Unit ID: U73899
7% Rental Yield
San Phak Wan, Hang Dong,Chiang Mai
$116,000
3 Bedrooms
4
Bathrooms
1,615 Sqft
Indoor Area
2
Storeys
Aug 2013
Completed

About This House

This property is a 1,615 Sqft house with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in San Phak Wan, Chiang Mai and was completed in Aug 2013. You can buy this house for a base price of $116,000 ($72/Sqft).

The Celio: An Unbeatable Oasis in the City

Nestled in the picturesque town of San Phak Wan, along the river of Chiang Mai, is a unique modern abode up for grabs. Measuring a generous 150sqm, The Celio, completed in mid-August 2013, comes equipped with all the amenities of modern living condensed into the perfect city living space.Step inside the sleek interior to discover a world of finishings from the soft-toned imported wood flooring, to the glossy contemporary kitchen. By day enjoy the warmth and ambience of the natural light that pours through the spacious bedrooms, bathroom, and large living areas. By night, marvel at the extraordinary views from the balconies that provide a breathtaking view from four stories up.Featuring three bedrooms and four bathrooms, The Celio has plenty of room to relax and entertain in. The top-level living area is the perfect spot to host guests and family, and the fully-equipped kitchen makes it easy to whip up something special. The bathrooms are fully-functional and modish, easy to clean and fuss free, as well as offer a flexible and practical option when it comes to guests.The Celio offers a unique opportunity to secure a unique property at an unbeatable price. Competitively priced at a base rate of ฿4,030,000 (฿26,867/SqM), this is the time to invest in the perfect refuge from the chaos of city living.Do not miss out! Come and take a look yourself at The Celio and experience its beauty first-hand before it is too late. Contact us now to find out more about this once-in-a-lifetime opportunity.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed May 9, 2018
Updated 4 years ago
Property Type House
Storeys 2
Location San Phak Wan, Chiang Mai
Bedrooms 3
Nearest Landmark Chiang Mai International Airport -9 Km
Indoor Area 1,615 Sqft
Price per Sqft $72
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 2,153 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.

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.

Leasehold
Land Title Deed N/A
Construction Completed (Aug 2013)
Furniture
Unfurnished
View(s) Garden View, Blocked View
Unit Type EV150
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
Developer
Electricity Price N/A
Water Price N/A
Unit ID U73899

Investment Opportunity: Charges & Yield

Sale Price
$116,000
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.
14
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 The Celio, and the current sales price.
7%

Project Details

Project Name: The Celio
Developer: CM Lanna Property
Construction: Completed (Aug 2013)
Units: 174
Project Area: 726,478 Sqft
Nearest Landmark Chiang Mai International Airport - 9 Km
Location: San Phak Wan, Chiang Mai
The Celio Project Details

Project Features

Communal Pool Communal Pool
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Communal Garden Area Communal Garden Area

Available Units at The Celio

For Sale 11 For Rent 5
Get notified when new homes are being added to The Celio
View All (11)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at The Celio including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai International Airport is the nearest Airport from The Celio and it is 9 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 The Celio 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
Convenient to travel around
Narong Meechai, Thailand, 5 years ago
It is another detached house project that has a modern and very strict security system. Most importantly, there are 6 types of houses to choose from, but only 3 bedrooms are available. The house here faces the wind direction, making the inside of the house relatively cool and well ventilated. The atmosphere around the project is shady because there are many trees here—anyone who wants to use the pool during the holidays, I recommend avoiding it if possible because many people will use the service during the holidays. In terms of location, it is considered ok, convenient to travel, and close to Big C Super Center, where I can easily buy food.
Chiang Mai
San Phak Wan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Celio

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
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
66
Sales Prices
$320.86K - $355.55K
▲ 10.3% overpriced
Monthly Rentals
N/A
Year Built
Dec 2019
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
151
Sales Prices
$60.7K - $80.65K
Monthly Rentals
N/A
Year Built
Nov 2014
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
N/A
Sales Prices
$216.8K
Monthly Rentals
$405 - $1.3K
Year Built
May 2008
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
90
Sales Prices
$83.54K - $222.58K
Monthly Rentals
$491 - $1.16K
Year Built
N/A
Completion Status
Completed
Project Name
Proud Kwang Wiang
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
4
Sales Prices
$216.51K
Monthly Rentals
$1.16K - $2.46K
Year Built
N/A
Completion Status
Completed
Project Name
Baan Kwanwieng
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
379
Sales Prices
$56.37K - $85.27K
Monthly Rentals
$376 - $578
Year Built
Jan 2017
Completion Status
Completed
Project Name
Baan Nuntima
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
56
Sales Prices
$178.93K - $288.49K
Monthly Rentals
N/A
Year Built
Jan 2009
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
43
Sales Prices
$102.96K - $1.47M
Monthly Rentals
N/A
Year Built
Jun 2025
Completion Status
Made To Order
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
3
Sales Prices
$476.96K - $520.32K
▼ -4.5% underpriced
Monthly Rentals
$2.89K - $3.47K
Year Built
Sep 2019
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
85
Sales Prices
$78.05K
Monthly Rentals
N/A
Year Built
Dec 2012
Completion Status
Completed
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