3 Bedroom Villa for sale at The Oriental (Regent 3)

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Chai Sathan, Saraphi,Chiang Mai
Unit ID: U1362390
5% Rental Yield
3 Bedrooms
3 Bathrooms
160 SqM Indoor Area
2 Storeys
Dec 2017 Completed

About This Villa

This property is a 160 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the The Oriental (Regent 3) project in Chai Sathan, Chiang Mai and was completed in Dec 2017. You can buy this villa for a base price of ฿5,500,000 (฿34,375/SqM).

This house is for sale in Moobaan Oriental Regent 3 and features 3 bedrooms and 3 bathrooms. It has a large backyard with a swimming pool, a balcony and a central living room.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Dec 26, 2022
Updated 1 year ago
Property Type Villa (Single Detached)
Storeys 2
Location Chai Sathan, Chiang Mai
Bedrooms 3
Nearest Landmark Promenada Chiang Mai -1 Km
Indoor Area 160 SqM
Price per SqM ฿34,375
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
170 SqM
Plot Size 244 SqM
Pets All Kind of Pets Allowed
Villa Ownership

Foreign nationals can own the building (villa) 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 (Dec 2017)
Furniture
Unfurnished
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.
฿825/mo
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1362390

Investment Opportunity: Charges & Yield

Sale Price
฿5,500,000
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.
฿825/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 villas at The Oriental (Regent 3), and the current sales price.
5%

Project Details

Project Name: The Oriental (Regent 3)
Developer: N/A
Construction: Completed (Dec 2017)
Units: 323
Project Area: N/A
Nearest Landmark Promenada Chiang Mai - 1 Km
Location: Chai Sathan, Chiang Mai
The Oriental (Regent 3) Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Sauna Sauna

Available Units at The Oriental (Regent 3)

For Sale 4 For Rent 3
Get notified when new homes are being added to The Oriental (Regent 3)
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Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at The Oriental (Regent 3) including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Promenada Chiang Mai is the nearest Shopping Mall from The Oriental (Regent 3) and it is 1 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 Oriental (Regent 3) 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
Chai Sathan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Oriental (Regent 3)

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