4 Bedroom House for sale at The Esteem

(1 Review)
Ton Pao, San Kamphaeng,Chiang Mai
Unit ID: U81469
4 Bedrooms
5 Bathrooms
245 SqM Indoor Area
2 Storeys
Dec 2015 Completed

About This House

This property is a 245 SqM house with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the The Esteem project in Ton Pao, Chiang Mai and was completed in Dec 2015. You can buy this house for a base price of ฿6,319,120 (฿25,792/SqM).

Features

Private GardenPrivate Garden TerraceTerrace BalconyBalcony

Basic Information

Date Listed Aug 14, 2018
Updated 3 years ago
Property Type House
Storeys 2
Location Ton Pao, Chiang Mai
Bedrooms 4
Nearest Landmark Charoen Charoen fresh market -1.5 Km
Indoor Area 245 SqM
Price per SqM ฿25,792
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 317.60 SqM
Pets Not 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 (Dec 2015)
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 5BA
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.
฿4,764/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U81469

Price Analysis

Good Price
Estimated market value ฿6,641,701
Great
฿6,180,000
Good
Fair
Above
฿8,810,000
Current asking Price: ฿6,319,120
This house is ฿322,581 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

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.
฿4,764/mo

Project Details

Project Name: The Esteem
Construction: Completed (Dec 2015)
Units: 108
Project Area: 96,000 SqM
Nearest Landmark Charoen Charoen fresh market - 1.5 Km
Location: Ton Pao, Chiang Mai
The Esteem Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
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Available Units at The Esteem

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Loan Calculator

Payment Plan

For 3BR
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
฿30,000
2nd Installment
On handover
100%
For 4BR
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
฿30,000
2nd Installment
Down Payment
5%
3rd Installment
On handover
95%

Frequently Asked Questions

All kind of pets are allowed at The Esteem including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿15 per square meter based on the plot size of the property and is ฿4,764 for this house. This fee 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.
Charoen Charoen fresh market is the nearest Market from The Esteem and it is 1.5 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 Esteem you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
For 3BR
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
฿30,000
2nd Installment
On handover
100%
For 4BR
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
฿30,000
2nd Installment
Down Payment
5%
3rd Installment
On handover
95%


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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
My ideal villa, which is very pleasant
Mongkon 888, Thailand, 5 years ago
I trust this project because its structures look strong with high security. Plus, the management team has been professional since I've lived here, and they are all helpful. I'm so impressed. The project is designed in a modern style with complete facilities provided, including the gym, swimming pool, and clubhouse, where I can enjoy all the services here. Overall, staying here is very satisfying, and traveling is also very convenient due to its proximity to tourist attractions and various places in San Kamphaeng.
Chiang Mai
Ton Pao

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Esteem

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Sivalai Village 4
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
375
Sales Prices
฿3.1M - ฿6M
▼ -11% underpriced
Monthly Rentals
฿27K - ฿30K
Year Built
Dec 2009
Completion Status
Completed
Project Name
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Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
205
Sales Prices
฿2.1M - ฿4M
Monthly Rentals
฿11K - ฿15K
Year Built
Feb 2022
Completion Status
Completed
Project Name
Baan Charin
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
70
Sales Prices
฿3.9M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
262
Sales Prices
฿3.99M - ฿7.5M
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Monthly Rentals
฿30K - ฿37K
Year Built
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Completion Status
Completed
Project Name
Siriporn Don Jan
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
98
Sales Prices
฿6.5M - ฿8.98M
Monthly Rentals
N/A
Year Built
Feb 2014
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
145
Sales Prices
฿2.55M - ฿2.95M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
363
Sales Prices
฿3.34M - ฿12.3M
Monthly Rentals
N/A
Year Built
Jul 2023
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
151
Sales Prices
฿3.05M - ฿3.79M
▲ 17.5% overpriced
Monthly Rentals
฿25K
Year Built
Feb 2015
Completion Status
Completed
Project Name
The Prego
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
300
Sales Prices
฿2.39M - ฿19M
▲ 1.3% overpriced
Monthly Rentals
฿35K
Year Built
Jun 2021
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
169
Sales Prices
฿5.4M
Monthly Rentals
฿17K
Year Built
Feb 2015
Completion Status
Completed
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