3 Bedroom House for sale at Baan Karnkanok 12

5 (1 Review)
Nong Phueng, Saraphi,Chiang Mai
Unit ID: U677126
10% Rental Yield
฿3,914,000 Great Price
3 Bedrooms
3 Bathrooms
170 SqM Indoor Area
2 Storeys
Aug 2018 Completed

About This House

This property is a 170 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Baan Karnkanok 12 project in Nong Phueng, Chiang Mai and was completed in Aug 2018. You can buy this house for a base price of ฿3,914,000 (฿23,024/SqM).

Features

BalconyBalcony

Basic Information

Property Type House
Storeys 2
Location Saraphi, Chiang Mai
Bedrooms 3
Nearest Landmark Promenada Chiang Mai -2 Km
Indoor Area 170 SqM
Price per SqM ฿23,024
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 224 SqM
House Ownership

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

N/A
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 Completed (Aug 2018)
Furniture
Unfurnished
View(s) Garden View
Unit Type N/A
Parking Spots N/A
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
Date Listed Mar 26, 2021
Last Updated 1 year ago
Unit ID U677126

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿7,710,653
Great
฿8,050,000
Good
Fair
Above
฿8,200,000
Current asking Price: ฿3,914,000 | Rental estimate: ฿31,600/mo
This house is ฿3,796,653 BELOW MARKET (-49%) in the Chiang Mai area. It is analyzed against similar houses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿3,914,000
Est. Rent
฿31,600/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.
10
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom houses at Baan Karnkanok 12, and the current sales price.
10%

Project Details

Project Name: Baan Karnkanok 12
Construction: Completed (Aug 2018)
Units: 315
Project Area: 121,470 SqM
Nearest Landmark Promenada Chiang Mai - 2 Km
Location: Saraphi, Chiang Mai
Baan Karnkanok 12 Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna

Available Units at Baan Karnkanok 12

For Sale 10 For Rent 3
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Available Units at Baan Karnkanok 12
฿29,118
Great Price
Beds 3 Beds
Baths 3 Baths
Size 170 SqM Size
Plot Size 336 SqM Plot Size
Fully Furnished Garden View
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Available Units at Baan Karnkanok 12
-
Beds 3 Beds
Baths 3 Baths
Size 170 SqM Size
Plot Size 224 SqM Plot Size
Fully Furnished Garden View
Favorite
Compare
Available: Nov 1, 2024 Available Units at Baan Karnkanok 12
-
Beds 3 Beds
Baths 3 Baths
Size 180 SqM Size
Plot Size 260 SqM Plot Size
Fully Furnished Garden View
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Available Units at Baan Karnkanok 12
฿18,055
Beds 3 Beds
Baths 3 Baths
Size 145 SqM Size
Plot Size 397.20 SqM Plot Size
Unfurnished Mountain View
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Available: Sep 1, 2023 Available Units at Baan Karnkanok 12
-
Beds 3 Beds
Baths 3 Baths
Size 170 SqM Size
Plot Size 260 SqM Plot Size
Fully Furnished Garden View
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Compare
Available Units at Baan Karnkanok 12
฿23,024
Great Price
Beds 3 Beds
Baths 3 Baths
Size 170 SqM Size
Plot Size 224 SqM Plot Size
Unfurnished Garden View
Favorite
Compare
Available Units at Baan Karnkanok 12
฿18,683
Beds 3 Beds
Baths 3 Baths
Size 145 SqM Size
Plot Size 380.80 SqM Plot Size
Unfurnished Mountain View
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Available Units at Baan Karnkanok 12
฿14,138
Beds 3 Beds
Baths 3 Baths
Size 145 SqM Size
Plot Size 232 SqM Plot Size
Unfurnished Mountain View
Favorite
Compare
Available Units at Baan Karnkanok 12
฿14,138
Beds 3 Beds
Baths 3 Baths
Size 145 SqM Size
Plot Size 232 SqM Plot Size
Unfurnished Mountain View
Favorite
Compare
Available Units at Baan Karnkanok 12
฿15,710
Beds 3 Beds
Baths 3 Baths
Size 145 SqM Size
Plot Size 240 SqM Plot Size
Unfurnished Mountain View
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Available Units at Baan Karnkanok 12
฿16,255
Beds 3 Beds
Baths 3 Baths
Size 145 SqM Size
Plot Size 296 SqM Plot Size
Unfurnished Mountain View
Favorite
Compare
Available Units at Baan Karnkanok 12
฿13,952
Beds 3 Beds
Baths 3 Baths
Size 145 SqM Size
Plot Size 216 SqM Plot Size
Unfurnished Mountain View
Favorite
Compare
Available Units at Baan Karnkanok 12
฿19,062
Beds 3 Beds
Baths 3 Baths
Size 145 SqM Size
Plot Size 368 SqM Plot Size
Unfurnished Mountain View
Get notified when new homes are being added to Baan Karnkanok 12

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Baan Karnkanok 12 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Promenada Chiang Mai is the nearest Shopping Mall from Baan Karnkanok 12 and it is 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.

 

Read more here

After you have found the right property at Baan Karnkanok 12 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good atmosphere.
5 Krittiyot J, Thailand, 3 years ago
I have the opportunity to visit the model house. The atmosphere here is shady and has a huge area. I'm okay with the surroundings. Nice house, modern design with three bedrooms and privately gated. The house has some furniture, which looks strong and durable. The clubhouse is large. There is a swimming pool, a fitness center, and children's play areas as well. Personally, the location is very convenient. I can travel to the city in 5 minutes. Next to the project, there are many shops. If you want to go to Chiang Mai International Airport, it only takes about 15 minutes.
Chiang Mai
Nong Phueng

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Baan Karnkanok 12

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Nong Phueng, Saraphi, Chiang Mai
Number of units
146
Sales Prices
฿1.11M - ฿2.52M
Monthly Rentals
N/A
Year Built
Jun 1994
Completion Status
Completed
Location
Nong Phueng, Saraphi, Chiang Mai
Number of units
89
Sales Prices
฿5.3M - ฿9.57M
▼ -12% underpriced
Monthly Rentals
N/A
Year Built
Oct 2020
Completion Status
Completed
Location
Nong Phueng, Saraphi, Chiang Mai
Number of units
56
Sales Prices
฿4.23M
▼ -25% underpriced
Monthly Rentals
฿25.2K - ฿35.2K
Year Built
May 2010
Completion Status
Completed
Project Name
The Urbana 1
Location
Nong Phueng, Saraphi, Chiang Mai
Number of units
423
Sales Prices
฿4.53M - ฿22.2M
▼ -31% underpriced
Monthly Rentals
฿25.2K
Year Built
Dec 2015
Completion Status
Completed
Project Name
The Urbana 3
Location
Nong Phueng, Saraphi, Chiang Mai
Number of units
237
Sales Prices
฿4.23M - ฿6.55M
Monthly Rentals
฿20.1K - ฿23.2K
Year Built
Nov 2014
Completion Status
Completed
Location
Nong Phueng, Saraphi, Chiang Mai
Number of units
234
Sales Prices
฿4.33M - ฿6.04M
▲ 10.3% overpriced
Monthly Rentals
฿17.1K - ฿20.1K
Year Built
Dec 2015
Completion Status
Completed
Project Name
The Luxury Home
Location
Nong Phueng, Saraphi, Chiang Mai
Number of units
40
Sales Prices
฿3.32M
Monthly Rentals
N/A
Year Built
Dec 2013
Completion Status
Completed
Location
Nong Phueng, Saraphi, Chiang Mai
Number of units
20
Sales Prices
฿11.6M - ฿85.6M
▲ 19% overpriced
Monthly Rentals
N/A
Year Built
Dec 2021
Completion Status
Completed
Location
Nong Phueng, Saraphi, Chiang Mai
Number of units
90
Sales Prices
฿3.88M - ฿13M
▼ -24.3% underpriced
Monthly Rentals
฿25.2K
Year Built
May 2003
Completion Status
Completed
Location
Nong Phueng, Saraphi, Chiang Mai
Number of units
323
Sales Prices
฿4.23M - ฿7.25M
Monthly Rentals
฿25.2K
Year Built
Dec 2017
Completion Status
Completed
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