms 2
Nearest Landmark Chiang Mai International Airport -3.3 Km
Indoor Area 1,690 Sqft
Price per Sqft $42
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
943 Sqft
Plot Size 943 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 (Oct 2015)
Furniture
Unfurnished
View(s) Unblocked Open View
Unit Type N/A
Parking Spots 1
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 U1991548

Investment Opportunity: Charges & Yield

Sale Price
$70,400
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.
7
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 2 bedroom townhouses at The Urbana 4, and the current sales price.
15%

Project Details

Project Name: The Urbana 4
Construction: Completed (Mar 2015)
Units: 200
Project Area: N/A
Nearest Landmark Chiang Mai International Airport - 3.3 Km
Location: Mae Hia, Chiang Mai
The Urbana 4 Project Details

Project Features

24H Security 24H Security
Car Parking Car Parking

Available Units at The Urbana 4

For Sale 2 For Rent 2
Get notified when new homes are being added to The Urbana 4
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Frequently Asked Questions

All kind of pets are allowed at The Urbana 4 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai International Airport is the nearest Airport from The Urbana 4 and it is 3.3 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 4 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

Reviews

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Modern townhome
Narung Boonchu, Thailand, 8 years ago
Newly built townhomes in modern style. It's a 3-bedroom townhome, which is a fitted size for my family. The project has a kids swimming pool where my children like to go. Plus, it is close to Sarasas Witaed Lanna School, where my children study at. It is also near the main road, Chiang Mai - Hang Dong, making my daily commute to work very convenient. It's indeed the right decision that I bought a townhome here.
Chiang Mai
Mae Hia

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Urbana 4

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Lan Doa Home
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
$132.08K
Monthly Rentals
$822
Year Built
Dec 2021
Completion Status
Completed
Project Name
Koolpunt Ville 6
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
295
Sales Prices
$126.21K
Monthly Rentals
$587 - $881
Year Built
Sep 2005
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
79
Sales Prices
$82.18K - $231.87K
▼ -3% underpriced
Monthly Rentals
$352 - $881
Year Built
Jun 2011
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
60
Sales Prices
$39.62K - $44.03K
▼ -21% underpriced
Monthly Rentals
$205
Year Built
Jan 2015
Completion Status
Completed
Project Name
Koolpunt Ville 5
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
624
Sales Prices
$140.88K - $155.56K
Monthly Rentals
N/A
Year Built
Jan 2017
Completion Status
Completed
Location
Nong Khwai, Mueang Chiang Mai, Chiang Mai
Number of units
147
Sales Prices
$132.08K - $249.48K
Monthly Rentals
$646 - $1.17K
Year Built
Oct 2014
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
170
Sales Prices
$71.91K - $111.53K
Monthly Rentals
$440 - $675
Year Built
Jan 2016
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
236
Sales Prices
$234.81K - $381.56K
▲ 2% overpriced
Monthly Rentals
$1.03K - $1.44K
Year Built
Jan 2007
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
69
Sales Prices
$58.7K - $96.86K
▼ -25% underpriced
Monthly Rentals
$235 - $396
Year Built
Jan 2013
Completion Status
Completed
Project Name
Koolpunt Ville 4
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
56
Sales Prices
$82.18K
Monthly Rentals
N/A
Year Built
Sep 2005
Completion Status
Completed
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