5 Bedroom House for sale at Palm Spring Country Home

(1 Review)
Nong Hoi, Mueang Chiang Mai,Chiang Mai
Unit ID: U149471
5 Bedrooms
7 Bathrooms
550 SqM Indoor Area
1 Storeys
May 2010 Completed

About This House

This property is a 550 SqM house with 5 bedrooms and 7 bathrooms that is available for sale. It is part of the Palm Spring Country Home project in Nong Hoi, Chiang Mai and was completed in May 2010. You can buy this house for a base price of ฿10,500,000 (฿19,091/SqM).

Features

Media Room/CinemaMedia Room/Cinema Rooftop TerraceRooftop Terrace Private GardenPrivate Garden Covered ParkingCovered Parking Corner UnitCorner Unit

Basic Information

Date Listed Oct 9, 2019
Updated 3 years ago
Property Type House
Storeys 1
Location Nong Hoi, Chiang Mai
Bedrooms 5
Nearest Landmark Chiang Mai Immigration -2.6 Km
Indoor Area 550 SqM
Price per SqM ฿19,091
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 607.60 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
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 (May 2010)
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) City View, Blocked View
Unit Type N/A
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
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U149471

Price Analysis

Great Price
Estimated market value ฿18,778,679
Great
฿12,800,000
Good
Fair
Above
฿24,400,000
Current asking Price: ฿10,500,000
This house is ฿8,278,679 BELOW MARKET (-44%) 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

Project Details

Construction: Completed (May 2010)
Units: 56
Project Area: N/A
Nearest Landmark Chiang Mai Immigration - 2.6 Km
Location: Nong Hoi, Chiang Mai
Palm Spring Country Home Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
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Frequently Asked Questions

All kind of pets are allowed at Palm Spring Country Home including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai Immigration is the nearest Immigration Office from Palm Spring Country Home and it is 2.6 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 Palm Spring Country Home 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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Cozy house in a peaceful atmosphere
Jennifer Lee, China, 3 years ago
I've been renting this house for a month, and I'm pleased with it. The host is very nice, and the house is lovely with a beautiful interior, and it is also fully furnished. What I like best is the kitchen, which has all of the equipment I need. The project is also in the heart of the city. It is easy to travel anywhere, not far from Chiang Mai International Airport and various shopping centers. At first, I looked at many places. Then, I chose this one, and it's the right choice I've made. As for the price, it's not expensive. It's worth it!!!
Chiang Mai
Nong Hoi

Neighborhood Overview

Location and Neighborhood

Street View

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