Unit ID: U1757716
7% Rental Yield
Tenant-Occupied until Jul 1, 2025
San Phak Wan, Hang Dong,Chiang Mai
$83,500
3 Bedrooms
2
Bathrooms
1,453 Sqft
Indoor Area
1
Storeys
Completed

About This House

This property is a 1,453 Sqft house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in San Phak Wan, Chiang Mai. You can buy this house for a base price of $83,500 ($58/Sqft) and it is also available for long term rentals starting from $491 per month.

house in Baan Thanaboon Property for rent/sale. (3-year old house) Land size: 248 sq.m. Key features: - 3 bedrooms - 4 air conditioners - 2 bathrooms (2 water heaters). Fully furnished -TV -Refrigerator -Washing machine -Thai-style kitchen Facilities: -24-hour security services - Waste disposal services. Baan Thanaboon Property, San Pak Wan sub-district, Hang Dong district, Chiang Mai province 50230. Surroundings: The Far Eastern University, Kad Farang, North Hill Golf Club, Big C Hang Dong, Makro, Chiang Mai Night Safari, Royal Park Rajapruek, San Pak Wan Municipal office, Cafe' Yuva Chiangmai, and North Hill's MIX. Location & direction: On Outer Ring Road at the Samoeng Intersection in Hang Dong heading to Tah Mai I temple, go straight for 2.8 km. then right to San Pak Wan Municipal office. Go straight for 1.2 km., the project is on the right-hand side.

Features

Private GardenPrivate Garden TerraceTerrace TVTV

Basic Information

Date Listed Mar 14, 2024
Updated 3 weeks ago
Property Type House (Single Detached)
Storeys 1
Location San Phak Wan, Chiang Mai
Bedrooms 3
Nearest Landmark Ginger Farm Chiang Mai -3.1 Km
Indoor Area 1,453 Sqft
Price per Sqft $58
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 2,669 Sqft
Pets All Kind of Pets 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
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) Garden 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.
$14/mo
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 U1757716

Investment Opportunity: Charges & Yield

Sale Price
$83,500
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.
$14/mo
Rent
$491/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.
14
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.
7%

Project Details

Project Name: Baan Thanaboon Property
Developer: N/A
Construction: Completed
Units: 90
Project Area: N/A
Nearest Landmark Ginger Farm Chiang Mai - 3.1 Km
Location: San Phak Wan, Chiang Mai
Baan Thanaboon Property Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Available Units at Baan Thanaboon Property

For Sale 1 For Rent 2
Get notified when new homes are being added to Baan Thanaboon Property
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Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Baan Thanaboon Property.
Ginger Farm Chiang Mai is the nearest Tourist Attraction from Baan Thanaboon Property 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 Thanaboon Property 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 Phak Wan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Baan Thanaboon Property

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
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
66
Sales Prices
$319.4K - $353.93K
▲ 10.3% overpriced
Monthly Rentals
N/A
Year Built
Dec 2019
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
151
Sales Prices
$80.28K
Monthly Rentals
N/A
Year Built
Nov 2014
Completion Status
Completed
Project Name
The Celio
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
174
Sales Prices
$69.92K - $158.26K
▼ -6.4% underpriced
Monthly Rentals
$432 - $719
Year Built
Aug 2013
Completion Status
Completed
Project Name
Baan Kwanwieng
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
379
Sales Prices
$56.11K - $84.89K
Monthly Rentals
$374
Year Built
Jan 2017
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
N/A
Sales Prices
$99.56K - $215.81K
Monthly Rentals
$403 - $1.29K
Year Built
May 2008
Completion Status
Completed
Project Name
Proud Kwang Wiang
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
4
Sales Prices
$215.52K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Mirana Home
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
N/A
Sales Prices
$80.57K - $97.55K
Monthly Rentals
N/A
Year Built
Jan 2024
Completion Status
Completed
Project Name
Baan Nuntima
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
56
Sales Prices
$178.12K - $287.17K
Monthly Rentals
N/A
Year Built
Jan 2009
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
19
Sales Prices
$83.45K - $129.49K
Monthly Rentals
$863
Year Built
Aug 2017
Completion Status
Completed
Project Name
The Zentric
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
495
Sales Prices
$155.38K - $287.75K
Monthly Rentals
$575 - $1.09K
Year Built
Mar 2017
Completion Status
Made To Order
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