3 Bedroom House for sale at Baan Karnkanok 20

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San Sai Noi, San Sai,Chiang Mai
Unit ID: U1734084
6% Rental Yield
3 Bedrooms
3 Bathrooms
169 SqM Indoor Area
2 Storeys
Apr 2019 Completed

About This House

This property is a 169 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Baan Karnkanok 20 project in San Sai Noi, Chiang Mai and was completed in Apr 2019. You can buy this house for a base price of ฿5,500,000 (฿32,544/SqM).

Features

Media Room/CinemaMedia Room/Cinema Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Feb 12, 2024
Updated 1 week ago
Property Type House
Storeys 2
Location San Sai Noi, Chiang Mai
Bedrooms 3
Nearest Landmark Chiang Mai Bus Terminal 2 Arcade -2.4 Km
Indoor Area 169 SqM
Price per SqM ฿32,544
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
180 SqM
Plot Size 216 SqM
Pets All Kind of Pets Allowed
House Ownership

Foreign nationals can own the building (house) 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 (Apr 2019)
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) River or Canal 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.
฿550/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1734084

Investment Opportunity: Charges & Yield

Sale Price
฿5,500,000
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.
฿550/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.
18
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 20, and the current sales price.
6%

Project Details

Project Name: Baan Karnkanok 20
Construction: Completed (Dec 2017)
Units: 215
Project Area: 88,130 SqM
Nearest Landmark Chiang Mai Bus Terminal 2 Arcade - 2.4 Km
Location: San Sai Noi, Chiang Mai
Baan Karnkanok 20 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
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area

Available Units at Baan Karnkanok 20

For Sale 5 For Rent 3
Get notified when new homes are being added to Baan Karnkanok 20
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Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Baan Karnkanok 20.
Chiang Mai Bus Terminal 2 Arcade is the nearest Bus Terminal from Baan Karnkanok 20 and it is 2.4 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 20 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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Chiang Mai
San Sai Noi

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Baan Karnkanok 20

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San Sai Noi, San Sai, Chiang Mai
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San Sai Noi, San Sai, Chiang Mai
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Completion Status
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Fa Ham, San Sai, Chiang Mai
Number of units
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฿2.09M - ฿2.59M
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Completion Status
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Location
San Sai Noi, San Sai, Chiang Mai
Number of units
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Completion Status
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