Unit ID: U1887793
8% Rental Yield
Tenant-Occupied until Jul 10, 2025
Rim Tai, Mae Rim,Chiang Mai
$257,000
4 Bedrooms
3
Bathrooms
2,885 Sqft
Indoor Area
2
Storeys
Completed

About This House

This property is a 2,885 Sqft house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Rim Tai, Chiang Mai. You can buy this house for a base price of $257,000 ($89/Sqft) and it is also available for long term rentals starting from $1,730 per month.

Modern Luxury House next to the Golf course

Exquisite Residence in Green Valley Development: Modern Mediterranean Elegance Location: Rim Tai Subdistrict, Mae Rim District, Chiang Mai Province Property Details: Land Area: 94 square wah Two-story residence featuring 4 bedrooms, 3 bathrooms, a spacious living area, well-appointed kitchen, and parking space for 2 vehicles Additional amenities include a laundry room, front garden, and a 3x7-meter swimming pool Total living space spans 268 square meters Fully furnished with modern conveniences such as air conditioning, water heater, and tasteful furnishings Ready for immediate occupancy within a meticulously planned community offering 24-hour security Strategic Advantages: Positioned on an 8-meter-wide thoroughfare for easy accessibility Proximity to essential amenities including healthcare facilities and local markets Prime location within the heart of Mae Rim District, just 16 kilometers from the bustling city center of Chiang Mai Multiple transportation routes provide convenient ingress and egress Offering with direct negotiation available with the owner Ownership documentation, including title deed, is prepared for seamless transfer Experience the epitome of modern luxury living in this distinguished residence nestled within the esteemed Green Valley development. Contact us today to arrange a private viewing or for further inquiries.

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub OvenOven

Basic Information

Date Listed Jul 3, 2024
Updated 5 months ago
Property Type House (Single Detached)
Storeys 2
Location Rim Tai, Chiang Mai
Bedrooms 4
Nearest Landmark Summit Green Valley Chiangmai -0.7 Km
Indoor Area 2,885 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 4,047 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
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) Pool View, 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 U1887793

Investment Opportunity: Charges & Yield

Sale Price
$257,000
Rent
$1,730/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.
12
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.
8%

Project Details

Project Name: Green Valley Village
Developer: N/A
Construction: Completed
Units: 2
Project Area: N/A
Nearest Landmark Summit Green Valley Chiangmai - 0.7 Km
Location: Rim Tai, Chiang Mai
Green Valley Village Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Green Valley Village

For Sale 1 For Rent 2
Get notified when new homes are being added to Green Valley Village
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Frequently Asked Questions

All kind of pets are allowed at Green Valley Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Summit Green Valley Chiangmai is the nearest Golf from Green Valley Village and it is 0.7 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 Green Valley Village 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
Rim Tai

Neighborhood Overview

Location and Neighborhood

Street View

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