4 Bedroom House for sale at The Prego

5 (1 Review)
Ton Pao, San Kamphaeng,Chiang Mai
Unit ID: U1013990
5% Rental Yield
฿4,290,720 Great Price
4 Bedrooms
4 Bathrooms
192 SqM Indoor Area
2 Storeys
Jun 2021 Completed

About This House

This property is a 192 SqM house with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the The Prego project in Ton Pao, Chiang Mai and was completed in Jun 2021. You can buy this house for a base price of ฿4,290,720 (฿22,348/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type House (Single Detached)
Storeys 2
Location San Kamphaeng, Chiang Mai
Bedrooms 4
Nearest Landmark Charoen Charoen fresh market -2.3 Km
Indoor Area 192 SqM
Price per SqM ฿22,348
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 224 SqM
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 (Jun 2021)
Furniture
Unfurnished
View(s) Garden View
Unit Type Gold
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.
฿2,688/mo
Listed By
Developer
Date Listed Jul 9, 2021
Last Updated 2 months ago
Unit ID U1013990

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿4,819,377
Great
฿4,870,000
Good
Fair
Above
฿5,840,000
Current asking Price: ฿4,290,720 | Rental estimate: ฿16,600/mo
This house is ฿528,657 BELOW MARKET (-11%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿4,290,720
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.
฿2,688/mo
Est. Rent
฿16,600/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.
22
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 4 bedroom houses at The Prego, and the current sales price.
5%

Project Details

Project Name: The Prego
Construction: Completed (Jun 2021)
Units: 300
Project Area: 211,200 SqM
Nearest Landmark Charoen Charoen fresh market - 2.3 Km
Location: San Kamphaeng, Chiang Mai
The Prego Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Communal Garden Area Communal Garden Area

Popular Facilities at The Prego

  • Communal Garden Area
    1st Floor
  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor

Available Units at The Prego

For Sale 10 For Rent 1
Get notified when new homes are being added to The Prego

Loan Calculator

Payment Plan

Gold Type Ready to Move
Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿50,000
2nd Installment
On handover
100%
Diamond & Platinum Type Ready to Move
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
฿100,000
2nd Installment
On handover
100%
Made to order
Installment Milestone Payment
Reservation Deposit
Immediately
฿30,000
1st Installment
Upon contract signing
฿200,000
2nd Installment
Down payment
20%
3rd Installment
On handover
80%

Frequently Asked Questions

All kind of pets are allowed at The Prego including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿12 per square meter based on the plot size of the property and is ฿2,688 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 Prego and it is 2.3 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 The Prego you have to follow these steps:

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

Gold Type Ready to Move
Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿50,000
2nd Installment
On handover
100%
Diamond & Platinum Type Ready to Move
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
฿100,000
2nd Installment
On handover
100%
Made to order
Installment Milestone Payment
Reservation Deposit
Immediately
฿30,000
1st Installment
Upon contract signing
฿200,000
2nd Installment
Down payment
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 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Beautiful house, very shady atmosphere
5 Andy Zhao, China, 1 year ago
It is a new house project, providing a shady atmosphere due to the abundance of trees. There is also a large common area with a park, a playground, a swimming pool, and a fitness room. Overall, it is peaceful, and there is a safe security system. For visitors, access and exit cards must be exchanged regularly. My house's decoration and design are standard. It is well-designed, there are four bedrooms that are a pretty good size. And the location is excellent since it has a small community mall with shops and restaurants in front of the project. Also, getting to the nearby places is in just a few minutes, excellent value!
Chiang Mai
Ton Pao

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Prego

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
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
363
Sales Prices
฿3.01M - ฿12.4M
Monthly Rentals
N/A
Year Built
Jul 2023
Completion Status
Off Plan
Project Name
Serence Park
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
115
Sales Prices
฿2.11M - ฿4.03M
Monthly Rentals
฿15.1K
Year Built
Jan 2016
Completion Status
Completed
Project Name
Serene Park
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
205
Sales Prices
฿4.03M - ฿4.32M
Monthly Rentals
N/A
Year Built
Feb 2022
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
145
Sales Prices
฿2.82M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
1028
Sales Prices
฿1.21M
▼ -44% underpriced
Monthly Rentals
N/A
Year Built
Jan 2002
Completion Status
Completed
Project Name
Sivalai Village 3
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
300
Sales Prices
฿2.67M - ฿5.54M
▼ -20% underpriced
Monthly Rentals
฿10.1K - ฿18.1K
Year Built
Jun 2009
Completion Status
Completed
Project Name
Inizio Chiangmai
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
336
Sales Prices
฿3.83M - ฿8.56M
▲ 16% overpriced
Monthly Rentals
N/A
Year Built
Feb 2015
Completion Status
Completed
Project Name
The City
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
50
Sales Prices
฿2.71M - ฿3.37M
Monthly Rentals
N/A
Year Built
Jun 2016
Completion Status
Completed
Project Name
The Esteem
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
108
Sales Prices
฿5.03M - ฿8.56M
▼ -23% underpriced
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
50
Sales Prices
฿2.52M
Monthly Rentals
N/A
Year Built
Sep 2012
Completion Status
Completed
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