5 Bedroom House for sale at Grand Tropicana

(6 Reviews)
Nong Khwai, Hang Dong,Chiang Mai
Unit ID: U21293
5 Bedrooms
4 Bathrooms
395 SqM Indoor Area
2 Storeys
9 Months Made To Order

About This House

This property is a 395 SqM house with 5 bedrooms and 4 bathrooms that is available for sale. It is part of the Grand Tropicana project in Nong Khwai, Chiang Mai and will be built within 9 months of purchase. You can buy this house for a base price of ฿19,350,000 (฿48,987/SqM).

Be the Proud Owner of Your New Home in 9 Months! Grand Tropicana Chiang Mai

Are you looking for the absolute perfect house in an up and coming area to call your own? This 5 bedroom, 4 bathroom 395 SqM property in the Grand Tropicana project in Nong Khwai, Chiang Mai is the one for you! Located right in the heart of the burgeoning area of Nong Khwai with easy access to all of the amenities, you can make this house your own.This property is constructed with top quality materials ensuring a durable and long-lasting build for years to come. When finished, the house will feature high ceiling to let in plenty of natural light and luminous spaces, complete with a balcony and a garden for unwinding and relaxing.Plus, you won't have to wait long for the house to be completed. With only a 9-month build timeline, you will be the proud owner of your new home sooner rather than later.At a price of ฿13,350,000 which works out to ฿33,797/SqM this home delivers excellent value for money. For those seeking a feature-rich house in the up and coming area of Nong Khwai, this is the right deal for you! Act now and enquire on this property as it's sure to be snapped up in no time!

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed Nov 4, 2016
Updated 3 years ago
Property Type House
Storeys 2
Location Nong Khwai, Chiang Mai
Bedrooms 5
Nearest Landmark Hang Dong District Municipal Food Market -3.7 Km
Indoor Area 395 SqM
Price per SqM ฿48,987
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 800 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 Chanote
Construction Made To Order (9 Months)
Furniture
Unfurnished
View(s) Park View, Garden View
Unit Type 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.
฿1,580/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U21293

Price Analysis

Above Average
Estimated market value ฿14,329,790
Great
฿11,900,000
Good
Fair
Above
฿15,000,000
Current asking Price: ฿19,350,000
This house is ฿5,020,210 ABOVE MARKET (35%) 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

Sale Price
฿19,350,000
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.
฿1,580/mo

Project Details

Project Name: Grand Tropicana
Developer: N/A
Construction: Made To Order (9 Months)
Units: 84
Project Area: N/A
Nearest Landmark Hang Dong District Municipal Food Market - 3.7 Km
Location: Nong Khwai, Chiang Mai
Grand Tropicana Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna

Available Units at Grand Tropicana

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Frequently Asked Questions

The common area maintenance fee is ฿4 per square meter based on the size of indoor area of the property and is ฿1,580 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.
Hang Dong District Municipal Food Market is the nearest Market from Grand Tropicana and it is 3.7 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 Grand Tropicana 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

4.3 out of 5
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Quality projects in Chiang Mai. A spacious house with a private swimming pool.
Anuwat K., Thailand, 4 years ago
The projects of the Sansaran Group can be called magnificent for every project. The villages are located in the same neighborhood as well. It is a quality chain that everyone would like to invest in and perfect for living. Before I decided to buy here, I went through the details for a while, and I chose to buy Grand Tropicana because I love the size of 5 bedrooms with a private pool, suitable for large families. Plus, it is also suitable for socializing at various parties. Apart from that, what I like is the spacious common area with a great security system !!
Beautiful location, good atmosphere
Setsuko Balicki, Finland, 4 years ago
The project is in a good and excellent location near the mountain. The atmosphere is generally quiet. A 24-hour security guard guards the entrance to the village. Each house has its privacy with gated walls. The house structure and design are beautiful, according to plan. There is a lot of usable space. The house is decorated in luxury, modern, and very usable. To be honest, I am very impressed and not disappointed in choosing to buy a house for this project.
I finally found my dream home
Naphat Thong., Thailand, 4 years ago
I finally found my dream home. It's currently under construction, and it's expected to be completed within a few months. The house I bought is a five-bedroom detached house with enough space for my family members. The house looks very spacious and elegant, and the design of it is luxurious and unique. Also, I can enjoy a stunning mountain range from the project, which is a pleasant and inviting atmosphere. I can't wait to move into this house.
Accommodate large families and suit all questions.
Marvin Je., Thailand, 4 years ago
I live with my family, a fairly large family, which the house can accommodate a lot of residents. The house is spacious with 4 bedrooms, a wide area, airy, and included many amenities such as a swimming pool, fitness, and much more. It is very convenient to meet the needs of most large families. It is also not far from shopping malls, universities, and other tourist attractions.
Beautiful mountain view
Daniel Chan, Singapore, 5 years ago
The village here is a good source of fresh air for the residents. From the project, you can see the mountain view of Wat Doi Pao. It's a peaceful place to stay in a quiet atmosphere. The house is large, suitable for living with a big family because there are 4 bedrooms. The house is very modern and elegant in a spacious area. Even though the project is built to order, the construction is much quicker than I expected. I am very happy to move. The neighbors are cute and super friendly, just like a gift from heaven.
Perfect house
Eakkachai Pirom, Thailand, 5 years ago
I plan to do business in Chiang Mai, look for a house for my family when they come to visit and invest in the future. Therefore, I wanted a place with a big space in a good location. I found it here. The location is in a peaceful area but not far from many amenities, including Chiang Mai Airport, Central Plaza Chiang Mai Airport, hospitals, and universities. Let's look at the house itself; I like the Lanna style design; it is beautiful and luxurious. Each home is large, with many usable spaces suitable for a large family. High-quality materials are used for decoration. The project's facilities are also complete. We can see the mountain view from the house, which is so enjoyable as there is cold air throughout, so relaxing! I think It is a dream house that everyone will love. Moreover, the price is not very high. I recommend it if anyone is looking for the right place with nice weather in Chiang Mai, this is a perfect choice.
Chiang Mai
Nong Khwai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Grand Tropicana

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
Moo Baan Sansaran
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
144
Sales Prices
฿5.5M - ฿8.2M
▼ -16% underpriced
Monthly Rentals
N/A
Year Built
Oct 2016
Completion Status
Completed
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
6
Sales Prices
฿47M
Monthly Rentals
N/A
Year Built
Dec 2019
Completion Status
Completed
Project Name
Mod Chic
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
300
Sales Prices
฿7.65M
Monthly Rentals
฿33K
Year Built
N/A
Completion Status
Made To Order
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
62
Sales Prices
฿21M
Monthly Rentals
N/A
Year Built
Jan 1999
Completion Status
Completed
Project Name
Lanna Pinery Home
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
60
Sales Prices
฿4.9M - ฿29.5M
▼ -11% underpriced
Monthly Rentals
฿17K - ฿55K
Year Built
Dec 2008
Completion Status
Completed
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
95
Sales Prices
฿3M
Monthly Rentals
N/A
Year Built
Feb 2015
Completion Status
Completed
Project Name
Lanna Montra
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
60
Sales Prices
฿6.9M - ฿15M
▼ -3.5% underpriced
Monthly Rentals
฿32K - ฿35K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Home In Park
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
300
Sales Prices
฿4.9M - ฿14.9M
▼ -11% underpriced
Monthly Rentals
฿19.5K - ฿35K
Year Built
May 2008
Completion Status
Completed
Location
Nam Phrae, Hang Dong, Chiang Mai
Number of units
257
Sales Prices
฿2.64M - ฿17M
▼ -8.7% underpriced
Monthly Rentals
N/A
Year Built
Aug 2017
Completion Status
Completed
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
100
Sales Prices
฿1.8M - ฿2M
Monthly Rentals
฿8K - ฿8.4K
Year Built
Nov 2017
Completion Status
Completed
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