Unit ID: U1407142
2% Rental Yield
San Phak Wan, Hang Dong,Chiang Mai
$86,000
4 Bedrooms
4
Bathrooms
2,573 Sqft
Indoor Area
2
Storeys
Completed

About This House

This property is a 2,573 Sqft house with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in San Phak Wan, Chiang Mai. You can buy this house for a base price of $86,000 ($33/Sqft).

Basic Information

Date Listed Jun 29, 2023
Updated 1 year ago
Property Type House
Storeys 2
Location San Phak Wan, Chiang Mai
Bedrooms 4
Nearest Landmark Makro Hangdong -2.5 Km
Indoor Area 2,573 Sqft
Price per Sqft $33
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
248 Sqft
Plot Size 1,507 Sqft
Pets All Kind of Pets 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 Chanote
Construction Completed
Furniture
Unfurnished
View(s) N/A
Unit Type N/A
Parking Spots 1
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
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1407142

Investment Opportunity: Charges & Yield

Sale Price
$86,000
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.
44

Project Details

Project Name: Baan Kwanwieng
Developer: N/A
Construction: Completed (Jan 2017)
Units: 379
Project Area: N/A
Nearest Landmark Makro Hangdong - 2.5 Km
Location: San Phak Wan, Chiang Mai
Baan Kwanwieng Project Details

Project Features

24H Security 24H Security
Car Parking Car Parking

Available Units at Baan Kwanwieng

For Sale 2 For Rent 2
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Frequently Asked Questions

All kind of pets are allowed at Baan Kwanwieng including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Makro Hangdong is the nearest Shopping Mall from Baan Kwanwieng and it is 2.5 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 Baan Kwanwieng 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

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Chiang Mai
San Phak Wan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Baan Kwanwieng

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
N/A
Sales Prices
$218.54K
Monthly Rentals
$408 - $1.31K
Year Built
May 2008
Completion Status
Completed
Project Name
Proud Kwang Wiang
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
4
Sales Prices
$218.24K
Monthly Rentals
$1.17K - $2.48K
Year Built
N/A
Completion Status
Completed
Project Name
Baan Nuntima
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
56
Sales Prices
$180.36K - $290.8K
Monthly Rentals
N/A
Year Built
Jan 2009
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
209
Sales Prices
$36.42K
Monthly Rentals
N/A
Year Built
Jan 2013
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
N/A
Sales Prices
$36.42K - $55.36K
Monthly Rentals
$248 - $291
Year Built
N/A
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
66
Sales Prices
$323.43K - $358.4K
▲ 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
374
Sales Prices
$87.12K - $116.55K
Monthly Rentals
$670 - $728
Year Built
Feb 2014
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
35
Sales Prices
$87.12K - $110.72K
Monthly Rentals
$437
Year Built
Dec 2010
Completion Status
Completed
Project Name
The Celio
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
174
Sales Prices
$70.81K - $160.26K
▼ -6.4% underpriced
Monthly Rentals
$437 - $728
Year Built
Aug 2013
Completion Status
Completed
Project Name
Mooban Wangtan
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
N/A
Sales Prices
$229.9K - $845K
Monthly Rentals
$1.89K
Year Built
Oct 2023
Completion Status
Completed
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