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    3 Bedroom House for sale at Passorn Pride Mahidol-Charoenmueang
    Ton Pao, San Kamphaeng,Chiang Mai
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    Sale Price
    $105,000
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    3 Bedroom House for sale at Passorn Pride Mahidol-Charoenmueang
    (1 Review)
    Unit ID: U68111
    6% Rental Yield
    Tenant-Occupied until Aug 8, 2025
    Ton Pao, San Kamphaeng,Chiang Mai
    $105,000
    3 Bedrooms
    2
    Bathrooms
    1,302 Sqft
    Indoor Area
    2
    Storeys
    Feb 2015
    Completed
    9
    Sale Price
    $105,000

    About This House

    This property is a 1,302 Sqft house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Ton Pao, Chiang Mai and was completed in Feb 2015. You can buy this house for a base price of $105,000 ($81/Sqft) and it is also available for long term rentals starting from $495 per month.

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed Mar 14, 2018
    Updated 1 month ago
    Property Type House
    Storeys 2
    Location Ton Pao, Chiang Mai
    Bedrooms 3
    Nearest Landmark Promenada Chiang Mai -3.2 Km
    Indoor Area 1,302 Sqft
    Price per Sqft $81
    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 1,636 Sqft
    Pets Not 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 (Feb 2015)
    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 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.
    $22/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U68111

    Investment Opportunity: Charges & Yield

    Sale Price
    $105,000
    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.
    $22/mo
    Rent
    $495/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.
    18
    Rental Yield
    This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    6%

    Project Details

    Project Name: Passorn Pride Mahidol-Charoenmueang
    Developer: Pruksa Real Estate
    Construction: Completed (Feb 2015)
    Units: 151
    Project Area: 453,254 Sqft
    Nearest Landmark Promenada Chiang Mai - 3.2 Km
    Location: Ton Pao, Chiang Mai
    Passorn Pride Mahidol-Charoenmueang 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
    Communal Garden Area Communal Garden Area

    Popular Facilities at Passorn Pride Mahidol-Charoenmueang

    • All
    • Leisure
    4
    • Clubhouse
      Ground Floor
    • Communal Garden Area
      Ground Floor

    Available Units at Passorn Pride Mahidol-Charoenmueang

    For Sale 4 For Rent 4
    • All
    • 3 Beds
    Get notified when new homes are being added to Passorn Pride Mahidol-Charoenmueang
    View All (4)

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    Frequently Asked Questions

    Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Passorn Pride Mahidol-Charoenmueang.
    The common area maintenance fee is $0 per square meter based on the plot size of the property and is $22 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.
    Promenada Chiang Mai is the nearest Shopping Mall from Passorn Pride Mahidol-Charoenmueang and it is 3.2 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 Passorn Pride Mahidol-Charoenmueang 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
    A nice village, lovely neighbor, and feeling safe to live
    Ongsri S., Thailand, 7 years ago
    The house in this project is reasonably priced. My wife and I just moved to Chiang Mai about five months ago. When I came across this project, I really liked it because the atmosphere was peaceful, and the design looks modern. Plus, there is complete furniture in the house which makes my life much easier, and the usable space is generous. Most importantly, it is 10-30 minutes by car to important places, such as Kum Kam Park, hospitals, shopping centers, restaurants, and fresh markets. Overall, I think this place is suitable for us!
    Chiang Mai
    Ton Pao

    Neighborhood Overview

    Location and Neighborhood

    Street View

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