4 Bedroom House for sale at Home In Park

(2 Reviews)
Nong Khwai, Hang Dong,Chiang Mai
Unit ID: U1381572
5% Rental Yield
4 Bedrooms
3 Bathrooms
2,153 Sqft Indoor Area
2 Storeys
May 2008 Completed

About This House

This property is a 2,153 Sqft house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Nong Khwai, Chiang Mai and was completed in May 2008. You can buy this house for a base price of ₿1.487 (₿0.001/Sqft) and it is also available for long term rentals starting from ₿0.006 per month.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Mar 10, 2023
Updated 1 month ago
Property Type House (Single Detached)
Storeys 2
Location Nong Khwai, Chiang Mai
Bedrooms 4
Nearest Landmark Hang Dong District Municipal Food Market -2.7 Km
Indoor Area 2,153 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.
215 Sqft
Plot Size 5,167 Sqft
Pets Cats and Dogs (all sizes)
House Ownership

Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

N/A
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 (May 2008)
Furniture
Unfurnished
View(s) Garden View, 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1381572

Investment Opportunity: Charges & Yield

Sale Price
₿1.487
Rent
₿0.006/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.
21
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
5%

Project Details

Project Name: Home In Park
Developer: N/A
Construction: Completed (May 2008)
Units: 300
Project Area: 3,055,142 Sqft
Nearest Landmark Hang Dong District Municipal Food Market - 2.7 Km
Location: Nong Khwai, Chiang Mai
Home In Park Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security

Available Units at Home In Park

For Sale 3 For Rent 4
Get notified when new homes are being added to Home In Park
View All (3)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Home In Park including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Hang Dong District Municipal Food Market is the nearest Market from Home In Park and it is 2.7 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 Home In Park 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
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Home In Park A Must See If Looking To Make C.M. Your Home
Michael Joseph, Current Resident, 2 years ago
To help others who are making a decision to relocate to Chiang Mai or looking to upgrade to a larger hom certainly look at the community of Home In Park and drive thru in the day and evening time because what you will observe unlike other communities are children playing in addition to the adults strolling. Home In Park is a farang friendly community which will have you and your family feel comfortable and at home in addition that nearby are many farang friendly restaurants, shopping and schools. This current home for sale is on a wide street with welcoming neighbor's and conveniently located up the block from the main office, tennis court, fittness room and community pool. The home had been upgraded to western standards so mechanically it will give you many years of service and all top quality materials had been used. In addition a separate 75 sq meter auxiliary home was built with it's own bathroom, kitchen and laundry area which can be used as an extension of the main home for guests, children and or an office and it was designed with a architectural full sized interior bricks which sets it apart from all the others and another feature is that it can be metered separately if needed for the electric. The home has it's own auxiliary well water in addition to the community water and the entire property was designed to easily navigate and maintain. This home is priced well for a potential buyer and is offering more than any of the others and is in one of the most desirable communities so we welcome any questions that you may have.
Family's home in Thailand
Noah Walker, United States, 6 years ago
Since I moved to Thailand, this house has become a family home. I've been renting it for about 8 years. It's a two-story home with four bedrooms. The house is spacious with a small front lawn. I really like the atmosphere here. It's shady and peaceful. I can wake up in the morning to fully breathe in the fresh air. The project also has a large common area with a swimming pool, a tennis court, and a clubhouse. As for the location, it is very convenient. Not very central, but easy to travel. The neighborhood has many international schools. Driving to Kad Farang takes less than 10 minutes.
Chiang Mai
Nong Khwai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Home In Park

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Year Built
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Location
Number of units
Sales Prices
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Year Built
Completion Status
Project Name
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Location
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Number of units
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₿1.507 - ₿2.360
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Number of units
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₿2.125 - ₿4.553
▼ -3.5% underpriced
Monthly Rentals
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Year Built
Dec 2015
Completion Status
Completed
Project Name
The Prive'
Location
Ban Waen, Hang Dong, Chiang Mai
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₿1.059
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Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
60
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₿1.184 - ₿8.953
▼ -13% underpriced
Monthly Rentals
₿0.005 - ₿0.017
Year Built
Dec 2008
Completion Status
Completed
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
20
Sales Prices
₿0.728 - ₿2.398
Monthly Rentals
₿0.014
Year Built
Dec 2014
Completion Status
Completed
Location
Ban Waen, Hang Dong, Chiang Mai
Number of units
5
Sales Prices
₿3.403 - ₿5.334
Monthly Rentals
N/A
Year Built
Dec 2024
Completion Status
Completed
Project Name
Royal View
Location
Ban Waen, Hang Dong, Chiang Mai
Number of units
60
Sales Prices
₿0.332
Monthly Rentals
₿0.006 - ₿0.020
Year Built
Jan 2000
Completion Status
Completed
Project Name
Mod Chic
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
300
Sales Prices
₿2.322
Monthly Rentals
₿0.010
Year Built
N/A
Completion Status
Made To Order
Location
Ban Waen, Hang Dong, Chiang Mai
Number of units
141
Sales Prices
₿0.728 - ₿1.199
▼ -5% underpriced
Monthly Rentals
N/A
Year Built
Dec 2003
Completion Status
Completed
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