2 Bedroom Townhouse for sale at The Urbana 4

(1 Review)
Mae Hia, Mueang Chiang Mai,Chiang Mai
Unit ID: U1640974
15% Rental Yield
2 Bedrooms
3 Bathrooms
150 SqM Indoor Area
2 Storeys
Jan 2020 Completed

About This Townhouse

This property is a 150 SqM townhouse with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Mae Hia, Chiang Mai and was completed in Jan 2020. You can buy this townhouse for a base price of £55,500 (£370/SqM).

Features

TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Jul 24, 2023
Updated 1 year ago
Property Type Townhouse
Storeys 2
Location Mae Hia, Chiang Mai
Bedrooms 2
Nearest Landmark Chiang Mai International Airport -3.3 Km
Indoor Area 150 SqM
Price per SqM £370
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 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.

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 (Jan 2020)
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 1
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 U1640974

Investment Opportunity: Charges & Yield

Sale Price
£55,500
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.
7
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 2 bedroom townhouses at The Urbana 4, and the current sales price.
15%

Project Details

Project Name: The Urbana 4
Construction: Completed (Mar 2015)
Units: 200
Project Area: N/A
Nearest Landmark Chiang Mai International Airport - 3.3 Km
Location: Mae Hia, Chiang Mai
The Urbana 4 Project Details

Project Features

24H Security 24H Security
Car Parking Car Parking

Available Units at The Urbana 4

For Sale 1 For Rent 2
Get notified when new homes are being added to The Urbana 4
View All (1)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at The Urbana 4 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai International Airport is the nearest Airport from The Urbana 4 and it is 3.3 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 The Urbana 4 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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Modern townhome
Narung Boonchu, Thailand, 8 years ago
Newly built townhomes in modern style. It's a 3-bedroom townhome, which is a fitted size for my family. The project has a kids swimming pool where my children like to go. Plus, it is close to Sarasas Witaed Lanna School, where my children study at. It is also near the main road, Chiang Mai - Hang Dong, making my daily commute to work very convenient. It's indeed the right decision that I bought a townhome here.
Chiang Mai
Mae Hia

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Urbana 4

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Koolpunt Ville 6
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
295
Sales Prices
£98.1K
Monthly Rentals
£456 - £685
Year Built
Sep 2005
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
79
Sales Prices
£63.9K - £180K
▼ -3% underpriced
Monthly Rentals
£274 - £685
Year Built
Jun 2011
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
60
Sales Prices
£30.8K - £34.2K
▼ -21% underpriced
Monthly Rentals
£160
Year Built
Jan 2015
Completion Status
Completed
Project Name
Koolpunt Ville 5
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
624
Sales Prices
£110K - £121K
Monthly Rentals
N/A
Year Built
Jan 2017
Completion Status
Completed
Location
Nong Khwai, Mueang Chiang Mai, Chiang Mai
Number of units
147
Sales Prices
£103K - £194K
Monthly Rentals
£502 - £685
Year Built
Oct 2014
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
170
Sales Prices
£55.9K - £86.7K
Monthly Rentals
£342 - £525
Year Built
Jan 2016
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
236
Sales Prices
£183K - £297K
▲ 2% overpriced
Monthly Rentals
£799 - £1.12K
Year Built
Jan 2007
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
69
Sales Prices
£45.6K - £75.3K
▼ -25% underpriced
Monthly Rentals
£183 - £285
Year Built
Jan 2013
Completion Status
Completed
Project Name
Koolpunt Ville 4
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
56
Sales Prices
£63.9K
Monthly Rentals
N/A
Year Built
Sep 2005
Completion Status
Completed
Project Name
Pool Suite
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
195
Sales Prices
£54.5K - £91.3K
Monthly Rentals
£388 - £571
Year Built
Jan 2018
Completion Status
Completed
Back to top
  • Fazwaz Group Sites www.fazwaz.cn www.fazwaz.ru www.fazwaz.fr www.fazwaz.de www.fazwaz.es