Unit ID: U1123666
6% Rental Yield
San Phisuea, Mueang Chiang Mai,Chiang Mai
$189,000 $201,000
3 Bedrooms
3
Bathrooms
3,832 Sqft
Indoor Area
2
Storeys
Apr 2013
Completed

About This House

This property is a 3,832 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 Apr 2013. You can buy this house for a base price of $189,000 ($49/Sqft).

Laddarom Village near NIS International School, only 5 mins away.  Near by place: 10 mins to Meechok Plaza, Rimping Super Market 15 mins to Central Festival 10 mins to Lanna Golf Course 89 sq.wah (356 sq.m) 3 bedrooms 3 bathrooms 2 kitchens (Western & Thai) 2 living room, 2 cars parking, fully furnished - ready to move in. Facilities: Large Swimming pool, Yoga classes (extra fee) and 24 hrs security

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Jul 19, 2022
Updated 10 months ago
Property Type House (Single Detached)
Storeys 2
Location San Phisuea, Chiang Mai
Bedrooms 3
Nearest Landmark Central Chiangmai -4.1 Km
Indoor Area 3,832 Sqft
Price per Sqft $49
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 3,832 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 (Apr 2013)
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, Unblocked Open 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
Broker Network
Electricity Price N/A
Water Price N/A
Unit ID U1123666

Investment Opportunity: Charges & Yield

Sale Price
$189,000
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.
16
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 Laddarom Village, and the current sales price.
6%

Project Details

Project Name: Laddarom Village
Developer: N/A
Construction: Completed (Apr 2013)
Units: 119
Project Area: N/A
Nearest Landmark Central Chiangmai - 4.1 Km
Location: San Phisuea, Chiang Mai
Laddarom Village Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Laddarom Village

For Sale 3 For Rent 1
Get notified when new homes are being added to Laddarom Village
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Frequently Asked Questions

All kind of pets are allowed at Laddarom Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Central Chiangmai is the nearest Shopping Mall from Laddarom Village and it is 4.1 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 Laddarom Village 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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San Phisuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Laddarom Village

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Year Built
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Project Name
Location
Number of units
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Year Built
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Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
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$189.4K
▲ 10% overpriced
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Completion Status
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Project Name
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Number of units
254
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$183.57K - $247.67K
▼ -1% underpriced
Monthly Rentals
$1.02K - $1.17K
Year Built
Dec 2013
Completion Status
Completed
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
70
Sales Prices
$69.93K - $84.5K
▼ -27% underpriced
Monthly Rentals
N/A
Year Built
Dec 2012
Completion Status
Completed
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
$46.33K - $61.19K
▼ -23% underpriced
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
$608.98K - $1.11M
Monthly Rentals
N/A
Year Built
Dec 2024
Completion Status
Off Plan
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
62
Sales Prices
$112.18K
Monthly Rentals
$845 - $932
Year Built
Jan 2022
Completion Status
Completed
Project Name
Lanna Ville
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
$369.47K - $845K
▼ -16% underpriced
Monthly Rentals
$1.02K - $2.91K
Year Built
Dec 2006
Completion Status
Completed
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