Unit ID: U1888358
3% Rental Yield
Nong Phueng, Saraphi,Chiang Mai
$80,200
3 Bedrooms
3
Bathrooms
1,270 Sqft
Indoor Area
2
Storeys
Completed

About This House

This property is a 1,270 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Nong Phueng, Chiang Mai. You can buy this house for a base price of $80,200 ($63/Sqft).

3 Bedrooms 3 Bathrooms Twin house

Features

TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Jul 9, 2024
Updated 4 months ago
Property Type House (Single Detached)
Storeys 2
Location Nong Phueng, Chiang Mai
Bedrooms 3
Nearest Landmark Chiang Mai Railway Station -5.2 Km
Indoor Area 1,270 Sqft
Price per Sqft $63
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 1,572 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.

Foreign Ownership, Thai Ownership, Company, 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.

Thai Ownership, Company, Leasehold
Land Title Deed N/A
Construction Completed
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Garden View
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 Government Rate
Water Price Government Rate
Unit ID U1888358

Investment Opportunity: Charges & Yield

Sale Price
$80,200
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.
33
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 Diya Valley Saraphi, and the current sales price.
3%

Project Details

Project Name: Diya Valley Saraphi
Developer: Thippirom Property
Construction: Completed (Jan 2019)
Units: 353
Project Area: N/A
Nearest Landmark Chiang Mai Railway Station - 5.2 Km
Location: Nong Phueng, Chiang Mai
Diya Valley Saraphi Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Popular Facilities at Diya Valley Saraphi

  • Communal Pool
    1st Floor
  • Communal Garden Area
    1st Floor

Available Units at Diya Valley Saraphi

For Sale 13 For Rent 5
Available Units at Diya Valley Saraphi
$58,000
$47/Sqft
Beds 3 Beds
Baths 2 Baths
Size 1,238 Sqft Size
Plot Size 753 Sqft Plot Size
Partly Furnished
Available Units at Diya Valley Saraphi
$72,900
$52/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,399 Sqft Size
Plot Size 947 Sqft Plot Size
Fully Furnished Garden View
Available Units at Diya Valley Saraphi
$137,000
$46/Sqft
Beds 5 Beds
Baths 3 Baths
Size 3,014 Sqft Size
Plot Size 2,540 Sqft Plot Size
Unfurnished City View
Available Units at Diya Valley Saraphi
$114,000
$83/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,378 Sqft Size
Plot Size 1,369 Sqft Plot Size
Fully Furnished City View
Available Units at Diya Valley Saraphi
$80,200
$63/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,270 Sqft Size
Plot Size 1,572 Sqft Plot Size
Partly Furnished Garden View
Available Units at Diya Valley Saraphi
$163,000
$92/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,776 Sqft Size
Plot Size 2,799 Sqft Plot Size
Fully Furnished Garden View
Available Units at Diya Valley Saraphi
$145,000
$87/Sqft
Beds 4 Beds
Baths 3 Baths
Size 1,668 Sqft Size
Plot Size 2,338 Sqft Plot Size
Unfurnished Garden View
Available Units at Diya Valley Saraphi
$134,000
$78/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,722 Sqft Size
Plot Size 441 Sqft Plot Size
Fully Furnished City View
Available Units at Diya Valley Saraphi
$188,000
$108/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,744 Sqft Size
Plot Size 4,194 Sqft Plot Size
Unfurnished Garden View
Available Units at Diya Valley Saraphi
$152,000
$94/Sqft
Beds 4 Beds
Baths 3 Baths
Size 1,615 Sqft Size
Plot Size 2,592 Sqft Plot Size
Unfurnished Garden View
Available Units at Diya Valley Saraphi
$184,000
$114/Sqft
Beds 4 Beds
Baths 3 Baths
Size 1,615 Sqft Size
Plot Size 3,767 Sqft Plot Size
Unfurnished Garden View
Available Units at Diya Valley Saraphi
$202,000
$105/Sqft
Beds 4 Beds
Baths 3 Baths
Size 1,916 Sqft Size
Plot Size 2,446 Sqft Plot Size
Unfurnished Garden View
Available Units at Diya Valley Saraphi
$316,000
$152/Sqft
Beds 4 Beds
Baths 3 Baths
Size 2,077 Sqft Size
Plot Size 7,285 Sqft Plot Size
Unfurnished Garden View
Get notified when new homes are being added to Diya Valley Saraphi
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Frequently Asked Questions

All kind of pets are allowed at Diya Valley Saraphi including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai Railway Station is the nearest Railway Station from Diya Valley Saraphi and it is 5.2 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 Diya Valley Saraphi 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
Nong Phueng

Neighborhood Overview

Location and Neighborhood

Street View

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