3 Bedroom House for sale at Tropical Emperor 2

(1 Review)
Fa Ham, Mueang Chiang Mai,Chiang Mai
Unit ID: U669262
3 Bedrooms
3 Bathrooms
185 SqM Indoor Area
1 Storeys
Oct 2015 Completed

About This House

This property is a 185 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Tropical Emperor 2 project in Fa Ham, Chiang Mai and was completed in Oct 2015. You can buy this house for a base price of ฿4,500,000 (฿24,324/SqM).

House in town Chiang mai Thailand

nearly Tesco lotus ,Top super market,Ruemchoke mall , romping supermarket, central festival chiangmai

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit

Basic Information

Date Listed Mar 9, 2021
Updated 2 years ago
Property Type House (Single Detached)
Storeys 1
Location Fa Ham, Chiang Mai
Bedrooms 3
Nearest Landmark Chiang Mai Bus Terminal 2 Arcade -2.7 Km
Indoor Area 185 SqM
Price per SqM ฿24,324
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 264 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 N/A
Construction Completed (Oct 2015)
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) City View, Garden View
Unit Type N/A
Parking Spots 1
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 U669262

Price Analysis

Great Price
Estimated market value ฿7,115,411
Great
฿6,980,000
Good
Fair
Above
฿7,540,000
Current asking Price: ฿4,500,000
This house is ฿2,615,411 BELOW MARKET (-37%) 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

Project Details

Project Name: Tropical Emperor 2
Developer: N/A
Construction: Completed (Oct 2015)
Units: 94
Project Area: 67,860 SqM
Nearest Landmark Chiang Mai Bus Terminal 2 Arcade - 2.7 Km
Location: Fa Ham, Chiang Mai
Tropical Emperor 2 Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
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Frequently Asked Questions

All kind of pets are allowed at Tropical Emperor 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai Bus Terminal 2 Arcade is the nearest Bus Terminal from Tropical Emperor 2 and it is 2.7 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 Tropical Emperor 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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Reviews

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A 2-story house with good quality, shady ambiance, and a wide project road
Dave Rudd, Russia, 7 years ago
I love this project because its electrical cables are underground, making the surroundings look clean and beautiful. My house is a 3-bedroom, 2 floors, with a large living area that is perfect for my family. I moved here in 2016 but just had the chance to review today. Since coming here, everyone is happy. Everything is comfortable for my wife and me to commute to work. Also, it is convenient to go to my children's school as the traffic does not jam. Furthermore, in this neighborhood, it is very convenient to buy groceries. Before reaching the project, there are many shops, restaurants, and supermarkets. As for facilities, it is regarded as acceptable to spend time leisurely on vacation, including the outdoor swimming pool, a gym with few exercise pieces of equipment; however, it's better than nothing. Since I've moved here, I've not encountered any problems yet, and I highly recommend visiting this house for those looking for a house in a good location.
Chiang Mai
Fa Ham

Neighborhood Overview

Location and Neighborhood

Street View

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