Unit ID: U1936555
9% Rental Yield
Tenant-Occupied until Oct 1, 2026
San Na Meng, San Sai,Chiang Mai
$108,000
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 San Na Meng, Chiang Mai. You can buy this house for a base price of $108,000 ($50/Sqft) and it is also available for long term rentals starting from $819 per month.

Features

Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Sep 19, 2024
Updated 1 month ago
Property Type House
Storeys 2
Location San Na Meng, Chiang Mai
Bedrooms 3
Nearest Landmark Tweechol Botanic Garden -3.1 Km
Indoor Area 2,153 Sqft
Price per Sqft $50
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 2,713 Sqft
Pets Not Allowed
House Ownership

Foreign nationals can own the building (house) 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
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) 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
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1936555

Investment Opportunity: Charges & Yield

Sale Price
$108,000
Rent
$819/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.
11
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.
9%

Project Details

Project Name: Baan San Sa Bai
Developer: N/A
Construction: Completed (Mar 2013)
Units: 96
Project Area: N/A
Nearest Landmark Tweechol Botanic Garden - 3.1 Km
Location: San Na Meng, Chiang Mai
Baan San Sa Bai Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Baan San Sa Bai

For Sale 1 For Rent 1
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Frequently Asked Questions

Tweechol Botanic Garden is the nearest Tourist Attraction from Baan San Sa Bai and it is 3.1 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 San Sa Bai 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
San Na Meng

Neighborhood Overview

Location and Neighborhood

Street View

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