3 Bedroom Townhouse for sale at Malada Maz

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San Phak Wan, Hang Dong,Chiang Mai

Unit ID: U440333

7% Rental Yield

3 Bedrooms

3 Bathrooms

163 SqM Indoor Area

2 Storeys

Oct 2017 Completed

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Sale Price

฿5,590,000

฿6,600,570

Street View

About This Townhouse

This property is a 163 SqM townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Malada Maz project in San Phak Wan, Chiang Mai and was completed in Oct 2017. You can buy this townhouse for a base price of ฿5,590,000 (฿34,294/SqM).

Unlock Luxury Living in San Phak Wan - 163 SqM for ฿6,650,570!

Greetings real estate adventurers! Are you in the market for a lux townhouse resting in the heart of San Phak Wan, Chiang Mai? Then this property, beloved by locals and luxury-seekers alike, could be the prime site for your next opportunity. This163 SqM plot is absolutely ideal for those wishing for more than the average domicile. Calling all trendsetters, trend-followers, luxury-lovers and adventurers! Available for the base price of ฿6,650,570 (฿40,801/SqM), this 3 bedroom, 3 bathroom townhouse is positively abuzz with energy and features which could be yours for the taking! It's part of the much-talked about Malada Maz project which was completed in October 2017. In this property, you get to immerse yourself in the most serene surroundings with all the convenience of modern living. With its spacious living room, enticingly large bedrooms, and fully-fitted kitchen, you can sit back and relax in your charming abode. Do you have hobbies? We've got you covered with plenty of venues within easy reach, so celebrate those off-hours and soak in some much-needed entertainment. Or alternatively, why not invite over your guests and explore the foodie scene nearby?Whether you want to draw people to your outdoor area and revel in the nearby greens or you want to take a jaunt and take your pick of nearby markets, this property has it all. Not to mention the roadside convenience such as shops, international schools and parks. So don't let this one slip away! Call us now to enquire about this one of a kind property!

Features

Terrace

Covered Parking

Balcony

Basic Information

Date Listed Mar 9, 2020

Updated 6 years ago

Property Type Townhouse

Storeys 2

Location San Phak Wan, Chiang Mai

Bedrooms 3

Nearest Landmark: Kad Farang Village -1.9 Km

Indoor Area 163 SqM

Price per SqM ฿34,294

Outdoor Area

N/A

Plot Size 137.60 SqM

Pets All Kind of Pets Allowed

Townhouse Ownership

Thai Ownership, Company

Land Ownership

Thai Ownership, Company

Land Title Deed N/A

Construction Completed (Oct 2017)

Furniture

Unfurnished

View(s) Mountain View, Garden View

Unit Type Smart

Parking Spots N/A

Pool Size N/A

CAM Fee

฿900/mo

Listed By

Developer

Electricity Price N/A

Water Price N/A

Unit ID U440333

Investment Opportunity: Charges & Yield

Sale Price

฿5,590,000

CAM Fee

฿900/mo

Price-to-Rent Ratio

Rental Yield

Project Details

Project Name: Malada Maz

Developer: Malada

Construction: Completed (Oct 2017)

Units: 116

Project Area: 22,864 SqM

Nearest Landmark: Kad Farang Village - 1.9 Km

Location: San Phak Wan, Chiang Mai

Malada Maz Project Details

Project Features

Communal Pool

Communal Gym

Clubhouse

24H Security

CCTV (Video Surveillance)

Car Parking

Communal Garden Area

Popular Facilities at Malada Maz

Communal Pool

Ground Floor
Communal Gym

2nd Floor

Available Units at Malada Maz

Loan Calculator

Developer Payment Plan

Installment Milestone Payment

Reservation Deposit

Immediately

฿20,000

1st Installment

Upon contract signing

฿50,000

2nd Installment

Before handover

฿70,000

3rd Installment

On handover

100%

Frequently Asked Questions

All kind of pets are allowed at Malada Maz including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.

The common area maintenance fee for properties at Malada Maz is a fixed amount of ฿900. This amount 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.

Kad Farang Village is the nearest Shopping Mall from Malada Maz and it is 1.9 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.

After you have found the right property at Malada Maz you have to follow these steps:

- Agreement of terms and conditions
- Reservation Agreement
- Reservation Deposit
- Sales and Purchase Agreement
- Settlement & Transfer

Installment Milestone Payment

Reservation Deposit

Immediately

฿20,000

1st Installment

Upon contract signing

฿50,000

2nd Installment

Before handover

฿70,000

3rd Installment

On handover

100%

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?

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.