3 Bedroom House for sale at Nantawan Land And House Park Chiangmai

 (Write Review)
Nong Han, San Sai,Chiang Mai
Unit ID: U82739
4% Rental Yield
3 Bedrooms
2 Bathrooms
126 SqM Indoor Area
2 Storeys
Nov 2014 Completed

About This House

This property is a 126 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Nantawan Land And House Park Chiangmai project in Nong Han, Chiang Mai and was completed in Nov 2014. You can buy this house for a base price of ฿3,700,000 (฿29,365/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Aug 27, 2018
Updated 3 years ago
Property Type House
Storeys 2
Location Nong Han, Chiang Mai
Bedrooms 3
Nearest Landmark Maejo University -3.8 Km
Indoor Area 126 SqM
Price per SqM ฿29,365
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
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. 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 N/A
Construction Completed (Nov 2014)
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Garden 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.
฿2,464/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U82739

Price Analysis

Above Average
Estimated market value ฿3,509,059
Great
฿3,590,000
Good
Fair
Above
฿3,710,000
Current asking Price: ฿3,700,000 | Rental estimate: ฿12,900/mo
This house is ฿190,941 ABOVE MARKET (5%) 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿3,700,000
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.
฿2,464/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.
24
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 Nantawan Land And House Park Chiangmai, and the current sales price.
4%

Project Details

Developer: Land and Houses
Construction: Completed (Nov 2014)
Units: 87
Project Area: 65,600 SqM
Nearest Landmark Maejo University - 3.8 Km
Location: Nong Han, Chiang Mai
Nantawan Land And House Park Chiangmai Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Nantawan Land And House Park Chiangmai

For Sale 3 For Rent 1
Get notified when new homes are being added to Nantawan Land And House Park Chiangmai
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Frequently Asked Questions

All kind of pets are allowed at Nantawan Land And House Park Chiangmai including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿11 per square meter based on the plot size of the property and is ฿2,464 for this house. This fee has to be paid 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.
Maejo University is the nearest University from Nantawan Land And House Park Chiangmai and it is 3.8 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.

 

Read more here

After you have found the right property at Nantawan Land And House Park Chiangmai 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
Nong Han

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Nantawan Land And House Park Chiangmai

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 Han, San Sai, Chiang Mai
Number of units
95
Sales Prices
฿14.5M
▲ 27% overpriced
Monthly Rentals
฿29K
Year Built
Jan 2005
Completion Status
Completed
Location
Nong Chom, San Sai, Chiang Mai
Number of units
326
Sales Prices
฿3.69M - ฿5.2M
Monthly Rentals
฿23K
Year Built
Jul 2008
Completion Status
Completed
Location
Nong Chom, San Sai, Chiang Mai
Number of units
101
Sales Prices
฿6.9M - ฿9.9M
▼ -31% underpriced
Monthly Rentals
฿26K
Year Built
Oct 2008
Completion Status
Completed
Location
Nong Chom, San Sai, Chiang Mai
Number of units
150
Sales Prices
฿3.3M
Monthly Rentals
N/A
Year Built
Dec 2011
Completion Status
Completed
Location
Nong Han, San Sai, Chiang Mai
Number of units
111
Sales Prices
฿3.2M
Monthly Rentals
N/A
Year Built
Dec 2013
Completion Status
Completed
Location
San Phisuea, San Sai, Chiang Mai
Number of units
68
Sales Prices
฿4.3M - ฿5.99M
▼ -43% underpriced
Monthly Rentals
N/A
Year Built
Mar 2011
Completion Status
Completed
Location
Nong Chom, San Sai, Chiang Mai
Number of units
45
Sales Prices
฿3.9M
▼ -36% underpriced
Monthly Rentals
N/A
Year Built
Nov 2012
Completion Status
Completed
Project Name
Sunshine Village
Location
Nong Chom, San Sai, Chiang Mai
Number of units
100
Sales Prices
฿3.1M
Monthly Rentals
฿20K
Year Built
Dec 2011
Completion Status
Completed
Location
San Phisuea, San Sai, Chiang Mai
Number of units
206
Sales Prices
฿5.2M - ฿8.9M
Monthly Rentals
฿23K - ฿43K
Year Built
Dec 2016
Completion Status
Completed
Location
San Phisuea, San Sai, Chiang Mai
Number of units
238
Sales Prices
฿6.5M - ฿14.7M
▲ 6.3% overpriced
Monthly Rentals
N/A
Year Built
Dec 2017
Completion Status
Completed
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