3 Bedroom House for sale at Wararom Charoenmuang

(1 Review)
Ton Pao, San Kamphaeng,Chiang Mai
Unit ID: U1886890
7% Rental Yield
Tenant-Occupied until Jul 1, 2025
3 Bedrooms
3 Bathrooms
160 SqM Indoor Area
2 Storeys
Completed

About This House

This property is a 160 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Ton Pao, Chiang Mai. You can buy this house for a base price of £123,000 (£767/SqM) and it is also available for long term rentals starting from £694 per month.

Vararom CharoenMuang 3 Bedrooms For Sale and For Rent

This property in Vararom Village, Charoen Muang, is available for sale at 5.3 million THB and for rent at 30,000 THB per month with a lease contract of at least 1 year. The rent requires payment for 3 months in advance. The property includes a spacious living room, kitchen, laundry room, covered parking, and garden space. It features a 68-square-wah plot (272 square meters) with a comfortable 160-square-meter living area, comprising 3 bedrooms and 3 bathrooms. Additionally, the village amenities include a clubhouse, swimming pool, and fitness facilities.

Features

Garden AccessGarden Access Covered ParkingCovered Parking Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV Cable TVCable TV Gardening IncludedGardening Included

Basic Information

Date Listed Jun 29, 2024
Updated 2 months ago
Property Type House
Storeys 2
Location Ton Pao, Chiang Mai
Bedrooms 3
Nearest Landmark Promenada Chiang Mai -3.7 Km
Indoor Area 160 SqM
Price per SqM £767
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
112 SqM
Plot Size 272 SqM
Pets Not Allowed
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 Chanote
Construction Completed
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, 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 U1886890

Investment Opportunity: Charges & Yield

Sale Price
£123,000
Rent
£694/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.
15
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.
7%

Project Details

Project Name: Wararom Charoenmuang
Developer: Q Houses
Construction: Completed (Dec 2008)
Units: 262
Project Area: N/A
Nearest Landmark Promenada Chiang Mai - 3.7 Km
Location: Ton Pao, Chiang Mai
Wararom Charoenmuang Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Wararom Charoenmuang

For Sale 7 For Rent 2
Get notified when new homes are being added to Wararom Charoenmuang
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Frequently Asked Questions

Promenada Chiang Mai is the nearest Shopping Mall from Wararom Charoenmuang and it is 3.7 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 Wararom Charoenmuang 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

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A quiet and shady place
Jiyeon Park, South Korea, 4 years ago
I fell in love with this place all over again. It's peaceful and shady, especially during the winter. It is so refreshing. The village has a large park, as well as a swimming pool and a fitness center. The house has two floors, three bedrooms, and three bathrooms. There is a green area surrounding the house, with private parking. The neighbors are lovely and friendly. The security guards take good care of residents. The location is excellent, right on the main road, it takes about 10 minutes to travel to Promenada Chiang Mai. Recommend!
Chiang Mai
Ton Pao

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Wararom Charoenmuang

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
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
153
Sales Prices
£103K - £136K
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
169
Sales Prices
£73K - £123K
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Year Built
Feb 2015
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
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£157K - £219K
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£502 - £2.51K
Year Built
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Completion Status
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Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
66
Sales Prices
£86.5K - £97.9K
Monthly Rentals
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Year Built
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Completion Status
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Project Name
Baan Na Cheun
Location
San Klang, San Kamphaeng, Chiang Mai
Number of units
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Sales Prices
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▲ 11.5% overpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Project Name
The Esteem
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
108
Sales Prices
£63.7K - £201K
▼ -20% underpriced
Monthly Rentals
£685 - £799
Year Built
Dec 2015
Completion Status
Completed
Project Name
Chiang Mai View 1
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
N/A
Sales Prices
£176K
Monthly Rentals
N/A
Year Built
Oct 2022
Completion Status
Completed
Project Name
Sivalai Village 4
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
375
Sales Prices
£68.2K - £274K
▼ -11% underpriced
Monthly Rentals
£525 - £822
Year Built
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Completion Status
Completed
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