Unit ID: U1918045
4% Rental Yield
Nong Khwai, Hang Dong,Chiang Mai
$198,000
3 Bedrooms
3
Bathrooms
2,153 Sqft
Indoor Area
2
Storeys
Dec 2008
Completed

About This House

This property is a 2,153 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Nong Khwai, Chiang Mai and was completed in Dec 2008. You can buy this house for a base price of $198,000 ($92/Sqft).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave

Basic Information

Date Listed Aug 26, 2024
Updated 2 months ago
Property Type House (Single Detached)
Storeys 2
Location Nong Khwai, Chiang Mai
Bedrooms 3
Nearest Landmark Hang Dong District Municipal Food Market -3.3 Km
Indoor Area 2,153 Sqft
Price per Sqft $92
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
1,076 Sqft
Plot Size 3,014 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 Chanote
Construction Completed (Dec 2008)
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 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 N/A
Water Price N/A
Unit ID U1918045

Investment Opportunity: Charges & Yield

Sale Price
$198,000
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.
22
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 Lanna Pinery Home, and the current sales price.
4%

Project Details

Project Name: Lanna Pinery Home
Construction: Completed (Dec 2008)
Units: 60
Project Area: 688,890 Sqft
Nearest Landmark Hang Dong District Municipal Food Market - 3.3 Km
Location: Nong Khwai, Chiang Mai
Lanna Pinery Home 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
Tennis Court Tennis Court
Communal Garden Area Communal Garden Area

Available Units at Lanna Pinery Home

For Sale 13 For Rent 7
Updated 6 days ago
Available Units at Lanna Pinery Home
$112,000
$58/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,938 Sqft Size
Plot Size 3,229 Sqft Plot Size
Partly Furnished Garden View
Available Units at Lanna Pinery Home
$198,000
$92/Sqft
Beds 3 Beds
Baths 3 Baths
Size 2,153 Sqft Size
Plot Size 3,014 Sqft Plot Size
Fully Furnished Garden View
Available Units at Lanna Pinery Home
$256,000
$122/Sqft
Beds 2 Beds
Baths 2 Baths
Size 2,099 Sqft Size
Plot Size 3,057 Sqft Plot Size
Partly Furnished Mountain View
Available Units at Lanna Pinery Home
$475,000
$85/Sqft
Beds 3 Beds
Baths 3 Baths
Size 5,597 Sqft Size
Plot Size 5,597 Sqft Plot Size
Fully Furnished Garden View
Available Units at Lanna Pinery Home
$475,000
$95/Sqft
Beds 4 Beds
Baths 4 Baths
Size 5,027 Sqft Size
Plot Size 12,142 Sqft Plot Size
Unfurnished Garden View
Updated 2 months ago
Available Units at Lanna Pinery Home
$141,000
$85/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,658 Sqft Size
Plot Size 3,014 Sqft Plot Size
Partly Furnished Garden View
Available Units at Lanna Pinery Home
$849,000
$105/Sqft
Beds 4 Beds
Baths 5 Baths
Size 8,073 Sqft Size
Plot Size 13,519 Sqft Plot Size
Fully Furnished Mountain View
Available Units at Lanna Pinery Home
$691,000
$149/Sqft
Beds 5 Beds
Baths 7 Baths
Size 4,650 Sqft Size
Plot Size 6,932 Sqft Plot Size
Fully Furnished Mountain View
Available Units at Lanna Pinery Home
$296,000
$64/Sqft
Beds 3 Beds
Baths 3 Baths
Size 4,607 Sqft Size
Plot Size - Plot Size
Garden View
Available Units at Lanna Pinery Home
$154,000
$80/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,938 Sqft Size
Plot Size 2,885 Sqft Plot Size
Fully Furnished Garden View
Available Units at Lanna Pinery Home
$173,000
$77/Sqft
Beds 3 Beds
Baths 3 Baths
Size 2,239 Sqft Size
Plot Size 2,669 Sqft Plot Size
Fully Furnished Garden View
Available Units at Lanna Pinery Home
$475,000$561,000
$95/Sqft
Great Price
Beds 4 Beds
Baths 4 Baths
Size 5,027 Sqft Size
Plot Size 12,142 Sqft Plot Size
Fully Furnished Park View
Available Units at Lanna Pinery Home
$296,000
$112/Sqft
Beds 3 Beds
Baths 3 Baths
Size 2,637 Sqft Size
Plot Size 8,181 Sqft Plot Size
Partly Furnished Garden View
Get notified when new homes are being added to Lanna Pinery Home
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Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Lanna Pinery Home.
Hang Dong District Municipal Food Market is the nearest Market from Lanna Pinery Home and it is 3.3 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 Lanna Pinery Home 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

4.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A house with excellent location and close to nature, very private!
Aphipat P, Thailand, 8 years ago
I love the house's here; it's very natural and convenient to travel everywhere as it's not far from the amenities. I bought a 3-bedroom with 3-bathroom because I have a big family. My wife's family always visits here for their vacation, so there is no need to rent a hotel. My kids also love it here because the road is wide with a shady park. They love riding bikes around the project to get some fresh air and relax. Also, there is a communal pool and a communal gym, where we always spend time relaxing and swimming regularly. It makes my family have activities to enjoy all the time.
Chiang Mai
Nong Khwai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lanna Pinery Home

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
Lanna Montra
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
60
Sales Prices
$201.42K - $431.62K
▼ -3.5% underpriced
Monthly Rentals
$1.01K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Home In Park
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
300
Sales Prices
$141K - $428.74K
▼ -13% underpriced
Monthly Rentals
$561 - $1.01K
Year Built
May 2008
Completion Status
Completed
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
62
Sales Prices
$460.4K - $604.27K
Monthly Rentals
$1.29K - $1.73K
Year Built
Jan 1999
Completion Status
Completed
Location
Ban Waen, Hang Dong, Chiang Mai
Number of units
316
Sales Prices
$515.07K
Monthly Rentals
$1.01K - $1.29K
Year Built
Jan 2016
Completion Status
Completed
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
95
Sales Prices
$89.2K - $198.55K
Monthly Rentals
N/A
Year Built
Feb 2015
Completion Status
Completed
Project Name
Moo Baan Sansaran
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
144
Sales Prices
$192.79K - $284.87K
▼ -16% underpriced
Monthly Rentals
$719 - $1.01K
Year Built
Oct 2016
Completion Status
Completed
Project Name
Mod Chic
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
300
Sales Prices
$220.13K
Monthly Rentals
$950
Year Built
N/A
Completion Status
Made To Order
Project Name
Grand Tropicana
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
84
Sales Prices
$371.19K - $556.79K
▲ 34% overpriced
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Project Name
Baan Tara Keree 2
Location
Ban Waen, Hang Dong, Chiang Mai
Number of units
99
Sales Prices
$142.87K - $223.78K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Koolpunt Ville 8
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
30
Sales Prices
$149.63K
Monthly Rentals
N/A
Year Built
Oct 2009
Completion Status
Completed
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