3 Bedroom House for sale at The Urbana 2

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Mae Hia, Mueang Chiang Mai,Chiang Mai
Unit ID: U1183952
5% Rental Yield
3 Bedrooms
3 Bathrooms
158 SqM Indoor Area
2 Storeys
Mar 2014 Completed

About This House

This property is a 158 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the The Urbana 2 project in Mae Hia, Chiang Mai and was completed in Mar 2014. You can buy this house for a base price of ฿3,990,000 (฿25,253/SqM).

The Urbana 2

The Urbana 2, conveniently located on Superhighway Chiangm Mai-Lampang. Close to hospitals, educational institutions, shopping centers, and lifestyle hubs, such as Big C Hang Dong, Promenada Chiang Mai, Centralplaza Chiangmai Airport, Lanna International School, Chiang Mai International Airport and many others.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony TVTV

Basic Information

Date Listed Dec 15, 2022
Updated 4 months ago
Property Type House (Single Detached)
Storeys 2
Location Mae Hia, Chiang Mai
Bedrooms 3
Nearest Landmark Chiang Mai International Airport -4 Km
Indoor Area 158 SqM
Price per SqM ฿25,253
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 152 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 (Mar 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1183952

Investment Opportunity: Charges & Yield

Sale Price
฿3,990,000
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.
21
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 The Urbana 2, and the current sales price.
5%

Project Details

Project Name: The Urbana 2
Developer: N/A
Construction: Completed (Mar 2014)
Units: 219
Project Area: N/A
Nearest Landmark Chiang Mai International Airport - 4 Km
Location: Mae Hia, Chiang Mai
The Urbana 2 Project Details

Project Features

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

Available Units at The Urbana 2

For Sale 5 For Rent 5
Get notified when new homes are being added to The Urbana 2
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Frequently Asked Questions

All kind of pets are allowed at The Urbana 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai International Airport is the nearest Airport from The Urbana 2 and it is 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 The Urbana 2 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
Mae Hia

Neighborhood Overview

Location and Neighborhood

Street View

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