4 Bedroom House for sale at Indistrict Sankampaeng

(1 Review)
Ton Pao, San Kamphaeng,Chiang Mai
Unit ID: U670630
4 Bedrooms
4 Bathrooms
250 SqM Indoor Area
2 Storeys
Mar 2021 Completed

About This House

This property is a 250 SqM house with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the Indistrict Sankampaeng project in Ton Pao, Chiang Mai and was completed in Mar 2021. You can buy this house for a base price of ฿7,490,000 (฿29,960/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Mar 11, 2021
Updated N/A
Property Type House (Single Detached)
Storeys 2
Location Ton Pao, Chiang Mai
Bedrooms 4
Nearest Landmark Promenada Chiang Mai -6.6 Km
Indoor Area 250 SqM
Price per SqM ฿29,960
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 488 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, Company
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, Company
Land Title Deed N/A
Construction Completed (Mar 2021)
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 4BR
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
Developer
Electricity Price N/A
Water Price N/A
Unit ID U670630

Price Analysis

Good Price
Estimated market value ฿7,862,031
Great
฿7,860,000
Good
Fair
Above
฿8,050,000
Current asking Price: ฿7,490,000
This house is ฿372,031 BELOW MARKET (-5%) 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: Indistrict Sankampaeng
Construction: Completed (Mar 2021)
Units: 6
Project Area: 4,000 SqM
Nearest Landmark Promenada Chiang Mai - 6.6 Km
Location: Ton Pao, Chiang Mai
Indistrict Sankampaeng Project Details
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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
฿250,000
2nd Installment
30 days after reservation
20%
3rd Installment
On handover
80%

Frequently Asked Questions

All kind of pets are allowed at Indistrict Sankampaeng including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Promenada Chiang Mai is the nearest Shopping Mall from Indistrict Sankampaeng and it is 6.6 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 Indistrict Sankampaeng 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
฿50,000
1st Installment
Upon contract signing
฿250,000
2nd Installment
30 days after reservation
20%
3rd Installment
On handover
80%


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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A house project with relaxing atmosphere and high privacy
Patt Kittiwarangkul, Thailand, 2 years ago
A new house project that is both modern and livable has recently been completed. The surroundings are very private and shady. Furthermore, because the project only has 6-units, there aren't many neighbors, so it is also possible to get to know each other. There is some quality furniture inside the house which is worth the price. The street in front of the house is quite broad. I'm impressed by the location because it is close to the city, also close to the market, Tesco Lotus, and the hospital, which is very convenient.
Chiang Mai
Ton Pao

Neighborhood Overview

Location and Neighborhood

Street View

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