4 Bedroom House for sale at The Greenery Villa (Maejo)

(1 Review)
Nong Chom, San Sai,Chiang Mai
Unit ID: U1389486
5% Rental Yield
฿3,500,000
4 Bedrooms
3 Bathrooms
228 SqM Indoor Area
2 Storeys
Jan 2014 Completed

About This House

This property is a 228 SqM house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the The Greenery Villa (Maejo) project in Nong Chom, Chiang Mai and was completed in Jan 2014. You can buy this house for a base price of ฿3,500,000 (฿15,351/SqM) and it is also available for long term rentals starting from ฿15,000 per month.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Washing MachineWashing Machine

Basic Information

Date Listed Apr 17, 2023
Updated 1 month ago
Property Type House (Single Detached)
Storeys 2
Location San Sai, Chiang Mai
Bedrooms 4
Nearest Landmark Lanna Golf Course -4.7 Km
Indoor Area 228 SqM
Price per SqM ฿15,351
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 200 SqM
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. 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 (Jan 2014)
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) 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.
N/A
Listed By
Private Owner
Unit ID U1389486

Investment Opportunity: Charges & Yield

Sale Price
฿3,500,000
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.
19
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.
5%

Project Details

Developer: LWS Real Estate
Construction: Completed (Jan 2014)
Units: 257
Project Area: 48,000 SqM
Nearest Landmark Lanna Golf Course - 4.7 Km
Location: San Sai, Chiang Mai
The Greenery Villa (Maejo) Project Details

Project Features

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

Available Units at The Greenery Villa (Maejo)

For Sale 7 For Rent 2

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at The Greenery Villa (Maejo) including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Lanna Golf Course is the nearest Golf from The Greenery Villa (Maejo) and it is 4.7 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 Greenery Villa (Maejo) 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

Do you own a property at The Greenery Villa (Maejo)?

Find out how much your property is worth and start your listing for free.

Reviews

3.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Very peaceful and shady house
Khun Tanon, Thailand, 2 years ago
I've been living on this project for almost five years. The atmosphere is pleasant, shady, and peaceful. The neighbors are lovely. Unfortunately, the road in the project is pretty narrow, so some of the neighbors have to park their cars in front of their house. It is difficult to drive some days because I want to avoid an accident. However, the project is in a fantastic location, near a local community, shops, and many delicious restaurants. It is easy to get in and out of the city, and it takes just 10 minutes to get to Tesco Lotus. Very convenient!
Chiang Mai
Nong Chom

Neighborhood Overview

Location and Neighborhood

Street View

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