Unit ID: U647306
6% Rental Yield
Nong Khwai, Hang Dong,Chiang Mai
$1,080,000
4 Bedrooms
6
Bathrooms
8,073 Sqft
Indoor Area
1
Storeys
Jan 2010
Completed

About This House

This property is a 8,073 Sqft house with 4 bedrooms and 6 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 $1,080,000 ($134/Sqft).

Huge single house in Lanna Thara 4bedrooms and 6 bathrooms

Huge single story house with lots of potential.
750sqm of indoor space, 553 sqw of land in a popular and safe housing community, Lanna Thara, close to International schools in Hang Dong.

***This house needs a lot of renovation but if you are willing to do the work, you can make this in to an amazing property.***

Current layout : 4 bedrooms, 6 bathrooms, Big living and dining areas, Thai and Western kitchen, staff quarters, front and back entrance, huge garden, swimming pool, sala, and car port.

Land and house size are exceptionally big for a house in a housing community, so this is perfect for someone that wants a lot of space, both inside and outside.

Perfect for a family and superb to entertain guests.

This house is under renovation and construction pictures soon .

Features

Private PoolPrivate Pool Private GardenPrivate Garden Covered ParkingCovered Parking Maids QuartersMaids Quarters Outdoor SalaOutdoor Sala

Basic Information

Date Listed Dec 17, 2020
Updated 4 years ago
Property Type House (Single Detached)
Storeys 1
Location Nong Khwai, Chiang Mai
Bedrooms 4
Nearest Landmark Chiang Mai International Airport -4.6 Km
Indoor Area 8,073 Sqft
Price per Sqft $134
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 23,810 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, Company
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, Company
Land Title Deed N/A
Construction Completed (Jan 2010)
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) Garden View, Blocked View
Unit Type N/A
Parking Spots N/A
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 U647306

Investment Opportunity: Charges & Yield

Sale Price
$1,080,000
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 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 Lanna Thara Village, 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
Get notified when new homes are being added to Lanna Thara Village
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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

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lanna Thara Village

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Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
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Sales Prices
$542.72K - $1.73M
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Year Built
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Number of units
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Sales Prices
$131.12K - $247.67K
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Project Name
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$139.86K - $154.43K
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Number of units
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Sales Prices
$125.29K
Monthly Rentals
$583 - $874
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Completion Status
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Project Name
The Palm Garden 4
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
64
Sales Prices
$77.22K - $87.12K
Monthly Rentals
$437 - $481
Year Built
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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
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Completion Status
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Project Name
The Urbana 4
Location
Mae Hia, Hang Dong, Chiang Mai
Number of units
200
Sales Prices
$69.93K
Monthly Rentals
$437 - $641
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Completion Status
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Project Name
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Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
405
Sales Prices
$69.93K - $1.12M
▼ -26% underpriced
Monthly Rentals
$699 - $3.5K
Year Built
Nov 2014
Completion Status
Completed
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
60
Sales Prices
$142.78K - $189.4K
Monthly Rentals
N/A
Year Built
Dec 2017
Completion Status
Completed
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