2 Bedroom Townhouse for sale at Biz Point 9

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San Phranet, San Sai,Chiang Mai

Unit ID: U85566

2 Bedrooms

4 Bathrooms

136 SqM Indoor Area

3 Storeys

May 2010 Completed

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Sale Price

฿8,000,000

About This Townhouse

This property is a 136 SqM townhouse with 2 bedrooms and 4 bathrooms that is available for sale. It is part of the Biz Point 9 project in San Phranet, Chiang Mai and was completed in May 2010. You can buy this townhouse for a base price of ฿8,000,000 (฿58,824/SqM).

Features

Covered Parking

Corner Unit

Balcony

Basic Information

Date Listed Oct 9, 2019

Updated 3 years ago

Property Type Townhouse

Storeys 3

Location San Phranet, Chiang Mai

Bedrooms 2

Nearest Landmark Chiang Mai Bus Terminal 2 Arcade -4.1 Km

Indoor Area 136 SqM

Price per SqM ฿58,824

Outdoor Area

N/A

Plot Size 112 SqM

Pets Not Allowed

Townhouse Ownership

Thai Ownership

Land Ownership

Thai Ownership

Land Title Deed N/A

Construction Completed (May 2010)

Furniture

Built In

View(s) N/A

Unit Type N/A

Parking Spots N/A

Pool Size N/A

CAM Fee

N/A

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U85566

Price Analysis

Above Average

Estimated market value ฿6,396,278

Great

Good

Fair

Above

Current asking Price: ฿8,000,000

This townhouse is ฿1,603,722 ABOVE MARKET (25%) in the Chiang Mai area. It is analyzed against similar townhouses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.

Investment Opportunity: Charges & Yield

Sale Price

฿8,000,000

Project Details

Project Name: Biz Point 9

Developer: N/A

Construction: Completed (May 2010)

Units: 36

Project Area: N/A

Nearest Landmark Chiang Mai Bus Terminal 2 Arcade - 4.1 Km

Location: San Phranet, Chiang Mai

Biz Point 9 Project Details

Project Features

24H Security

CCTV (Video Surveillance)

Car Parking

Available Units at Biz Point 9

All
2 Beds

Get notified when new homes are being added to Biz Point 9

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Frequently Asked Questions

Chiang Mai Bus Terminal 2 Arcade is the nearest Bus Terminal from Biz Point 9 and it is 4.1 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 Biz Point 9 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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