Unit ID: U1846960
San Phisuea, Mueang Chiang Mai,Chiang Mai
$617,000
4 Bedrooms
5
Bathrooms
3,025 Sqft
Indoor Area
2
Storeys
Dec 2024
Off Plan

About This House

This property is a 3,025 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 it is scheduled for completion in Dec 2024. You can buy this house for a base price of $617,000 ($204/Sqft).

Features

Private GardenPrivate Garden Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed May 23, 2024
Updated N/A
Property Type House
Storeys 2
Location San Phisuea, Chiang Mai
Bedrooms 4
Nearest Landmark Hidden Village Chiang Mai -0.7 Km
Indoor Area 3,025 Sqft
Price per Sqft $204
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 N/A
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.

N/A
Land Title Deed N/A
Construction Off Plan (Dec 2024)
Furniture
Unfurnished
View(s) Garden View
Unit Type Victory
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.
N/A
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1846960

Investment Opportunity: Charges & Yield

Sale Price
$617,000

Project Details

Project Name: Setthasiri Ruamchok
Developer: Sansiri
Construction: Off Plan (Dec 2024)
Units: 84
Project Area: 499,445 Sqft
Nearest Landmark Hidden Village Chiang Mai - 0.7 Km
Location: San Phisuea, Chiang Mai
Setthasiri Ruamchok Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Kids Pool Kids Pool
Communal Garden Area Communal Garden Area
Solar Panels Solar Panels

Popular Facilities at Setthasiri Ruamchok

  • Clubhouse
    1st Floor

Available Units at Setthasiri Ruamchok

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Payment Plan

Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
$14,800
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

Frequently Asked Questions

All kind of pets are allowed at Setthasiri Ruamchok including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is $2 per square meter based on the plot size of the property and is 0 for this house. This fee 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.
Hidden Village Chiang Mai is the nearest Tourist Attraction from Setthasiri Ruamchok and it is 0.7 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

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

After you have found the right property at Setthasiri Ruamchok you have to follow these steps:

 

  • - Unit selection and agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - 1st Contract Payment
  • - Payment Installments
  • - Snag List
  • - Transfer

Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
$14,800
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

Read more here

 

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Chiang Mai
San Phisuea

Neighborhood Overview

Location and Neighborhood

Street View

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