Unit ID: U1060986
16% Rental Yield
Tha Sala, Mueang Chiang Mai,Chiang Mai
฿2,850,000
3 Bedrooms
2
Bathrooms
180 SqM
Indoor Area
2
Storeys
Oct 2019
Completed

About This Townhouse

This property is a 180 SqM townhouse with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Tha Sala, Chiang Mai and was completed in Oct 2019. You can buy this townhouse for a base price of ฿2,850,000 (฿15,833/SqM).

Features

Garden AccessGarden Access Covered ParkingCovered Parking Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Feb 18, 2022
Updated 2 years ago
Property Type Townhouse
Storeys 2
Location Tha Sala, Chiang Mai
Bedrooms 3
Nearest Landmark N/A
Indoor Area 180 SqM
Price per SqM ฿15,833
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 69 SqM
Pets All Kind of Pets Allowed
Townhouse Ownership

Foreign nationals can own the building (townhouse) 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 (Oct 2019)
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
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
Electricity Price N/A
Water Price N/A
Unit ID U1060986

Investment Opportunity: Charges & Yield

Sale Price
฿2,850,000
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.
6
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 townhouses at Golden Town Charoenmuang-Superhighway, and the current sales price.
16%

Project Details

Developer: N/A
Construction: Completed (Oct 2019)
Units: 131
Project Area: N/A
Nearest Landmark N/A
Location: Tha Sala, Chiang Mai
Golden Town Charoenmuang-Superhighway Project Details

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Frequently Asked Questions

All kind of pets are allowed at Golden Town Charoenmuang-Superhighway including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.

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 Golden Town Charoenmuang-Superhighway 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

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Tha Sala

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Location and Neighborhood

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