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    3 Bedroom Townhouse for sale at Karnkanok 19
    Chang Khlan, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $115,000
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    3 Bedroom Townhouse for sale at Karnkanok 19
    (1 Review)
    Unit ID: U1908269
    6% Rental Yield
    Tenant-Occupied until Jun 30, 2025
    Chang Khlan, Mueang Chiang Mai,Chiang Mai
    $115,000
    3 Bedrooms
    2
    Bathrooms
    1,292 Sqft
    Indoor Area
    2
    Storeys
    Completed
    12
    Sale Price
    $115,000

    About This Townhouse

    This property is a 1,292 Sqft townhouse with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Chang Khlan, Chiang Mai. You can buy this townhouse for a base price of $115,000 ($89/Sqft).

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed Aug 8, 2024
    Updated 3 months ago
    Property Type Townhouse
    Storeys 2
    Location Chang Khlan, Chiang Mai
    Bedrooms 3
    Nearest Landmark Centralplaza Chiangmai Airport -1.6 Km
    Indoor Area 1,292 Sqft
    Price per Sqft $89
    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 4,090 Sqft
    Pets Not Allowed
    Townhouse Ownership

    Foreign nationals can own the building (townhouse) in their own name, but not the land that it stands on.

    Foreign Ownership, 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
    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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1908269

    Investment Opportunity: Charges & Yield

    Sale Price
    $115,000
    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.
    18
    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 townhouses at Karnkanok 19, and the current sales price.
    6%

    Project Details

    Project Name: Karnkanok 19
    Developer: Karnkanok Property Co., Ltd.
    Construction: Completed (Dec 2016)
    Units: 285
    Project Area: N/A
    Nearest Landmark Centralplaza Chiangmai Airport - 1.6 Km
    Location: Chang Khlan, Chiang Mai
    Karnkanok 19 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
    Sauna Sauna

    Available Units at Karnkanok 19

    For Sale 2 For Rent 9
    • All
    • 3 Beds
    Get notified when new homes are being added to Karnkanok 19
    View All (2)

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    Frequently Asked Questions

    All kind of pets are allowed at Karnkanok 19 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Centralplaza Chiangmai Airport is the nearest Shopping Mall from Karnkanok 19 and it is 1.6 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 Karnkanok 19 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
    I made the right decision.
    Wanchai T., Thailand, 8 years ago
    I moved into the townhouse of this project for a year now. I made the right decision in purchasing this 3 bedroom townhome throughout my stay here because I've never encountered any problems since I've been here. Importantly, the location is near The Far Eastern University, Robinson Department Store, and Rajavej Chiang Mai Hospital, making my daily life easier and more comfortable. Besides being a good location, it provides a complete range of facilities in the common area, such as the swimming pool, gym, and sauna, which ideally meet my living needs.
    Chiang Mai
    Chang Khlan

    Neighborhood Overview

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