Unit ID: U1933396
4% Rental Yield
San Phisuea, Mueang Chiang Mai,Chiang Mai
$520,000
4 Bedrooms
5
Bathrooms
3,391 Sqft
Indoor Area
2
Storeys
Aug 2016
Completed

About This House

This property is a 3,391 Sqft house with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in San Phisuea, Chiang Mai and was completed in Aug 2016. You can buy this house for a base price of $520,000 ($153/Sqft).

Stunning Tudor-Style Home for Sale Across from Promenada

Stunning Tudor-Style Home for Sale Across from Promenada Chiang Mai Reduced Price! Now asking 18 million baht, down from 18.5 million. This price adjustment allows for your personal touch. Free Interior Design with any serious offer! Located in the heart of Chiang Mai, this beautifully maintained 315 square meter home sits on a spacious 133 square wah plot. Enjoy easy access to the city and the convenience of living directly opposite Promenada shopping mall. Key Features:
  • South-facing: Enjoy natural light and a cool breeze all year round.
  • High-quality materials: Built with the finest materials for lasting durability.
  • Beautiful landscaping: A meticulously designed garden adds to the property's charm.
  • Spacious: With 4 bedrooms and 5 bathrooms, there's plenty of room for your family.
  • Parking: Ample parking for up to 4 vehicles.
  • Tudor style: A classic and timeless architectural design.
Contact us today to arrange a viewing.

Features

Pool AccessPool Access Covered ParkingCovered Parking

Basic Information

Date Listed Sep 13, 2024
Updated 2 months ago
Property Type House
Storeys 2
Location San Phisuea, Chiang Mai
Bedrooms 4
Nearest Landmark San sai new golf -2.5 Km
Indoor Area 3,391 Sqft
Price per Sqft $153
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 5,726 Sqft
Pets Cats and Dogs (small only)
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 2016)
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) City View
Unit Type N/A
Parking Spots 4
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 U1933396

Investment Opportunity: Charges & Yield

Sale Price
$520,000
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.
26
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 4 bedroom houses at Laddarom Elegance, and the current sales price.
4%

Project Details

Project Name: Laddarom Elegance
Developer: N/A
Construction: Completed (Jan 2021)
Units: 119
Project Area: N/A
Nearest Landmark San sai new golf - 2.5 Km
Location: San Phisuea, Chiang Mai
Laddarom Elegance Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Communal Garden Area Communal Garden Area

Available Units at Laddarom Elegance

For Sale 1 For Rent 1
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Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Laddarom Elegance.
San sai new golf is the nearest Golf from Laddarom Elegance 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 Laddarom Elegance 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 Phisuea

Neighborhood Overview

Location and Neighborhood

Street View

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