Unit ID: U1684242
8% Rental Yield
San Kamphaeng, San Kamphaeng,Chiang Mai
$86,300
3 Bedrooms
3
Bathrooms
1,561 Sqft
Indoor Area
2
Storeys
Mar 2017
Completed

About This House

This property is a 1,561 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in San Kamphaeng, Chiang Mai and was completed in Mar 2017. You can buy this house for a base price of $86,300 ($55/Sqft).

Features

Private GardenPrivate Garden TerraceTerrace DuplexDuplex BalconyBalcony

Basic Information

Date Listed Oct 27, 2023
Updated 1 year ago
Property Type House (Single Detached)
Storeys 2
Location San Kamphaeng, Chiang Mai
Bedrooms 3
Nearest Landmark Promenada Chiang Mai -5.4 Km
Indoor Area 1,561 Sqft
Price per Sqft $55
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 4,908 Sqft
Pets Cats and Dogs (all sizes)
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 (Mar 2017)
Furniture
Unfurnished
View(s) Garden View, Unblocked Open View
Unit Type N/A
Parking Spots 4
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.
$0/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1684242

Investment Opportunity: Charges & Yield

Sale Price
$86,300
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.
$0/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.
13
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 Karnkanok Ville 5, and the current sales price.
8%

Project Details

Project Name: Karnkanok Ville 5
Construction: Completed (Jan 2010)
Units: 262
Project Area: N/A
Nearest Landmark Promenada Chiang Mai - 5.4 Km
Location: San Kamphaeng, Chiang Mai
Karnkanok Ville 5 Project Details

Project Features

24H Security 24H Security

Available Units at Karnkanok Ville 5

For Sale 2 For Rent 3
Get notified when new homes are being added to Karnkanok Ville 5
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Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Karnkanok Ville 5.
Promenada Chiang Mai is the nearest Shopping Mall from Karnkanok Ville 5 and it is 5.4 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 Karnkanok Ville 5 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

Reviews

4 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
3 bedrooms house
Wanchai V, Thailand, 7 years ago
My house has 3 bedrooms with a spacious area and divided into good proportions. There is a garden around the house, giving my puppy a space to run and play. It is unfurnished, so we need to decorate ourselves, which is ideal for my wife, who enjoys decorating the house. My house is conveniently located 15 minutes from the city and is surrounded by several shops, restaurants, and markets. It is also filled with essential places like Payap University and San Kamphaeng Hospital. Living here is accessible to the essential services. However, even though there are no facilities like a swimming pool in the common area, there are still security guards for the residents 24 hours to feel at ease about safety.
Chiang Mai
San Kamphaeng

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Karnkanok Ville 5

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
Project Name
Karnkanok Ville 4
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
287
Sales Prices
$94.67K
Monthly Rentals
$575
Year Built
Jan 2012
Completion Status
Completed
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
161
Sales Prices
$149.63K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Karnkanok 1
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
156
Sales Prices
$106.18K
Monthly Rentals
$950
Year Built
Dec 2014
Completion Status
Completed
Project Name
Inizio Chiangmai
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
336
Sales Prices
$244.59K
▲ 16% overpriced
Monthly Rentals
$863 - $1.29K
Year Built
Feb 2015
Completion Status
Completed
Project Name
The Prego green
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
300
Sales Prices
$91.79K - $604.27K
▲ 2% overpriced
Monthly Rentals
$719 - $1.01K
Year Built
Jun 2021
Completion Status
Completed
Project Name
Sivalai Village 3
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
300
Sales Prices
$76.25K - $164.02K
▼ -18% underpriced
Monthly Rentals
$288 - $719
Year Built
Jun 2009
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
363
Sales Prices
$96.11K - $363.31K
Monthly Rentals
N/A
Year Built
Jul 2023
Completion Status
Completed
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
121
Sales Prices
$106.47K - $136.68K
Monthly Rentals
$1.01K
Year Built
Feb 2022
Completion Status
Completed
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
1028
Sales Prices
$34.53K
▼ -43% underpriced
Monthly Rentals
N/A
Year Built
Jan 2002
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
145
Sales Prices
$59.56K - $84.89K
Monthly Rentals
$273 - $1.44K
Year Built
N/A
Completion Status
Off Plan
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