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    4 Bedroom House for sale at Lanna Thara Village
    Nong Khwai, Hang Dong,Chiang Mai
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    Sale Price
    $588,000
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    4 Bedroom House for sale at Lanna Thara Village
    (1 Review)
    Unit ID: U176559
    6% Rental Yield
    Nong Khwai, Hang Dong,Chiang Mai
    $588,000 Great Price
    4 Bedrooms
    5
    Bathrooms
    5,382 Sqft
    Indoor Area
    2
    Storeys
    Jan 2010
    Completed
    24
    Sale Price
    $588,000
    Good Price

    About This House

    This property is a 5,382 Sqft house with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Nong Khwai, Chiang Mai and was completed in Jan 2010. You can buy this house for a base price of $588,000 ($109/Sqft).

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit Maids QuartersMaids Quarters BalconyBalcony Full Western KitchenFull Western Kitchen

    Basic Information

    Date Listed Sep 19, 2019
    Updated 4 years ago
    Property Type House
    Storeys 2
    Location Nong Khwai, Chiang Mai
    Bedrooms 4
    Nearest Landmark Chiang Mai International Airport -4.6 Km
    Indoor Area 5,382 Sqft
    Price per Sqft $109
    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 8,654 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.

    N/A
    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 N/A
    Construction Completed (Jan 2010)
    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 4m x 8m
    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 U176559

    Investment Opportunity: Charges & Yield

    Sale Price
    $588,000
    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.
    16
    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: Lanna Thara Village
    Developer: N/A
    Construction: Completed (Jan 2010)
    Units: 60
    Project Area: N/A
    Nearest Landmark Chiang Mai International Airport - 4.6 Km
    Location: Nong Khwai, Chiang Mai
    Lanna Thara Village Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking
    Sauna Sauna

    Available Units at Lanna Thara Village

    For Sale 5 For Rent 5
    • All
    • 4 Beds
    • 6 Beds
    • 7 Beds
    Get notified when new homes are being added to Lanna Thara Village
    View All (5)

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    Frequently Asked Questions

    All kind of pets are allowed at Lanna Thara Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Chiang Mai International Airport is the nearest Airport from Lanna Thara Village and it is 4.6 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 Lanna Thara 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

    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
    Beautiful project in Hang Dong area
    Estella T., France, 7 years ago
    It is a detached house project with a beautiful entrance. The project's Lanna-style design appeals to me. My house is tastefully decorated and livable, and I was impressed by the amount of thought put into the project. I knew that I had made the right decision buying this house. The common area is incredibly good, like the swimming pool, the fitness room, the sauna, the 24-hour security system, etc. The neighbors here are friendly as well. By the way, the project is located near Hang Dong Market, Makro Hang Dong, and Big C Hang Dong. As a resident, I highly recommend this place. Last but not least, the location is excellent for real.
    Chiang Mai
    Nong Khwai

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