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    Profitable Apartment Complex for Sale Near Maejo University
    Pa Phai, San Sai,Chiang Mai
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    Sale Price
    £91,900
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    Profitable Apartment Complex for Sale Near Maejo University

    Pa Phai, San Sai,Chiang Mai
    Unit ID: U2012428
    Tenant-Occupied until Apr 30, 2025
    18 Bedrooms
    12 Bathrooms
    700 SqM Indoor Area
    Completed
    Sale Price
    £91,900
    14

    About This Townhouse

    This property is a 700 SqM townhouse with 18 bedrooms and 12 bathrooms that is available for sale. It is located in Pa Phai, Chiang Mai. You can buy this townhouse for a base price of £91,900 (£131/SqM).

    • Excellent investment opportunity!
    • This well-maintained apartment complex is located just 2 kilometers from Maejo University, offering a steady stream of rental income
    • Land size: 175 sq.wah
    • Six individual houses, each with: 3 bedrooms, 2 bathrooms
    • Fully furnished units, including: Beds, Wardrobes, Tables, Mattresses
    • Equipped with: Water heaters, Refrigerators, Gas stoves, Washing machines
    • 100% occupancy rate with long-term tenants (mostly students)
    • Current rental income: 28,000+ baht per month
    • Annual contracts with tenants, primarily students who stay for 3+ years until graduation.
     

    Features

    Covered ParkingCovered Parking

    Basic Information

    Date Listed Feb 14, 2025
    Updated 1 week ago
    Property Type Townhouse
    Storeys N/A
    Location Pa Phai, Chiang Mai
    Bedrooms 18
    Nearest Landmark Saitharnpraporn Church -1.9 Km
    Indoor Area 700 SqM
    Price per SqM £131
    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 700 SqM
    Pets Not 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
    Furniture
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    View(s) Unblocked Open View
    Water Price Government Rate
    Electricity Price Government Rate
    Unit Type N/A
    Parking Spots 6
    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
    Unit ID U2012428

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