3 Bedroom House for sale at Wararom Charoenmuang

4.67 (1 Review)
Ton Pao, San Kamphaeng,Chiang Mai
Unit ID: U179275
5% Rental Yield
฿6,000,000 ฿6,400,000
3 Bedrooms
3 Bathrooms
185 SqM Indoor Area
2 Storeys
Dec 2008 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 Wararom Charoenmuang project in Ton Pao, Chiang Mai and was completed in Dec 2008. You can buy this house for a base price of ฿6,000,000 (฿32,432/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony TVTV

Basic Information

Property Type House
Storeys 2
Location San Kamphaeng, Chiang Mai
Bedrooms 3
Nearest Landmark Promenada Chiang Mai -3.7 Km
Indoor Area 185 SqM
Price per SqM ฿32,432
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 424 SqM
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 (Dec 2008)
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
Date Listed Sep 21, 2019
Last Updated 2 years ago
Unit ID U179275

3D Walkthrough

Price Analysis

Above Average
Estimated market value ฿5,080,843
Great
฿3,670,000
Good
Fair
Above
฿6,950,000
Current asking Price: ฿6,000,000 | Rental estimate: ฿23,200/mo
This house is ฿919,157 ABOVE MARKET (18%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿6,000,000
Est. Rent
฿23,200/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.
22
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 Wararom Charoenmuang, and the current sales price.
5%

Project Details

Project Name: Wararom Charoenmuang
Developer: Q Houses
Construction: Completed (Dec 2008)
Units: 262
Project Area: N/A
Nearest Landmark Promenada Chiang Mai - 3.7 Km
Location: San Kamphaeng, Chiang Mai
Wararom Charoenmuang Project Details

Project Features

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

Available Units at Wararom Charoenmuang

For Sale 2 For Rent 1
Get notified when new homes are being added to Wararom Charoenmuang

Loan Calculator

Frequently Asked Questions

Promenada Chiang Mai is the nearest Shopping Mall from Wararom Charoenmuang and it is 3.7 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 Wararom Charoenmuang 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 4.67
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A quiet and shady place
4.7 Jiyeon Park, South Korea, 2 years ago
I fell in love with this place all over again. It's peaceful and shady, especially during the winter. It is so refreshing. The village has a large park, as well as a swimming pool and a fitness center. The house has two floors, three bedrooms, and three bathrooms. There is a green area surrounding the house, with private parking. The neighbors are lovely and friendly. The security guards take good care of residents. The location is excellent, right on the main road, it takes about 10 minutes to travel to Promenada Chiang Mai. Recommend!
Chiang Mai
Ton Pao

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Wararom Charoenmuang

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
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
153
Sales Prices
฿5.34M
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N/A
Year Built
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Completion Status
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Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
151
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฿3.22M - ฿3.82M
▲ 11% overpriced
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Feb 2015
Completion Status
Completed
Project Name
Siriporn Don Jan
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
98
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฿6.55M
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Completed
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Ton Pao, San Kamphaeng, Chiang Mai
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฿3.82M - ฿4.32M
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Baan Na Cheun
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Ton Pao, San Kamphaeng, Chiang Mai
Number of units
84
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฿3.02M - ฿4.53M
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N/A
Year Built
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Completion Status
Completed
Project Name
Sirin Home 1
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
52
Sales Prices
฿1.7M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
The Esteem
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
108
Sales Prices
฿5.03M - ฿8.56M
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Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
160
Sales Prices
฿6.95M
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N/A
Year Built
Jan 2018
Completion Status
Completed
Project Name
Sivalai Village 4
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
375
Sales Prices
฿3.12M - ฿6.04M
▼ -11% underpriced
Monthly Rentals
N/A
Year Built
Dec 2009
Completion Status
Completed
Project Name
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Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
65
Sales Prices
฿2.91M - ฿8.95M
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Monthly Rentals
N/A
Year Built
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Completion Status
Completed
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