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    3 Bedroom House for sale at Siwalee Choeng Doi
    Mae Hia, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $227,000
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    3 Bedroom House for sale at Siwalee Choeng Doi
    (1 Review)
    Unit ID: U1912966
    5% Rental Yield
    Tenant-Occupied until Aug 15, 2025
    Mae Hia, Mueang Chiang Mai,Chiang Mai
    $227,000
    3 Bedrooms
    2.5
    Bathrooms
    1,981 Sqft
    Indoor Area
    2
    Storeys
    Completed
    9
    Sale Price
    $227,000

    About This House

    This property is a 1,981 Sqft house with 3 bedrooms and 2.5 bathrooms that is available for sale. It is part of the project in Mae Hia, Chiang Mai. You can buy this house for a base price of $227,000 ($115/Sqft) and it is also available for long term rentals starting from $950 per month.

    House for sale

    Welcome to this beautiful, 184 SqM house that is just waiting for you to make it home! Boasting 3 bedrooms and 2.5 bathrooms, this house is the perfect size for a growing family. Perfectly located in the Soi 9 Siwalee Choeng Doi project in Mae Hia, Chiang Mai, you can experience the best of what the city has to offer.This particular property was fully completed in December 2013 and is still in prime condition today. Homeowners can enjoy beautiful views of the city, modern amenities, and easy access to public transportation. The house is now up for sale and listed at an incredibly low base price of ฿7,900,000. Take advantage of this great deal while you can, as it won't last long!With all that this property has to offer, this is a true steal and an opportunity you can't afford to pass up. Invest in your future and take a leap of faith with this house. Contact us today to inquire about this amazing property and make it yours! You won't be disappointed!

    Features

    Pool AccessPool Access Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV Cable TVCable TV

    Basic Information

    Date Listed Aug 16, 2024
    Updated 2 months ago
    Property Type House
    Storeys 2
    Location Mae Hia, Chiang Mai
    Bedrooms 3
    Nearest Landmark Chiang Mai International Airport -6 Km
    Indoor Area 1,981 Sqft
    Price per Sqft $115
    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 2,971 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.

    Foreign Ownership, Thai Ownership, Company, Leasehold
    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, Company, Leasehold
    Land Title Deed Chanote
    Construction Completed
    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.
    $31/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1912966

    Investment Opportunity: Charges & Yield

    Sale Price
    $227,000
    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.
    $31/mo
    Rent
    $950/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.
    20
    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.
    5%

    Project Details

    Project Name: Siwalee Choeng Doi
    Developer: Land and Houses
    Construction: Completed (Dec 2013)
    Units: 226
    Project Area: N/A
    Nearest Landmark Chiang Mai International Airport - 6 Km
    Location: Mae Hia, Chiang Mai
    Siwalee Choeng Doi 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 Siwalee Choeng Doi

    For Sale 4 For Rent 9
    • All
    • 3 Beds
    • 5 Beds
    Get notified when new homes are being added to Siwalee Choeng Doi
    View All (4)

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    Frequently Asked Questions

    Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Siwalee Choeng Doi.
    The common area maintenance fee for properties at Siwalee Choeng Doi is a fixed amount of $31. This amount 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.
    Chiang Mai International Airport is the nearest Airport from Siwalee Choeng Doi and it is 6 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 Siwalee Choeng Doi 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

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    A great project
    Cherry Lee, China, 4 years ago
    There is an excellent management team, solving problems quickly. Also, the common area is clean and well-maintained. Besides, the security guards are polite and friendly. The surrounding atmosphere is quiet and cozy. The house options are also available in a wide variety of sizes and types. The house is designed and used with standard materials typical of Land and House. The view is more beautiful than I expected, overlooking the lake and Doi Kham mountain. Most importantly, the location is also excellent. There are many great restaurants nearby, and it takes less than 10 minutes to get to the international airport. It's well worth it.
    Chiang Mai
    Mae Hia

    Neighborhood Overview

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