3 Bedroom House for sale at Setthasiri SanSai

(1 Review)
Nong Chom, San Sai,Chiang Mai
Unit ID: U1895524
5% Rental Yield
3 Bedrooms
3 Bathrooms
1,798 Sqft Indoor Area
2 Storeys
Feb 2016 Completed

About This House

This property is a 1,798 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Nong Chom, Chiang Mai and was completed in Feb 2016. You can buy this house for a base price of ₿2.252 (₿0.001/Sqft).

Features

TerraceTerrace DuplexDuplex BalconyBalcony

Basic Information

Date Listed Jul 16, 2024
Updated 5 months ago
Property Type House (Single Detached)
Storeys 2
Location Nong Chom, Chiang Mai
Bedrooms 3
Nearest Landmark Chiang Mai Bus Terminal 2 Arcade -5 Km
Indoor Area 1,798 Sqft
Price per Sqft ₿0.001
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
1,798 Sqft
Plot Size 2,626 Sqft
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
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 Nor Sor 3
Construction Completed (Feb 2016)
Furniture
Unfurnished
View(s) Unblocked Open 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.
₿0/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1895524

Investment Opportunity: Charges & Yield

Sale Price
₿2.252
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.
₿0/mo
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.
19
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 Setthasiri SanSai, and the current sales price.
5%

Project Details

Project Name: Setthasiri SanSai
Developer: Sansiri
Construction: Completed (Feb 2016)
Units: 160
Project Area: N/A
Nearest Landmark Chiang Mai Bus Terminal 2 Arcade - 5 Km
Location: Nong Chom, Chiang Mai
Setthasiri SanSai 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 Setthasiri SanSai

For Sale 11 For Rent 8
Get notified when new homes are being added to Setthasiri SanSai
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Frequently Asked Questions

All kind of pets are allowed at Setthasiri SanSai including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at Setthasiri SanSai is a fixed amount of ₿0. This amount 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.
Chiang Mai Bus Terminal 2 Arcade is the nearest Bus Terminal from Setthasiri SanSai and it is 5 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 Setthasiri SanSai 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

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
An excellent and quiet project
Kate Pradit, Thailand, 4 years ago
I would like to recommend this project very much. It's very quiet and suitable for relaxing. The atmosphere is great. My mother came to rest for two weeks. She was so impressed that she didn't go back to Bangkok. Besides the atmosphere, the security system here is also excellent. Also, non-residents have to exchange their entry-exit cards all the time. There are a clubhouse, a swimming pool, a fitness center, and other services. The after-sales service of the project is very attentive to customers. You can't go wrong with deciding to buy this project. The project is next to the main road, near the fresh market and Tesco Lotus Ruamchok, which takes about 5 minutes to drive away.
Chiang Mai
Nong Chom

Neighborhood Overview

Location and Neighborhood

Street View

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