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    4 Bedroom Villa for sale at Manthana Village Hangdong
    Ban Waen, Hang Dong,Chiang Mai
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    Sale Price
    $321,000
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    4 Bedroom Villa for sale at Manthana Village Hangdong
     (Write Review)
    Unit ID: U1366050
    8% Rental Yield
    Ban Waen, Hang Dong,Chiang Mai
    $321,000
    4 Bedrooms
    4
    Bathrooms
    4,306 Sqft
    Indoor Area
    2
    Storeys
    Jul 2015
    Completed
    16
    Sale Price
    $321,000

    About This Villa

    This property is a 4,306 Sqft villa with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Ban Waen, Chiang Mai and was completed in Jul 2015. You can buy this villa for a base price of $321,000 ($74/Sqft) and it is also available for long term rentals starting from $2,190 per month.

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace PondPond Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed Jan 10, 2023
    Updated 1 year ago
    Property Type Villa (Single Detached)
    Storeys 2
    Location Ban Waen, Chiang Mai
    Bedrooms 4
    Nearest Landmark Chiang Mai Premium Outlet -0.5 Km
    Indoor Area 4,306 Sqft
    Price per Sqft $74
    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 5,640 Sqft
    Pets All Kind of Pets Allowed
    Villa Ownership

    Foreign nationals can own the building (villa) 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 (Jul 2015)
    Furniture
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    View(s) Pool View, Garden View
    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
    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 U1366050

    Investment Opportunity: Charges & Yield

    Sale Price
    $321,000
    Rent
    $2,190/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.
    12
    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: Manthana Village Hangdong
    Developer: N/A
    Construction: Completed (Jul 2015)
    Units: 102
    Project Area: N/A
    Nearest Landmark Chiang Mai Premium Outlet - 0.5 Km
    Location: Ban Waen, Chiang Mai
    Manthana Village Hangdong Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)

    Available Units at Manthana Village Hangdong

    For Sale 2 For Rent 3
    • All
    • 4 Beds
    • 7 Beds
    Get notified when new homes are being added to Manthana Village Hangdong
    View All (2)

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    Frequently Asked Questions

    All kind of pets are allowed at Manthana Village Hangdong including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Chiang Mai Premium Outlet is the nearest Shopping Mall from Manthana Village Hangdong and it is 0.5 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 Manthana Village Hangdong 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
    Ban Waen

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