4 Bedroom House for sale at Ornsirin 5

(1 Review)

Yang Noeng, Saraphi,Chiang Mai

Unit ID: U81006

4 Bedrooms

3 Bathrooms

250 SqM Indoor Area

2 Storeys

Feb 2014 Completed

(1 Review)

Sale Price

Sold

Great Price

About This House

This property is a 250 SqM house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the Ornsirin 5 project in Yang Noeng, Chiang Mai and was completed in Feb 2014. You can buy this house for a base price of ฿3,900,000 (฿15,600/SqM).

Features

Private Garden

Terrace

Covered Parking

Corner Unit

Balcony

Basic Information

Date Listed Sep 27, 2021

Updated 2 years ago

Property Type House

Storeys 2

Location Yang Noeng, Chiang Mai

Bedrooms 4

Nearest Landmark Chiang Mai Immigration -5.3 Km

Indoor Area 250 SqM

Price per SqM ฿15,600

Outdoor Area

N/A

Plot Size 344 SqM

Pets Not Allowed

House Ownership

Thai Ownership

Land Ownership

Thai Ownership

Land Title Deed N/A

Construction Completed (Feb 2014)

Furniture

Fully Furnished

View(s) Garden View

Unit Type N/A

Parking Spots 2

Pool Size N/A

CAM Fee

N/A

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U81006

Price Analysis

Great Price

Estimated market value ฿6,836,153

Great

Good

Fair

Above

Current asking Price: ฿3,900,000 | Rental estimate: ฿20,000/mo

This house is ฿2,936,153 BELOW MARKET (-43%) 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.

Investment Opportunity: Charges & Yield

Project Details

Project Name: Ornsirin 5

Developer: N/A

Construction: Completed (Feb 2014)

Units: 48

Project Area: N/A

Nearest Landmark Chiang Mai Immigration - 5.3 Km

Location: Yang Noeng, Chiang Mai

Ornsirin 5 Project Details

Project Features

Communal Pool

Communal Gym

Clubhouse

24H Security

CCTV (Video Surveillance)

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Available Units at Ornsirin 5

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Frequently Asked Questions

Chiang Mai Immigration is the nearest Immigration Office from Ornsirin 5 and it is 5.3 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 Ornsirin 5 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

Reviews

4.3 out of 5

Based on

1 Review

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

+ Write a review

Home with everything you need

Jake G., United States, 5 years ago

I have been renting this house for several months and haven't encountered any problems. The project is in an excellent location. The house has a beautiful interior design. It's a livable house with quality home important functions, whether kitchen appliances, bathrooms or furniture, all are good! The common area has many excellent facilities, such as a good security system, CCTV, a modern pool, gym, and garden. In addition, it's not far from the city and just a few minutes away from the shopping mall. So it's pretty comfortable.

Chiang Mai

Yang Noeng