3 Bedroom Villa for sale at Baan Thanaboon Property

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San Phak Wan, Hang Dong,Chiang Mai
Unit ID: U2008888
11% Rental Yield
Tenant-Occupied until Feb 26, 2025
3 Bedrooms
2 Bathrooms
140 SqM Indoor Area
1 Storeys
Completed

About This Villa

This property is a 140 SqM villa with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in San Phak Wan, Chiang Mai. You can buy this villa for a base price of £162,000 (£1,160/SqM) and it is also available for long term rentals starting from £1,550 per month.

Features

Private PoolPrivate Pool TerraceTerrace

Basic Information

Date Listed Feb 6, 2025
Updated 1 day ago
Property Type Villa
Storeys 1
Location San Phak Wan, Chiang Mai
Bedrooms 3
Nearest Landmark Ginger Farm Chiang Mai -3.1 Km
Indoor Area 140 SqM
Price per SqM £1,160
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 296 SqM
Pets Not Allowed
Villa Ownership

Foreign nationals can own the building (villa) 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
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) N/A
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 U2008888

Investment Opportunity: Charges & Yield

Sale Price
£162,000
Rent
£1,550/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.
9
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.
11%

Project Details

Project Name: Baan Thanaboon Property
Developer: N/A
Construction: Completed
Units: 90
Project Area: N/A
Nearest Landmark Ginger Farm Chiang Mai - 3.1 Km
Location: San Phak Wan, Chiang Mai
Baan Thanaboon Property Project Details

Project Features

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

Available Units at Baan Thanaboon Property

For Sale 3 For Rent 5
Get notified when new homes are being added to Baan Thanaboon Property
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Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Baan Thanaboon Property.
Ginger Farm Chiang Mai is the nearest Tourist Attraction from Baan Thanaboon Property and it is 3.1 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 Baan Thanaboon Property 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
San Phak Wan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Baan Thanaboon Property

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
San Phak Wan, Hang Dong, Chiang Mai
Number of units
8
Sales Prices
£450K - £1.12M
Monthly Rentals
N/A
Year Built
Jan 2028
Completion Status
Off Plan
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
66
Sales Prices
£264K - £293K
▲ 10.3% overpriced
Monthly Rentals
N/A
Year Built
Dec 2019
Completion Status
Completed
Project Name
The KOJI Premium
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
6
Sales Prices
£270K - £287K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
151
Sales Prices
£50K - £66.4K
Monthly Rentals
N/A
Year Built
Nov 2014
Completion Status
Completed
Project Name
The Celio
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
174
Sales Prices
£57.8K - £131K
▼ -6.4% underpriced
Monthly Rentals
£357 - £595
Year Built
Aug 2013
Completion Status
Completed
Project Name
Baan Kwanwieng
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
379
Sales Prices
£70.2K
Monthly Rentals
£309
Year Built
Jan 2017
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
N/A
Sales Prices
£179K
Monthly Rentals
£333 - £1.07K
Year Built
May 2008
Completion Status
Completed
Project Name
Proud Kwang Wiang
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
4
Sales Prices
£178K
Monthly Rentals
£952 - £2.02K
Year Built
N/A
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
51
Sales Prices
£56.9K - £227K
Monthly Rentals
£452 - £500
Year Built
Dec 2024
Completion Status
Completed
Project Name
Mirana Home
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
N/A
Sales Prices
£66.6K - £80.7K
Monthly Rentals
N/A
Year Built
Jan 2024
Completion Status
Completed
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