Unit ID: U1764438
7% Rental Yield
San Sai Noi, San Sai,Chiang Mai
$128,000
4 Bedrooms
3
Bathrooms
2,476 Sqft
Indoor Area
2
Storeys
Completed

About This House

This property is a 2,476 Sqft house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in San Sai Noi, Chiang Mai. You can buy this house for a base price of $128,000 ($52/Sqft) and it is also available for long term rentals starting from $785 per month.

Features

Rooftop TerraceRooftop Terrace TerraceTerrace BalconyBalcony Full Western KitchenFull Western Kitchen Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Mar 21, 2024
Updated 6 months ago
Property Type House (Single Detached)
Storeys 2
Location San Sai Noi, Chiang Mai
Bedrooms 4
Nearest Landmark Ruamchok Mall -1.7 Km
Indoor Area 2,476 Sqft
Price per Sqft $52
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
635 Sqft
Plot Size 3,111 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) Unblocked Open View
Unit Type N/A
Parking Spots 5
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.
$9/mo
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 U1764438

Investment Opportunity: Charges & Yield

Sale Price
$128,000
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.
$9/mo
Rent
$785/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.
14
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.
7%

Project Details

Project Name: Moo Baan Pimuk 1
Developer: N/A
Construction: Completed (Dec 2010)
Units: 300
Project Area: N/A
Nearest Landmark Ruamchok Mall - 1.7 Km
Location: San Sai Noi, Chiang Mai
Moo Baan Pimuk 1 Project Details

Project Features

Car Parking Car Parking

Available Units at Moo Baan Pimuk 1

For Sale 5 For Rent 2
Get notified when new homes are being added to Moo Baan Pimuk 1
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Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Moo Baan Pimuk 1 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Ruamchok Mall is the nearest Shopping Mall from Moo Baan Pimuk 1 and it is 1.7 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 Moo Baan Pimuk 1 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 Sai Noi

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Moo Baan Pimuk 1

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Year Built
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Location
Number of units
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Project Name
Rinrada Sansai
Location
San Sai Noi, San Sai, Chiang Mai
Number of units
120
Sales Prices
$152.51K
Monthly Rentals
N/A
Year Built
Aug 2019
Completion Status
Completed
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San Sai Noi, San Sai, Chiang Mai
Number of units
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$80.57K - $129.49K
▼ -43% underpriced
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Number of units
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$158.26K - $345.3K
▲ 4% overpriced
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Completed
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San Sai Noi, San Sai, Chiang Mai
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$129.49K
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Year Built
Feb 2012
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San Sai Noi, San Sai, Chiang Mai
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Sales Prices
$109.63K - $267.32K
▼ -9% underpriced
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N/A
Year Built
Jan 2020
Completion Status
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Baan Karnkanok 20
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San Sai Noi, San Sai, Chiang Mai
Number of units
215
Sales Prices
$135.24K - $201.42K
Monthly Rentals
$719 - $921
Year Built
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Completion Status
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Project Name
Baan Pornping 2
Location
San Sai Noi, San Sai, Chiang Mai
Number of units
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Sales Prices
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Monthly Rentals
N/A
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Location
San Sai Noi, San Sai, Chiang Mai
Number of units
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Sales Prices
$56.11K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Baan Kluai Mai
Location
San Sai Noi, San Sai, Chiang Mai
Number of units
124
Sales Prices
$152.22K
Monthly Rentals
N/A
Year Built
Jan 2019
Completion Status
Completed
Project Name
Tropical Regent 1
Location
San Sai Noi, San Sai, Chiang Mai
Number of units
205
Sales Prices
$138.12K - $258.97K
▲ 8% overpriced
Monthly Rentals
$1.01K
Year Built
Jul 2013
Completion Status
Completed
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