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    3 Bedroom House for sale at Palm Ville Khuang Sing Intersection-Chotana Rd.
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $210,000
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    3 Bedroom House for sale at Palm Ville Khuang Sing Intersection-Chotana Rd.
     (Write Review)
    Unit ID: U1851264
    12% Rental Yield
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
    $210,000
    3 Bedrooms
    3
    Bathrooms
    2,519 Sqft
    Indoor Area
    2
    Storeys
    Aug 2022
    Completed
    19
    Sale Price
    $210,000

    About This House

    This property is a 2,519 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Chang Phueak, Chiang Mai and was completed in Aug 2022. You can buy this house for a base price of $210,000 ($83/Sqft).

    Good Area Corner House next to the Garden at Palm Ville

    Homepage Project Palm City Singha News by Palm Springs-House on corner) Suthep Mountain View- Near Nimmarn Rd. 7 min- Near Tanin Market- Near Lanna Hospital- Clubhouse and fitness - Center-24-hour security-CCTV around the Village

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

    Basic Information

    Date Listed May 29, 2024
    Updated 2 months ago
    Property Type House (Single Detached)
    Storeys 2
    Location Chang Phueak, Chiang Mai
    Bedrooms 3
    Nearest Landmark Lanna Golf Course -0.3 Km
    Indoor Area 2,519 Sqft
    Price per Sqft $83
    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 2,898 Sqft
    Pets Cats and Dogs (small only)
    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 (Aug 2022)
    Furniture
    Unfurnished
    View(s) Garden View
    Unit Type N/A
    Parking Spots 3
    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.
    $39/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1851264

    Investment Opportunity: Charges & Yield

    Sale Price
    $210,000
    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.
    $39/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.
    9
    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 Palm Ville Khuang Sing Intersection-Chotana Rd., and the current sales price.
    12%

    Project Details

    Project Name: Palm Ville Khuang Sing Intersection-Chotana Rd.
    Developer: Palm Springs Place Co., Ltd.
    Construction: Completed (Jan 2021)
    Units: 315
    Project Area: 1,413,947 Sqft
    Nearest Landmark Lanna Golf Course - 0.3 Km
    Location: Chang Phueak, Chiang Mai
    Palm Ville Khuang Sing Intersection-Chotana Rd. Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)

    Popular Facilities at Palm Ville Khuang Sing Intersection-Chotana Rd.

    • All
    • Fitness
    • Leisure
    3
    • Clubhouse
      1st Floor
    • Communal Pool
      1st Floor
    • Communal Gym
      1st Floor

    Available Units at Palm Ville Khuang Sing Intersection-Chotana Rd.

    For Sale 2 For Rent 1
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Palm Ville Khuang Sing Intersection-Chotana Rd.
    View All (2)

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    Frequently Asked Questions

    All kind of pets are allowed at Palm Ville Khuang Sing Intersection-Chotana Rd. including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is $0 per square meter based on the plot size of the property and is $39 for this house. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
    Lanna Golf Course is the nearest Golf from Palm Ville Khuang Sing Intersection-Chotana Rd. and it is 0.3 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 Palm Ville Khuang Sing Intersection-Chotana Rd. you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $578
    1st Installment
    Upon contract signing
    $2,890
    Down Payment
    During th construction
    10%
    3rd Installment
    On handover
    90%


    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
    Chang Phueak

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