Unit ID: U1905529
8% Rental Yield
San Phranet, San Sai,Chiang Mai
$163,000
4 Bedrooms
3
Bathrooms
2,476 Sqft
Indoor Area
2
Storeys
Apr 2002
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 Phranet, Chiang Mai and was completed in Apr 2002. You can buy this house for a base price of $163,000 ($66/Sqft) and it is also available for long term rentals starting from $1,060 per month.

Features

Garden AccessGarden Access Covered ParkingCovered Parking Fully RenovatedFully Renovated TVTV

Basic Information

Date Listed Jul 31, 2024
Updated 3 months ago
Property Type House
Storeys 2
Location San Phranet, Chiang Mai
Bedrooms 4
Nearest Landmark Chiang Mai Bus Terminal 2 Arcade -1.5 Km
Indoor Area 2,476 Sqft
Price per Sqft $66
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 3,789 Sqft
Pets Not Allowed
House Ownership

Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

Foreign Ownership, 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 N/A
Construction Completed (Apr 2002)
Furniture
Unfurnished
View(s) N/A
Unit Type N/A
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
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1905529

Investment Opportunity: Charges & Yield

Sale Price
$163,000
Rent
$1,060/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.
13
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.
8%

Project Details

Project Name: Sinthana Village
Developer: N/A
Construction: Completed (Apr 2002)
Units: 112
Project Area: N/A
Nearest Landmark Chiang Mai Bus Terminal 2 Arcade - 1.5 Km
Location: San Phranet, Chiang Mai
Sinthana Village Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Outdoor Kids Zone Outdoor Kids Zone

Available Units at Sinthana Village

For Sale 2 For Rent 3
Get notified when new homes are being added to Sinthana Village
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Frequently Asked Questions

Chiang Mai Bus Terminal 2 Arcade is the nearest Bus Terminal from Sinthana Village and it is 1.5 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at Sinthana 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

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 Phranet

Neighborhood Overview

Location and Neighborhood

Street View

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