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    3 Bedroom House for sale at Villa Flora Chiangmai
    Nong Khwai, Hang Dong,Chiang Mai
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    Sale Price
    ₿2.635
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    3 Bedroom House for sale at Villa Flora Chiangmai

    (1 Review)
    Nong Khwai, Hang Dong,Chiang Mai
    Unit ID: U670532
    4% Rental Yield
    3 Bedrooms
    3 Bathrooms
    2,723 Sqft Indoor Area
    Jan 2019 Completed
    (1 Review)
    Sale Price
    ₿2.635
    Good Price Good Price
    11

    About This House

    This property is a 2,723 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Nong Khwai, Chiang Mai and was completed in Jan 2019. You can buy this house for a base price of ₿2.635 (₿0.001/Sqft).

    Features

    BalconyBalcony BathtubBathtub

    Basic Information

    Date Listed Mar 11, 2021
    Updated 3 years ago
    Property Type House
    Storeys N/A
    Location Nong Khwai, Chiang Mai
    Bedrooms 3
    Nearest Landmark Hang Dong District Municipal Food Market -6.9 Km
    Indoor Area 2,723 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.
    N/A
    Plot Size N/A
    Pets N/A
    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.

    N/A
    Land Title Deed N/A
    Construction Completed (Jan 2019)
    Furniture
    Unfurnished
    View(s) Unblocked Open View
    Unit Type Type 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 U670532

    Investment Opportunity: Charges & Yield

    Sale Price
    ₿2.635
    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.
    25
    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 Villa Flora Chiangmai, and the current sales price.
    4%

    Project Details

    Project Name: Villa Flora Chiangmai
    Developer: N/A
    Construction: Completed (Jan 2019)
    Units: 49
    Project Area: N/A
    Nearest Landmark Hang Dong District Municipal Food Market - 6.9 Km
    Location: Nong Khwai, Chiang Mai
    Villa Flora Chiangmai Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)

    Available Units at Villa Flora Chiangmai

    For Sale 5 For Rent 1
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Villa Flora Chiangmai
    View All (5)

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    Frequently Asked Questions

    Hang Dong District Municipal Food Market is the nearest Market from Villa Flora Chiangmai and it is 6.9 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 Villa Flora Chiangmai 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
    Beautiful village and great location
    Tony Kim, South Korea, 4 years ago
    A beautiful village with, quiet and shady atmosphere. My house is a two-story detached house with a vast living area, suitable for having a pet. The house has private parking. The project is secured with strict security systems, giving me peace of mind. The neighbors are friendly. Plus, it's also located in a good location, close to Ratchapruek Intersection. There are many restaurants around.
    Chiang Mai
    Nong Khwai

    Neighborhood Overview

    Location and Neighborhood

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