Unit ID: U1857652
7% Rental Yield
Ton Pao, San Kamphaeng,Chiang Mai
$122,000
3 Bedrooms
3
Bathrooms
1,765 Sqft
Indoor Area
2
Storeys
Completed

About This House

This property is a 1,765 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Ton Pao, Chiang Mai. You can buy this house for a base price of $122,000 ($69/Sqft) and it is also available for long term rentals starting from $728 per month.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Jun 4, 2024
Updated 6 months ago
Property Type House (Single Detached)
Storeys 2
Location Ton Pao, Chiang Mai
Bedrooms 3
Nearest Landmark Boonthavorn Chiang Mai -5.1 Km
Indoor Area 1,765 Sqft
Price per Sqft $69
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 2,196 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 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) 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.
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 U1857652

Investment Opportunity: Charges & Yield

Sale Price
$122,000
Rent
$728/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

Developer: N/A
Construction: Completed (Jul 2023)
Units: 10
Project Area: N/A
Nearest Landmark Boonthavorn Chiang Mai - 5.1 Km
Location: Ton Pao, Chiang Mai
Chiang Mai (San Kamphaeng) by NHA Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Communal Garden Area Communal Garden Area

Available Units at Chiang Mai (San Kamphaeng) by NHA

For Sale 1 For Rent 10
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Frequently Asked Questions

All kind of pets are allowed at Chiang Mai (San Kamphaeng) by NHA including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Boonthavorn Chiang Mai is the nearest Shopping Mall from Chiang Mai (San Kamphaeng) by NHA and it is 5.1 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 Chiang Mai (San Kamphaeng) by NHA 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
Ton Pao

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Chiang Mai (San Kamphaeng) by NHA

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 Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
1028
Sales Prices
$34.97K
▼ -43% underpriced
Monthly Rentals
$728
Year Built
Jan 2002
Completion Status
Completed
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
265
Sales Prices
$195.22K - $375.53K
Monthly Rentals
$583 - $1.31K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Sivalai Village 3
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
300
Sales Prices
$77.22K - $166.09K
▼ -18% underpriced
Monthly Rentals
$291 - $728
Year Built
Jun 2009
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
145
Sales Prices
$60.32K - $85.96K
Monthly Rentals
$277 - $1.46K
Year Built
N/A
Completion Status
Off Plan
Project Name
Inizio Chiangmai
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
336
Sales Prices
$247.67K
▲ 16% overpriced
Monthly Rentals
$845 - $1.31K
Year Built
Feb 2015
Completion Status
Completed
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
121
Sales Prices
$107.81K - $138.41K
Monthly Rentals
$1.02K
Year Built
Feb 2022
Completion Status
Completed
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
110
Sales Prices
$55.07K - $64.07K
▼ -50% underpriced
Monthly Rentals
$452
Year Built
Jan 2022
Completion Status
Completed
Project Name
Karnkanok 1
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
156
Sales Prices
$107.52K - $133.74K
Monthly Rentals
$962
Year Built
Dec 2014
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
363
Sales Prices
$97.32K - $367.9K
Monthly Rentals
N/A
Year Built
Jul 2023
Completion Status
Completed
Project Name
The Prego green
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
300
Sales Prices
$99.07K - $611.9K
▲ 2% overpriced
Monthly Rentals
$728 - $2.19K
Year Built
Jun 2021
Completion Status
Completed
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