4 Bedroom House for sale at Somwang Village

(1 Review)
Hang Dong, Hang Dong,Chiang Mai
Unit ID: U6237656
4% Rental Yield
Tenant-Occupied until Jun 11, 2027
4 Bedrooms
2 Bathrooms
436 SqM Indoor Area
2 Storeys
Feb 2022 Completed

About This House

This property is a 436 SqM house with 4 bedrooms and 2 bathrooms that is available for sale. It is part of the Somwang Village project in Hang Dong, Chiang Mai and was completed in Feb 2022. You can buy this house for a base price of ฿4,150,000 (฿9,518/SqM) and it is also available for long term rentals starting from ฿15,000 per month.

Features

Private GardenPrivate Garden Covered ParkingCovered Parking BalconyBalcony Wifi IncludedWifi Included

Basic Information

Date Listed May 18, 2026
Updated 3 months ago
Property Type House (Single Detached)
Storeys 2
Location Hang Dong, Chiang Mai
Bedrooms 4
Nearest Landmark: Hang Dong District Municipal Food Market -0.8 Km
Indoor Area 436 SqM
Price per SqM ฿9,518
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
436 SqM
Plot Size 436 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
Land Ownership

Foreign nationals cannot own land in Thailand in their own name. The options for a foreigner to make use of the land are via a long-term lease or by investing in a Thai company that owns the land.

Thai Ownership
Land Title Deed Chanote
Construction Completed (Feb 2022)
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) City View, Garden View, Unblocked Open View, Blocked View
Unit Type N/A
Parking Spots 1
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.
฿50/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U6237656

Investment Opportunity: Charges & Yield

Sale Price
฿4,150,000
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.
฿50/mo
Rent
฿15,000/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.
23
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
4%

Project Details

Project Name: Somwang Village
Developer: Somwang Group
Construction: Completed (Jan 2009)
Units: 88
Project Area: N/A
Nearest Landmark: Hang Dong District Municipal Food Market - 0.8 Km
Location: Hang Dong, Chiang Mai
Somwang Village Project Details

Project Features

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

Available Units at Somwang Village

Loan Calculator

Choose Your Path to Ownership

Available flexible payment options for this property

Rent-to-Own

Rent-to-Own

Feeling stuck? Try before you buy

Rent +20% • 2 years • Option to buy
  • Move in immediately and test the property
  • Every baht builds your deposit
  • Lock in today's price
On a ฿4.15M property
฿18,000/month
builds a ฿432K down payment
Learn More
Seller Financing

Seller Financing

Need help? Buy now, pay later

30% down • 5% interest • 5 years
  • Lower rates than traditional banks
  • Flexible approval with seller
  • Property secured at today's price
On a ฿4.15M property
฿54,821/month
after ฿1.25M down payment
Learn More
Gap Loan

Gap Loan

Almost there? Bridge the gap

70% down • 4% interest • 2 years
  • Close quickly with most funds ready
  • Finance only the gap you need
  • Short 2-year repayment
On a ฿4.15M property
฿54,064/month
after ฿2.91M down payment
Learn More

Frequently Asked Questions

All kind of pets are allowed at Somwang Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Hang Dong District Municipal Food Market is the nearest Market from Somwang Village and it is 0.8 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 Somwang Village you have to follow these steps:

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


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.

Reviews

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
It's a tranquil and livable project.
Martin F., United States, 9 years ago
My family and I have been living here for 6 months. It's a tranquil and livable project. Importantly, it's close to Hang Dong Hospital, where my mother has been treated for a while, less than a 5 minutes drive. The neighbors in the project are cute and helpful. The staff also takes good care of the common areas. The road is wide enough to easily park the car. The house that my family and I rented is a detached house with 2 bedrooms and 2 bathrooms. The interior is well decorated, although it looks a bit old and every piece of furniture works well. There are only a few complaints about the electricity that will fall during the night but not often.
Chiang Mai
Hang Dong

Neighborhood Overview

Location and Neighborhood

Street View

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