3 Bedroom Townhouse for sale at Karnkanok Town 1

 (Write Review)
Chai Sathan, Saraphi,Chiang Mai
Unit ID: U1984733
7% Rental Yield
3 Bedrooms
2 Bathrooms
82 SqM Indoor Area
2 Storeys
Sep 2018 Completed

About This Townhouse

This property is a 82 SqM townhouse with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Chai Sathan, Chiang Mai and was completed in Sep 2018. You can buy this townhouse for a base price of £43,800 (£534/SqM).

Townhome 2 story Near ACIS School and City

Townhouse for sale, 2.2M Discount to 1.89 M Kanchanakanok Town Village 1, located on the road next to the railway. House size 21.40 square meters Width 5.7 meters 2 parking spaces 3 bedrooms / 1 6-foot bed / 1 wardrobe / 1 dressing table 2 bathrooms / 2 water heaters 2 air conditioners 1 gas stove, 1 sink, 1 table, 1 dining table 1 water tank  

Features

Covered ParkingCovered Parking

Basic Information

Date Listed Dec 15, 2024
Updated 3 days ago
Property Type Townhouse
Storeys 2
Location Chai Sathan, Chiang Mai
Bedrooms 3
Nearest Landmark Boonthavorn Chiang Mai -1.2 Km
Indoor Area 82 SqM
Price per SqM £534
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 85.60 SqM
Pets Cats and Dogs (small only)
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 (Sep 2018)
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) Blocked 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 U1984733

Investment Opportunity: Charges & Yield

Sale Price
£43,800
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 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 townhouses at Karnkanok Town 1, and the current sales price.
7%

Project Details

Project Name: Karnkanok Town 1
Developer: N/A
Construction: Completed (Jan 2017)
Units: 489
Project Area: N/A
Nearest Landmark Boonthavorn Chiang Mai - 1.2 Km
Location: Chai Sathan, Chiang Mai
Karnkanok Town 1 Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area

Available Units at Karnkanok Town 1

For Sale 1 For Rent 4
Get notified when new homes are being added to Karnkanok Town 1
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Frequently Asked Questions

All kind of pets are allowed at Karnkanok Town 1 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Boonthavorn Chiang Mai is the nearest Shopping Mall from Karnkanok Town 1 and it is 1.2 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 Karnkanok Town 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

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Chiang Mai
Chai Sathan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Karnkanok Town 1

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Number of units
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Monthly Rentals
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Year Built
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Completion Status
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Location
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Number of units
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Sales Prices
£88.1K - £220K
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Location
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Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
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Number of units
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Monthly Rentals
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Year Built
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Completion Status
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