3 Bedroom House for sale at The Urbana 1

(2 Reviews)
Tha Sala, Mueang Chiang Mai,Chiang Mai
Unit ID: U1361698
6% Rental Yield
3 Bedrooms
3 Bathrooms
228 SqM Indoor Area
2 Storeys
Dec 2015 Completed

About This House

This property is a 228 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Tha Sala, Chiang Mai and was completed in Dec 2015. You can buy this house for a base price of £152,000 (£665/SqM).

This property has ready kitchen Stove,Hood+Washing basin, Air conditioner 1.8 btu. 1 unit ,1.2 btu 2 unit ,Water heater 2 units,Water pump and water tank for cleaning the backyard.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony TVTV

Basic Information

Date Listed Dec 21, 2022
Updated 2 years ago
Property Type House (Single Detached)
Storeys 2
Location Tha Sala, Chiang Mai
Bedrooms 3
Nearest Landmark Chiang Mai Immigration -5.1 Km
Indoor Area 228 SqM
Price per SqM £665
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 220 SqM
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.

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 N/A
Construction Completed (Dec 2015)
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) Garden 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 U1361698

Investment Opportunity: Charges & Yield

Sale Price
£152,000
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.
18
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 The Urbana 1, and the current sales price.
6%

Project Details

Project Name: The Urbana 1
Construction: Completed (Dec 2015)
Units: 423
Project Area: N/A
Nearest Landmark Chiang Mai Immigration - 5.1 Km
Location: Tha Sala, Chiang Mai
The Urbana 1 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking

Available Units at The Urbana 1

For Sale 12 For Rent 6
Get notified when new homes are being added to The Urbana 1
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Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at The Urbana 1.
Chiang Mai Immigration is the nearest Immigration Office from The Urbana 1 and it is 5.1 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 1 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
corner unit with stunning view
Verified Visitor, 3 years ago
Good house maintenance with nice view , convenient location for going commercial and educational facilities
A single-detached house, perfect for the family!
Kanchai Downgdee, Thailand, 8 years ago
I just moved into a new house for this project. The house has 3 bedrooms, 3 bathrooms, is modernly decorated, and meets my lifestyle very well because the house is on the main road. It is easy to get to the nearby amenities, such as Promenada Chiang Mai, Big C, Varee Chiangmai International School, and Bangkok Hospital Chiang Mai. More specially, there is also a swimming pool, fitness center, and garden on the project site for the residents to enjoy it. It is comfortable both inside and outside the project.
Chiang Mai
Tha Sala

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Urbana 1

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
The Urbana 3
Location
Tha Sala, Mueang Chiang Mai, Chiang Mai
Number of units
237
Sales Prices
£65K - £97.6K
Monthly Rentals
£302 - £743
Year Built
Nov 2014
Completion Status
Completed
Location
Nong Hoi, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
£151K
▼ -25% underpriced
Monthly Rentals
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May 2010
Completion Status
Completed
Location
Chai Sathan, Mueang Chiang Mai, Chiang Mai
Number of units
89
Sales Prices
£88.3K - £221K
▼ -10% underpriced
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Oct 2020
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Completed
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Chai Sathan, Mueang Chiang Mai, Chiang Mai
Number of units
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£23K - £58.1K
Monthly Rentals
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Year Built
Jun 1994
Completion Status
Completed
Location
Chai Sathan, Mueang Chiang Mai, Chiang Mai
Number of units
234
Sales Prices
£97.6K - £139K
▲ 10.3% overpriced
Monthly Rentals
£697 - £813
Year Built
Dec 2015
Completion Status
Completed
Project Name
The Urbana 5
Location
Chai Sathan, Mueang Chiang Mai, Chiang Mai
Number of units
97
Sales Prices
£81.1K
Monthly Rentals
N/A
Year Built
Oct 2015
Completion Status
Completed
Project Name
Baan Karnkanok 12
Location
Nong Phueng, Mueang Chiang Mai, Chiang Mai
Number of units
315
Sales Prices
£109K - £174K
▼ -41% underpriced
Monthly Rentals
£581 - £1.21K
Year Built
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Completion Status
Completed
Project Name
Palm Spring Place
Location
Nong Hoi, Mueang Chiang Mai, Chiang Mai
Number of units
182
Sales Prices
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Monthly Rentals
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Year Built
Jan 2009
Completion Status
Completed
Location
Tha Sala, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
£465K
Monthly Rentals
N/A
Year Built
Mar 2015
Completion Status
Completed
Project Name
Barcelona
Location
Tha Sala, Mueang Chiang Mai, Chiang Mai
Number of units
1389
Sales Prices
£56.2K - £135K
Monthly Rentals
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Year Built
Dec 2025
Completion Status
Off Plan
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