7 Bedroom House With 16 Rai Land Plot For Sale In Chiang Mai

Mae Raem, Mae Rim,Chiang Mai
Unit ID: U161749
2% Rental Yield
7 Bedrooms
6 Bathrooms
600 SqM Indoor Area
1 Storeys
Jan 2009 Completed

About This House

This property is a 600 SqM house with 7 bedrooms and 6 bathrooms that is available for sale. It is located in Mae Raem, Chiang Mai and was completed in Jan 2009. You can buy this house for a base price of ฿55,000,000 (฿91,667/SqM) and it is also available for long term rentals starting from ฿100,000 per month.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters

Basic Information

Date Listed Jun 12, 2019
Updated 3 years ago
Property Type House (Single Detached)
Storeys 1
Location Mae Raem, Chiang Mai
Bedrooms 7
Nearest Landmark N/A
Indoor Area 600 SqM
Price per SqM ฿91,667
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 19,200 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.

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.

Company
Land Title Deed Chanote
Construction Completed (Jan 2009)
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) Mountain View, Park View, Garden View
Water Price Government Rate
Electricity Price Government Rate
Unit Type N/A
Parking Spots N/A
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 U161749

Price Analysis

Great Price
Estimated market value ฿65,507,625
Great
฿57,700,000
Good
Fair
Above
฿66,800,000
Current asking Price: ฿55,000,000 | Advertised rental rate: ฿100,000/mo
This house is ฿10,507,625 BELOW MARKET (-16%) 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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