The Create

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Mae Hia, Mueang Chiang Mai,Chiang Mai

Unit ID: U77554
฿2,500,000
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
160 SqM Indoor Area
Stairs
2 Storeys
Construction
Aug 2018 Completed

3 Bedroom House for sale at The Create

This property is a 160 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the The Create project in Mae Hia, Chiang Mai and was completed in Aug 2018. You can buy this house for a base price of ฿2,500,000 (฿15,625/SqM).

Features

TerraceTerrace Covered ParkingCovered Parking

Basic Information

Property Type House
Storeys 2
Location Mae Hia, Mueang Chiang Mai, Chiang Mai
Bedrooms 3
Nearest Landmark Chiang Mai International Airport -6.5 Km
Indoor Area 160 SqM
Price per SqM ฿15,625
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 N/A
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 (Aug 2018)
Furniture
Unfurnished
View(s) Mountain View, Park View
Unit Type N/A
Parking Spots 2
Pool Size N/A
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
N/A
Listed By
Private Owner
Date Listed Jun 19, 2018
Last Updated 1 year ago
Unit ID U77554

3D Walkthrough

Investment Opportunity: Charges & Yield

Sale Price
฿2,500,000

Project Details

Project Name: The Create
Developer: N/A
Construction: Completed (Aug 2018)
Units: 35
Project Area: N/A
Nearest Landmark Chiang Mai International Airport -6.5 Km
Location: Mae Hia, Mueang Chiang Mai, Chiang Mai
The Create Project Details

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Frequently asked questions

Chiang Mai International Airport is the nearest Airport from The Create and it is 6.5 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 The Create 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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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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