4 Bedroom Villa for sale at Villa 888 Chiangmai

(1 Review)
Nong Phueng, Saraphi,Chiang Mai
Unit ID: U776378
4 Bedrooms
4 Bathrooms
300 SqM Indoor Area
2 Storeys
Dec 2021 Completed

About This Villa

This property is a 300 SqM villa with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the Villa 888 Chiangmai project in Nong Phueng, Chiang Mai and was completed in Dec 2021. You can buy this villa for a base price of ฿14,000,000 (฿46,667/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace BalconyBalcony Full Western KitchenFull Western Kitchen OvenOven

Basic Information

Date Listed Sep 8, 2023
Updated 7 months ago
Property Type Villa
Storeys 2
Location Nong Phueng, Chiang Mai
Bedrooms 4
Nearest Landmark Chiang Mai International Airport -7.7 Km
Indoor Area 300 SqM
Price per SqM ฿46,667
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 396 SqM
Pets All Kind of Pets Allowed
Villa Ownership

Foreign nationals can own the building (villa) 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 2021)
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) Mountain View, Pool View, Garden View
Unit Type Type C
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.
N/A
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U776378

Price Analysis

Above Average
Estimated market value ฿11,250,495
Great
฿7,570,000
Good
Fair
Above
฿14,000,000
Current asking Price: ฿14,000,000
This villa is ฿2,749,505 ABOVE MARKET (24%) in the Chiang Mai area. It is analyzed against similar villas 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

Sale Price
฿14,000,000

Project Details

Project Name: Villa 888 Chiangmai
Developer: N/A
Construction: Completed (Dec 2021)
Units: 20
Project Area: 28,800 SqM
Nearest Landmark Chiang Mai International Airport - 7.7 Km
Location: Nong Phueng, Chiang Mai
Villa 888 Chiangmai Project Details

Available Units at Villa 888 Chiangmai

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Frequently Asked Questions

All kind of pets are allowed at Villa 888 Chiangmai including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai International Airport is the nearest Airport from Villa 888 Chiangmai and it is 7.7 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 Villa 888 Chiangmai 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

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Reviews

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
I'm impressed with my stay here
Justin Timber, United Kingdom, 4 years ago
I decided to book a 5-bedroom villa here to stay during a holiday with family in Chiang Mai for a week. It's an excellent villa decorated in a beautiful garden with luxurious and warm wooden furniture. It also comes with a spacious and sufficient living space for my family. Most importantly, there is a private pool with mountain views. The general atmosphere around the villa is natural, full of green plants. In addition to the villa being surrounded by lush green nature, it is easily accessible to numerous amenities such as shops, restaurants, Tesco Lotus department stores, which are only a few minutes away. I'm impressed with my stay here and would like to thank the staff for taking good care. Next time, I'll definitely stay here again.
Chiang Mai
Nong Phueng

Neighborhood Overview

Location and Neighborhood

Street View

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