Unit ID: U440329
4% Rental Yield
San Phak Wan, Hang Dong,Chiang Mai
$208,000
3 Bedrooms
3
Bathrooms
1,755 Sqft
Indoor Area
2
Storeys
Oct 2017
Completed

About This Townhouse

This property is a 1,755 Sqft townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in San Phak Wan, Chiang Mai and was completed in Oct 2017. You can buy this townhouse for a base price of $208,000 ($119/Sqft).

Best Price Promise: Luxe Townhouse Living at Its Finest!

With a "Best Price Guarantee" for this fabulous and conveniently located townhouse, now is the time to enquire. This delectable three bedroom, three bathroom unit of 163 square meters is the epitome of alluring living near the green hills of San Phak Wan, Chiang Mai. Constructed and completed in October 2017, this luxurious unit is part of the Malada Maz Project, also offering a modern lifestyle within easy access to the city.This stunning "lock and go" asset offers stylish, quality touches and finishes. This unique property has a modern kitchenette with stainless steel appliances and ample storage. Natural light floods through expansive floor to ceiling windows to encompass the airy yet cozy feel with unparalleled views of the city scape.The fully equipped bathrooms offer the utmost in convenient luxury, while the master suite with separate his/her bath. Each roomy, bright bedroom features spacious built-in closets. Living and dining areas are of generous proportions.The buyer will also benefit from a large private balcony for enjoyment, and a terrace for effortless entertaining. The building also includes a fitness center, swimming pool, and nearby is a newly built tennis court.Buyers may take advantage of our unbeatable price, and make this desirable townhouse their own. With the "Best Price Guarantee," enquire now and start living the dream, perfect for investment or personal enjoyment.

Features

TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Mar 9, 2020
Updated 4 years ago
Property Type Townhouse
Storeys 2
Location San Phak Wan, Chiang Mai
Bedrooms 3
Nearest Landmark Kad Farang Village -1.9 Km
Indoor Area 1,755 Sqft
Price per Sqft $119
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 1,959 Sqft
Pets All Kind of Pets Allowed
Townhouse Ownership

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

Thai Ownership, Company
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
Land Title Deed N/A
Construction Completed (Oct 2017)
Furniture
Unfurnished
View(s) Mountain View, Garden View
Unit Type Smart
Parking Spots N/A
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.
$26/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U440329

Investment Opportunity: Charges & Yield

Sale Price
$208,000
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.
$26/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.
24
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 Malada Maz, and the current sales price.
4%

Project Details

Project Name: Malada Maz
Developer: Malada
Construction: Completed (Oct 2017)
Units: 116
Project Area: 246,106 Sqft
Nearest Landmark Kad Farang Village - 1.9 Km
Location: San Phak Wan, Chiang Mai
Malada Maz 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 Malada Maz

  • Communal Pool
    Ground Floor
  • Communal Gym
    2nd Floor

Available Units at Malada Maz

For Sale 18 For Rent 5
Updated 2 months ago
Available Units at Malada Maz
$128,000
$65/Sqft
Beds 2 Beds
Baths 3 Baths
Size 1,970 Sqft Size
Plot Size 1,163 Sqft Plot Size
Unfurnished
Available Units at Malada Maz
$129,000$144,000
$61/Sqft
Great Price
Beds 3 Beds
Baths 3 Baths
Size 2,142 Sqft Size
Plot Size 1,587 Sqft Plot Size
Fully Furnished Garden View
Available Units at Malada Maz
$111,000
$70/Sqft
Great Price
Beds 3 Beds
Baths 3 Baths
Size 1,593 Sqft Size
Plot Size 1,029 Sqft Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
$175,000
$82/Sqft
Beds 2 Beds
Baths 4 Baths
Size 2,142 Sqft Size
Plot Size 1,765 Sqft Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
$105,000
$56/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,884 Sqft Size
Plot Size 409 Sqft Plot Size
Unfurnished
Available Units at Malada Maz
$106,000
$66/Sqft
Great Price
Beds 3 Beds
Baths 3 Baths
Size 1,615 Sqft Size
Plot Size 990 Sqft Plot Size
Unfurnished Unblocked Open View
Available Units at Malada Maz
$139,000
$79/Sqft
Good Price
Beds 3 Beds
Baths 3 Baths
Size 1,755 Sqft Size
Plot Size 1,528 Sqft Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
$215,000
$107/Sqft
Beds 2 Beds
Baths 3 Baths
Size 2,013 Sqft Size
Plot Size 1,008 Sqft Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
$143,000
$82/Sqft
Great Price
Beds 3 Beds
Baths 3 Baths
Size 1,755 Sqft Size
Plot Size 1,795 Sqft Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
$246,000
$115/Sqft
Beds 2 Beds
Baths 4 Baths
Size 2,142 Sqft Size
Plot Size 1,477 Sqft Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
$156,000
$89/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,755 Sqft Size
Plot Size 2,192 Sqft Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
$168,000
$105/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,593 Sqft Size
Plot Size 1,020 Sqft Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
$183,000
$77/Sqft
Beds 3 Beds
Baths 4 Baths
Size 2,379 Sqft Size
Plot Size 2,071 Sqft Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
$184,000
$77/Sqft
Beds 3 Beds
Baths 4 Baths
Size 2,379 Sqft Size
Plot Size 1,946 Sqft Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
$191,000
$109/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,755 Sqft Size
Plot Size 1,481 Sqft Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
$208,000
$119/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,755 Sqft Size
Plot Size 1,959 Sqft Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
$215,000
$101/Sqft
Beds 3 Beds
Baths 4 Baths
Size 2,142 Sqft Size
Plot Size 1,008 Sqft Plot Size
Unfurnished Mountain View
Available Units at Malada Maz
$216,000
$101/Sqft
Beds 3 Beds
Baths 4 Baths
Size 2,142 Sqft Size
Plot Size 1,012 Sqft Plot Size
Unfurnished Mountain View
Get notified when new homes are being added to Malada Maz
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Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
$575
1st Installment
Upon contract signing
$1,440
2nd Installment
Before handover
$2,010
3rd Installment
On handover
100%

Frequently Asked Questions

All kind of pets are allowed at Malada Maz including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at Malada Maz is a fixed amount of $26. 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.
Kad Farang Village is the nearest Shopping Mall from Malada Maz and it is 1.9 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 Malada Maz 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
$575
1st Installment
Upon contract signing
$1,440
2nd Installment
Before handover
$2,010
3rd Installment
On handover
100%


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
San Phak Wan

Neighborhood Overview

Location and Neighborhood

Street View

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