Unit ID: U1933293
3% Rental Yield
San Phisuea, Mueang Chiang Mai,Chiang Mai
$270,000
3 Bedrooms
3
Bathrooms
1,528 Sqft
Indoor Area
Dec 2017
Completed

About This House

This property is a 1,528 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in San Phisuea, Chiang Mai and was completed in Dec 2017. You can buy this house for a base price of $270,000 ($176/Sqft).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Sep 13, 2024
Updated 3 months ago
Property Type House
Storeys N/A
Location San Phisuea, Chiang Mai
Bedrooms 3
Nearest Landmark Maejo University -7 Km
Indoor Area 1,528 Sqft
Price per Sqft $176
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 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.

Leasehold
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.

Leasehold
Land Title Deed N/A
Construction Completed (Dec 2017)
Furniture
Unfurnished
View(s) Garden View
Unit Type S-128P
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.
N/A
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1933293

Investment Opportunity: Charges & Yield

Sale Price
$270,000
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.
31
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 3 bedroom houses at Burasiri San Phi Suea, and the current sales price.
3%

Project Details

Project Name: Burasiri San Phi Suea
Developer: Sansiri
Construction: Completed (Dec 2017)
Units: 238
Project Area: 1,171,113 Sqft
Nearest Landmark Maejo University - 7 Km
Location: San Phisuea, Chiang Mai
Burasiri San Phi Suea Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area

Popular Facilities at Burasiri San Phi Suea

  • Communal Garden Area
    1st Floor
  • Communal Pool
    1st Floor
  • Communal Gym
    2nd Floor

Available Units at Burasiri San Phi Suea

For Sale 16 For Rent 5
Available Units at Burasiri San Phi Suea
$233,000
$127/Sqft
Beds 4 Beds
Baths 2 Baths
Size 1,830 Sqft Size
Plot Size 4,047 Sqft Plot Size
Fully Furnished Mountain View
Available Units at Burasiri San Phi Suea
$239,000$329,000
$134/Sqft
Good Price
Beds 4 Beds
Baths 3 Baths
Size 1,787 Sqft Size
Plot Size 658 Sqft Plot Size
Leasehold Unfurnished Garden View
Available Units at Burasiri San Phi Suea
$270,000
$176/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,528 Sqft Size
Plot Size - Plot Size
Unfurnished Garden View
Available Units at Burasiri San Phi Suea
$181,000
$134/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,345 Sqft Size
Plot Size 2,325 Sqft Plot Size
Fully Furnished
Available Units at Burasiri San Phi Suea
$350,000
$76/Sqft
Beds 3 Beds
Baths 3 Baths
Size 4,607 Sqft Size
Plot Size 1,152 Sqft Plot Size
Fully Furnished
Available Units at Burasiri San Phi Suea
$250,000$332,000
$140/Sqft
Beds 4 Beds
Baths 3 Baths
Size 1,787 Sqft Size
Plot Size 760 Sqft Plot Size
Leasehold Unfurnished Garden View
Available Units at Burasiri San Phi Suea
$291,000
$192/Sqft
Beds 3 Beds
Baths 2 Baths
Size 1,518 Sqft Size
Plot Size 1,313 Sqft Plot Size
Unfurnished City View
Available Units at Burasiri San Phi Suea
$319,000
$174/Sqft
Beds 4 Beds
Baths 2 Baths
Size 1,830 Sqft Size
Plot Size - Plot Size
Garden View
Available Units at Burasiri San Phi Suea
$270,000
$132/Sqft
Beds 4 Beds
Baths 3 Baths
Size 2,045 Sqft Size
Plot Size 691 Sqft Plot Size
Unfurnished Garden View
Available Units at Burasiri San Phi Suea
$265,000$291,000
$130/Sqft
Beds 4 Beds
Baths 3 Baths
Size 2,045 Sqft Size
Plot Size 623 Sqft Plot Size
Leasehold Unfurnished Garden View
Available Units at Burasiri San Phi Suea
$270,000
$132/Sqft
Beds 4 Beds
Baths 3 Baths
Size 2,045 Sqft Size
Plot Size 681 Sqft Plot Size
Unfurnished Garden View
Available Units at Burasiri San Phi Suea
$267,000
$130/Sqft
Beds 4 Beds
Baths 3 Baths
Size 2,045 Sqft Size
Plot Size 644 Sqft Plot Size
Leasehold Unfurnished Garden View
Available Units at Burasiri San Phi Suea
$300,000
$168/Sqft
Beds 4 Beds
Baths 3 Baths
Size 1,787 Sqft Size
Plot Size 713 Sqft Plot Size
Leasehold Fully Furnished Garden View
Available Units at Burasiri San Phi Suea
$367,000
$138/Sqft
Beds 4 Beds
Baths 4 Baths
Size 2,659 Sqft Size
Plot Size 746 Sqft Plot Size
Unfurnished Garden View
Available Units at Burasiri San Phi Suea
$402,000
$197/Sqft
Beds 4 Beds
Baths 3 Baths
Size 2,045 Sqft Size
Plot Size 682 Sqft Plot Size
Leasehold Fully Furnished Park View
Available Units at Burasiri San Phi Suea
$402,000
$197/Sqft
Beds 4 Beds
Baths 3 Baths
Size 2,045 Sqft Size
Plot Size 679 Sqft Plot Size
Leasehold Fully Furnished Garden View
Get notified when new homes are being added to Burasiri San Phi Suea
View All (16)

Loan Calculator

Payment Plan

Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
$5,830
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

Frequently Asked Questions

All kind of pets are allowed at Burasiri San Phi Suea including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is $1 per square meter based on the plot size of the property and is 0 for this house. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Maejo University is the nearest University from Burasiri San Phi Suea and it is 7 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 Burasiri San Phi Suea you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
$5,830
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%


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

4.6 out of 5
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The best house in this town
Johnson Flax, Russia, 4 years ago
No word can describe the luxury of the project developed by a famous company. The atmosphere in the village is pleasant. It is so nice living next to the mountain, nice weather in the morning. The village is neat and clean. The neighbors here are also lovely and friendly. The facilities include a clubhouse, swimming pool, and free Wi-Fi in a common area. The interior of the house is decorated in luxury and modern style. There is a set of good quality and durable furniture. I think it's such a right choice to buy this project for a family.
The atmosphere of the project is pleasant
Chalisa N., Thailand, 5 years ago
The atmosphere of the project is pleasant, shady, and quiet. You can see the mountain view and rice field, which give a comfortable look to your eyes. I brought this house as a vacation home when I visit Chiang Mai with my family or put golf at Lanna Golf Course. My house has 3 bedrooms. The outdoor area is spacious, and the indoor space is open to the mountain view and windy. If you love the natural atmosphere, you might want to choose this place.
Good design and functional
Jiranut P., Thailand, 5 years ago
Burasiri San Phi Sua, a single-detached house is designed in a resort-style surrounded by nature and a 360-degree mountain view on a location near the main road traveling in Chiang Mai city. It is 15 minutes from going to the center of Chiang Mai. I am very impressed with this project. The project has designed my house cozy and given a sense of warmth blended with the charming Lanna project's atmosphere. It makes everything perfect. Moreover, the project has selected the best things for the residents to be satisfied, whether modern furniture and good decoration items. Besides, there is the full range of home facilities and practicality in daily life. The project has also named the project very creatively called Huen Nara means home in the northern language. It matches my needs so much. The project is located in the potential environmental and there is enough space for pets. So, it's excellent!
Beautifully-designed detached house in Lanna style
Han Blackston, United States, 5 years ago
The architecture design is inspired by a touch of Lanna to create a luxurious resort-style home. You can immerse yourself in the beauty of the house and the natural surroundings. I like the house when I saw the design because they pay attention to details, quality, and construction, including well-managed home systems. As far as I have been, I still haven't found any problems. I chose to buy a 3-bedroom house at ​​128 square meters. Although it is the smallest house type in the project, the layout is well divided into proportion, so it is functional and suitable for living. Plus, the facility's design gets along well with the house design, so the entire project is exceptionally outstanding. It has a swimming pool, a clubhouse, a fitness center, and a free wifi area that is always used by the villagers. The neighbors here - both Thai and foreigners, are also very lovely. There is also a 24-hour security system that gives us peace of mind.
Luxurious single house, good atmosphere
Anuwat K., Thailand, 6 years ago
If I give a full score of 10 points here, I provide a total of 10 points because it's beautiful and luxurious from the project entrance to the door. It is a new project that has just been completed. It's worth the money to own if you buy a gift for yourself. I think the house here is worth it, and Chiang Mai is considered a pleasant location to live in. The project provides a swimming pool, a clubhouse, and a fitness center. Most importantly, the atmosphere here is good all year round !!!
I like the atmosphere of this condo
Adrain P., Spain, 6 years ago
I stay in this house with my parents and wife. We love this place so much as the atmosphere is perfect for relaxing. I can enjoy the mountain view behind the house. Especially in the morning, I can breathe fresh air which is very good. The house I buy is a 2-story detached house, with three bedrooms, and two parking spaces. It’s a partly-furnished house, and the furniture provide is high-quality. It’s not in the city center as it takes 15 min driving. Overall, I would say I have no regret buying this house.
Chiang Mai
San Phisuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Burasiri San Phi Suea

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 Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
206
Sales Prices
$151.52K - $259.33K
Monthly Rentals
$874 - $1.25K
Year Built
Dec 2016
Completion Status
Completed
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
68
Sales Prices
$125.29K - $174.54K
▼ -44% underpriced
Monthly Rentals
N/A
Year Built
Mar 2011
Completion Status
Completed
Project Name
The Flow
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
120
Sales Prices
$110.72K
Monthly Rentals
$641
Year Built
Dec 2017
Completion Status
Completed
Location
Nong Han, Mueang Chiang Mai, Chiang Mai
Number of units
95
Sales Prices
$247.67K - $422.5K
▲ 27% overpriced
Monthly Rentals
N/A
Year Built
Jan 2005
Completion Status
Completed
Location
Nong Han, Mueang Chiang Mai, Chiang Mai
Number of units
87
Sales Prices
$174.83K - $539.05K
▲ 4% overpriced
Monthly Rentals
$1.02K
Year Built
Nov 2014
Completion Status
Completed
Project Name
Baan Nantana 2
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
208
Sales Prices
$131.12K
Monthly Rentals
N/A
Year Built
Dec 2004
Completion Status
Completed
Location
Nong Chom, Mueang Chiang Mai, Chiang Mai
Number of units
326
Sales Prices
$104.61K - $151.52K
Monthly Rentals
$583 - $932
Year Built
Jul 2008
Completion Status
Completed
Location
Nong Chom, Mueang Chiang Mai, Chiang Mai
Number of units
101
Sales Prices
$201.05K - $288.47K
▼ -33% underpriced
Monthly Rentals
$758
Year Built
Oct 2008
Completion Status
Completed
Location
Nong Chom, Mueang Chiang Mai, Chiang Mai
Number of units
150
Sales Prices
$96.16K
Monthly Rentals
N/A
Year Built
Dec 2011
Completion Status
Completed
Project Name
Belive-Ruamchock
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
76
Sales Prices
$166.09K - $224.36K
Monthly Rentals
N/A
Year Built
Jan 2024
Completion Status
Completed
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