Fifth Avenue Meechoke

5 (1 Review)

Nong Chom, San Sai, Chiang Mai

For Rent 1 Unit ฿20,100
Construction
Dec 2013 Completed
Floors
7 Floors
Units
223 Units

Fifth Avenue Meechoke in Nong Chom, Chiang Mai

Fifth Avenue Meechoke is a house and villa project located in Nong Chom, Chiang Mai and was completed in Dec 2013. It has 223 units across 7 floors

About Fifth Avenue Meechoke

Fifth Avenue is a condo development located in San Sai, Chiang Mai, Thailand. It is 6.9km from the city center with 223 condo units across 7 floors completed in January of 2014. It features a swimming pool, 24-hour security, CCTV, a reception/lobby area, car parking.

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Available Units at Fifth Avenue Meechoke

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Facilities

Leisure
Leisure
Communal Pool Communal Pool
Convenience
Convenience
Car Parking Car Parking
Reception Lobby Area Reception Lobby Area
Safety
Safety
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Management

Common Area Management Fee
Common Area Management Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿30/SqM

Frequently asked questions

Frequently asked questions about Fifth Avenue Meechoke
The common area maintenance fee at Fifth Avenue Meechoke is ฿4 per square meter based on the size of the indoor area of the property. This fee has to be paid every month 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.
Chiang Mai Bus Terminal 2 Arcade is the nearest Bus Terminal from Fifth Avenue Meechoke and it is 3.2 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.

 

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After you have found the right property at Fifth Avenue Meechoke you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 

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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?

 

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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.

 

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Reviews

Write a review
Maintenance
5
Staff / Security
5
Facilities on Site
5
Quality of Finishing
5
Value for Money
5
Location
5
I rented it to open as a restaurant
5 Layla T., Australia, 3 years ago
The townhouse has 3 stories for 2 bedrooms and 3 bathrooms in a reasonably large area but without furniture. I rented it to open as a restaurant because there are many offices here. The road in front of the house is wide enough to park both motorbikes and cars. As the project is near Chiang Mai-Phrao Road, the main road which I can reach in a few meters, It's convenient for the customers to find my restaurants.

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