Unit ID: U1989579
5% Rental Yield
Rop Wiang, Mueang Chiang Rai,Chiang Rai
$131,000
3 Bedrooms
3
Bathrooms
2,153 Sqft
Indoor Area
2
Storeys
Completed

About This House

This property is a 2,153 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Rop Wiang, Chiang Rai. You can buy this house for a base price of $131,000 ($61/Sqft) and it is also available for long term rentals starting from $583 per month.

Features

Covered ParkingCovered Parking

Basic Information

Date Listed Dec 23, 2024
Updated 5 hours ago
Property Type House
Storeys 2
Location Rop Wiang, Chiang Rai
Bedrooms 3
Nearest Landmark Phrao Hospital -88.8 Km
Indoor Area 2,153 Sqft
Price per Sqft $61
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 N/A
Pets Not 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 Chanote
Construction Completed
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) N/A
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
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1989579

Investment Opportunity: Charges & Yield

Sale Price
$131,000
Rent
$583/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.
19
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.
5%

Project Details

Project Name: Baan Rimtan Chiang Rai
Developer: N/A
Construction: Completed (Jan 2010)
Units: 58
Project Area: N/A
Nearest Landmark Phrao Hospital - 88.8 Km
Location: Rop Wiang, Chiang Rai
Baan Rimtan Chiang Rai Project Details

Available Units at Baan Rimtan Chiang Rai

For Sale 2 For Rent 1
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Frequently Asked Questions

Phrao Hospital is the nearest Hospital from Baan Rimtan Chiang Rai and it is 88.8 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 Baan Rimtan Chiang Rai 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 Rai
Rop Wiang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Baan Rimtan Chiang Rai

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Year Built
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Project Name
Location
Number of units
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Location
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Sales Prices
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Year Built
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Completion Status
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Year Built
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Completion Status
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