Unit ID: U1051488
5% Rental Yield
San Pu Loei, Doi Saket,Chiang Mai
฿4,550,000
3 Bedrooms
3
Bathrooms
145.76 SqM
Indoor Area
2
Storeys
Jun 2015
Completed

About This House

This property is a 145.76 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in San Pu Loei, Chiang Mai and was completed in Jun 2015. You can buy this house for a base price of ฿4,550,000 (฿31,216/SqM).

Features

Private GardenPrivate Garden Garden AccessGarden Access Covered ParkingCovered Parking

Basic Information

Date Listed Jan 11, 2022
Updated 2 years ago
Property Type House (Single Detached)
Storeys 2
Location San Pu Loei, Chiang Mai
Bedrooms 3
Nearest Landmark Central Chiangmai -4.3 Km
Indoor Area 145.76 SqM
Price per SqM ฿31,216
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 240 SqM
Pets All Kind of Pets 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.

N/A
Land Title Deed N/A
Construction Completed (Jun 2015)
Furniture
N/A
View(s) Garden View
Unit Type Chayanan
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
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1051488

Investment Opportunity: Charges & Yield

Sale Price
฿4,550,000
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 3 bedroom houses at Koolpunt Ville 15 Park Avenue, and the current sales price.
5%

Project Details

Developer: Koolpuntville Group
Construction: Completed (Jun 2015)
Units: 259
Project Area: 9,600 SqM
Nearest Landmark Central Chiangmai - 4.3 Km
Location: San Pu Loei, Chiang Mai
Koolpunt Ville 15 Park Avenue 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

Available Units at Koolpunt Ville 15 Park Avenue

For Sale 6 For Rent 2
Get notified when new homes are being added to Koolpunt Ville 15 Park Avenue
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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
Deposit
Upon contract signing
30%
1st Installment
On handover
70%

Frequently Asked Questions

All kind of pets are allowed at Koolpunt Ville 15 Park Avenue including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Central Chiangmai is the nearest Shopping Mall from Koolpunt Ville 15 Park Avenue and it is 4.3 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 Koolpunt Ville 15 Park Avenue you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
Deposit
Upon contract signing
30%
1st Installment
On handover
70%


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

Reviews

4 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Near Chiang Mai city, tranquil atmosphere, pets are allowed.
John Webber, United States, 6 years ago
I have the opportunity to move to Chiang Mai to work. All of my family had to move, including my children and wife. So I bought a house that is not far from the city. Everyone loves this home because the area is spacious, comes with 4 bedrooms and 5 bathrooms. Yet, the price is reasonable. My wife loves the communal garden as it is shady and pleasant; they always spend their time leisurely. For me, I love the simple design but looks beautiful. By the way, my house is a single 2-story with a lush green garden and swing for the evening chill. We can also raise a small pet to play with as a friend to play with. As for the location, it is convenient to access Mueang Chiang Mai within 20 minutes for shopping and enjoying activities comfortably.
Chiang Mai
San Pu Loei

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Koolpunt Ville 15 Park Avenue

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Year Built
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Project Name
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Location
San Pu Loei, Doi Saket, Chiang Mai
Number of units
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฿2.39M - ฿3.59M
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Year Built
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Made To Order
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San Pu Loei, Doi Saket, Chiang Mai
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Completion Status
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฿2.99M - ฿3.09M
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San Phranet, Doi Saket, Chiang Mai
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