Unit ID: U877698
15% Rental Yield
San Kamphaeng, San Kamphaeng,Chiang Mai
$35,100 $70,100 Great Price
3 Bedrooms
2
Bathrooms
1,076 Sqft
Indoor Area
2
Storeys
Jan 2002
Completed

About This House

This property is a 1,076 Sqft house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in San Kamphaeng, Chiang Mai and was completed in Jan 2002. You can buy this house for a base price of $35,100 ($33/Sqft).

Features

Private GardenPrivate Garden Covered ParkingCovered Parking

Basic Information

Date Listed May 5, 2021
Updated 3 years ago
Property Type House (Semi Detached)
Storeys 2
Location San Kamphaeng, Chiang Mai
Bedrooms 3
Nearest Landmark MAIIAM Contemporary Art Museum -2.3 Km
Indoor Area 1,076 Sqft
Price per Sqft $33
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 904 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 (Jan 2002)
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) 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
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U877698

Investment Opportunity: Charges & Yield

Sale Price
$35,100
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.
7
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 NHA Chiang Mai (Sankampang), and the current sales price.
15%

Project Details

Developer: N/A
Construction: Completed (Jan 2002)
Units: 1028
Project Area: 2,502,222 Sqft
Nearest Landmark MAIIAM Contemporary Art Museum - 2.3 Km
Location: San Kamphaeng, Chiang Mai
NHA Chiang Mai (Sankampang) Project Details

Available Units at NHA Chiang Mai (Sankampang)

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Frequently Asked Questions

All kind of pets are allowed at NHA Chiang Mai (Sankampang) including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
MAIIAM Contemporary Art Museum is the nearest Tourist Attraction from NHA Chiang Mai (Sankampang) and it is 2.3 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 NHA Chiang Mai (Sankampang) 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
San Kamphaeng

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby NHA Chiang Mai (Sankampang)

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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
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Number of units
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▼ -18% underpriced
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Completion Status
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Sales Prices
$60.47K - $86.18K
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$278 - $1.46K
Year Built
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Location
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Number of units
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Sales Prices
$195.74K - $376.52K
Monthly Rentals
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Year Built
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Completion Status
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Number of units
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Sales Prices
$107.8K - $134.09K
Monthly Rentals
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Year Built
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Completion Status
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Location
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Number of units
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Sales Prices
$97.58K - $368.86K
Monthly Rentals
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Year Built
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Completion Status
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Project Name
The Prego green
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
300
Sales Prices
$99.33K - $613.5K
▲ 2% overpriced
Monthly Rentals
$730 - $2.19K
Year Built
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Completion Status
Completed
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
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Sales Prices
$55.22K - $64.24K
▼ -50% underpriced
Monthly Rentals
$453
Year Built
Jan 2022
Completion Status
Completed
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