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    4 Bedroom House for sale at Impress
    Rim Tai, Mae Rim,Chiang Mai
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    Sale Price
    $133,000
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    4 Bedroom House for sale at Impress
    (1 Review)
    Unit ID: U1171842
    6% Rental Yield
    Tenant-Occupied until Feb 1, 2025
    Rim Tai, Mae Rim,Chiang Mai
    $133,000
    4 Bedrooms
    3
    Bathrooms
    1,938 Sqft
    Indoor Area
    2
    Storeys
    Aug 2017
    Completed
    6
    Sale Price
    $133,000

    About This House

    This property is a 1,938 Sqft house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Rim Tai, Chiang Mai and was completed in Aug 2017. You can buy this house for a base price of $133,000 ($69/Sqft) and it is also available for long term rentals starting from $667 per month.

    House in Impress Maerim

    4 bedrooms 3 bedrooms 2 kitchens 2 parking lot on land 75 sq.wha

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen OvenOven TVTV

    Basic Information

    Date Listed Nov 15, 2022
    Updated 1 week ago
    Property Type House (Single Detached)
    Storeys 2
    Location Rim Tai, Chiang Mai
    Bedrooms 4
    Nearest Landmark Dararassamee Hospital -0.3 Km
    Indoor Area 1,938 Sqft
    Price per Sqft $69
    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 3,229 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 (Aug 2017)
    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.
    $26/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1171842

    Investment Opportunity: Charges & Yield

    Sale Price
    $133,000
    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
    Rent
    $667/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.
    17
    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.
    6%

    Project Details

    Project Name: Impress
    Developer: N/A
    Construction: Completed (Aug 2017)
    Units: 40
    Project Area: N/A
    Nearest Landmark Dararassamee Hospital - 0.3 Km
    Location: Rim Tai, Chiang Mai
    Impress Project Details

    Project Features

    Hotel Managed Hotel Managed
    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Clubhouse Clubhouse
    24H Security 24H Security
    Car Parking Car Parking

    Available Units at Impress

    For Sale 2 For Rent 1
    • All
    • 4 Beds
    Get notified when new homes are being added to Impress
    View All (2)

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    Frequently Asked Questions

    All kind of pets are allowed at Impress including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee for properties at Impress is a fixed amount of ฿908. 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.
    Dararassamee Hospital is the nearest Hospital from Impress and it is 0.3 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 Impress 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
    The large detached house is ideal for living with family.
    Namata Heru, Japan, 2 years ago
    This house is situated in a prosperous location which is very natural. The atmosphere is tranquil and private, which is perfect for my needs. The house was designed in Thai style, with a modern interior design. The living area is as spacious as 700 sq.m., featuring 4 bedrooms and 5 bathrooms. It is the best place to live with big families. The surrounding atmosphere is pleasant, surrounded by numerous plants, offering a relaxing atmosphere suitable for relaxing all day long. The facilities provided are comprehensive, whether the hotel managed, swimming pool, gym, garden, car parking, or the security guard on duty 24 hours. In general, I love it here cause it is one of the interesting options for big families who wish to spend their long vacation.
    Chiang Mai
    Rim Tai

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