4 Bedroom House for sale at Impress

(1 Review)
Rim Tai, Mae Rim,Chiang Mai
Unit ID: U1171842
6% Rental Yield
Tenant-Occupied until Aug 1, 2025
4 Bedrooms
3 Bathrooms
180 SqM Indoor Area
2 Storeys
Aug 2017 Completed

About This House

This property is a 180 SqM house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Rim Tai, Chiang Mai and was completed in Aug 2017. You can buy this house for a base price of £105,000 (£582/SqM) and it is also available for long term rentals starting from £524 per month.

House in Impress Maerim

4 bedrooms 3 bedrooms 2 kitchens 2 parking lot on land 75 sq.wha

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen OvenOven TVTV

Basic Information

Date Listed Nov 15, 2022
Updated 1 year ago
Property Type House (Single Detached)
Storeys 2
Location Rim Tai, Chiang Mai
Bedrooms 4
Nearest Landmark Dararassamee Hospital -0.3 Km
Indoor Area 180 SqM
Price per SqM £582
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 300 SqM
Pets All Kind of Pets 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 (Aug 2017)
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.
£21/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1171842

Investment Opportunity: Charges & Yield

Sale Price
£105,000
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.
£21/mo
Rent
£524/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.
17
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.
6%

Project Details

Project Name: Impress
Developer: N/A
Construction: Completed (Aug 2017)
Units: 40
Project Area: N/A
Nearest Landmark Dararassamee Hospital - 0.3 Km
Location: Rim Tai, Chiang Mai
Impress Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Clubhouse Clubhouse
24H Security 24H Security
Car Parking Car Parking

Available Units at Impress

For Sale 2 For Rent 1
Get notified when new homes are being added to Impress
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Frequently Asked Questions

All kind of pets are allowed at Impress including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at Impress is a fixed amount of £21. This amount has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Dararassamee Hospital is the nearest Hospital from Impress and it is 0.3 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 Impress 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

4.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The large detached house is ideal for living with family.
Namata Heru, Japan, 2 years ago
This house is situated in a prosperous location which is very natural. The atmosphere is tranquil and private, which is perfect for my needs. The house was designed in Thai style, with a modern interior design. The living area is as spacious as 700 sq.m., featuring 4 bedrooms and 5 bathrooms. It is the best place to live with big families. The surrounding atmosphere is pleasant, surrounded by numerous plants, offering a relaxing atmosphere suitable for relaxing all day long. The facilities provided are comprehensive, whether the hotel managed, swimming pool, gym, garden, car parking, or the security guard on duty 24 hours. In general, I love it here cause it is one of the interesting options for big families who wish to spend their long vacation.
Chiang Mai
Rim Tai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Impress

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
Rim Tai, Mae Rim, Chiang Mai
Number of units
N/A
Sales Prices
£203K
Monthly Rentals
£1.37K
Year Built
N/A
Completion Status
Completed
Project Name
Malada Maerim
Location
Mae Sa, Mae Rim, Chiang Mai
Number of units
81
Sales Prices
£90.7K - £126K
▲ 9% overpriced
Monthly Rentals
£685 - £799
Year Built
Dec 2019
Completion Status
Completed
Location
Mae Sa, Mae Rim, Chiang Mai
Number of units
139
Sales Prices
£49.1K - £1.83M
▼ -46% underpriced
Monthly Rentals
£342 - £3.42K
Year Built
Feb 2006
Completion Status
Completed
Project Name
HyLuxe Maerim
Location
Rim Tai, Mae Rim, Chiang Mai
Number of units
11
Sales Prices
£596K - £760K
Monthly Rentals
N/A
Year Built
Mar 2024
Completion Status
Completed
Location
Rim Tai, Mae Rim, Chiang Mai
Number of units
12
Sales Prices
£502K
Monthly Rentals
N/A
Year Built
Jan 2013
Completion Status
Made To Order
Location
Rim Tai, Mae Rim, Chiang Mai
Number of units
24
Sales Prices
£1.35M - £3.54M
▼ -2% underpriced
Monthly Rentals
N/A
Year Built
Dec 2010
Completion Status
Completed
Project Name
Baan Kaew Sa
Location
Rim Nuea, Mae Rim, Chiang Mai
Number of units
150
Sales Prices
£34.2K - £142K
Monthly Rentals
£388 - £639
Year Built
Dec 2012
Completion Status
Completed
Location
Mae Sa, Mae Rim, Chiang Mai
Number of units
110
Sales Prices
£70.7K - £79.9K
▼ -9.5% underpriced
Monthly Rentals
£571
Year Built
Jul 2015
Completion Status
Completed
Location
San Pong, Mae Rim, Chiang Mai
Number of units
284
Sales Prices
£57.1K - £72.8K
▼ -50% underpriced
Monthly Rentals
£457
Year Built
Apr 2016
Completion Status
Completed
Location
Mueang Kaeo, Mae Rim, Chiang Mai
Number of units
104
Sales Prices
£108K - £160K
▼ -6.3% underpriced
Monthly Rentals
£571
Year Built
Dec 2020
Completion Status
Made To Order
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