3 Bedroom House for sale at Inizio Chiangmai

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San Kamphaeng, San Kamphaeng,Chiang Mai
Unit ID: U1764524
6% Rental Yield
Tenant-Occupied until Aug 31, 2026
3 Bedrooms
2 Bathrooms
114 SqM Indoor Area
2 Storeys
Feb 2015 Completed

About This House

This property is a 114 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Inizio Chiangmai project in San Kamphaeng, Chiang Mai and was completed in Feb 2015. You can buy this house for a base price of ฿5,690,000 (฿49,912/SqM) and it is also available for long term rentals starting from ฿30,000 per month.

Sell / rent house in front of the garden

Sell/rent a house in front of the garden, the front of the house is not next to anyone.  - In a private alley (this alley has only 6 houses)  - Next to the main road, San Kamphaeng New Line.  - House decorated in minimal style, opposite the garden, swimming pool and fitness, good view, quiet.  - Eliminates the problem of parking in front of the house.  - Built-in furniture, Air conditioning installed throughout.   ** Rent / Sale house Inizio Land&House** ·         16 kilometers from Chiangmai international airport ·         3bedroom / 2 Bathroom / Kitchen ·         Rental price 24,000 / month ·         Selling price 5.5 million baht ·         Land size 51 Sqw. ·         Utility space approximately 114sq.m ·         Swimming pool fitness corner ·         Security guard 24 hrs. 

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Wifi IncludedWifi Included Washing MachineWashing Machine MicrowaveMicrowave TVTV TruevisionTruevision

Basic Information

Date Listed Mar 21, 2024
Updated 1 year ago
Property Type House (Single Detached)
Storeys 2
Location San Kamphaeng, Chiang Mai
Bedrooms 3
Nearest Landmark: Promenada Chiang Mai -5.8 Km
Indoor Area 114 SqM
Price per SqM ฿49,912
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 204 SqM
Pets Not 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 in their own name. The options for a foreigner to make use of the land are via a long-term lease or by investing in a Thai company that owns the land.

Thai Ownership
Land Title Deed Chanote
Construction Completed (Feb 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) Park View, Garden View, Unblocked Open 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.
฿1,290/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1764524

Investment Opportunity: Charges & Yield

Sale Price
฿5,690,000
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.
฿1,290/mo
Rent
฿30,000/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.
16
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.
6%

Project Details

Project Name: Inizio Chiangmai
Developer: Land and Houses
Construction: Completed (Feb 2015)
Units: 336
Project Area: 124,800 SqM
Nearest Landmark: Promenada Chiang Mai - 5.8 Km
Location: San Kamphaeng, Chiang Mai
Inizio Chiangmai Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Inizio Chiangmai

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Inizio Chiangmai including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Promenada Chiang Mai is the nearest Shopping Mall from Inizio Chiangmai and it is 5.8 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.

After you have found the right property at Inizio Chiangmai you have to follow these steps:

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


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?

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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