4 Bedroom House for sale at Phruek Wari Land and House

(1 Review)
Nong Chom, San Sai,Chiang Mai
Unit ID: U155063
3% Rental Yield
4 Bedrooms
4 Bathrooms
288 SqM Indoor Area
2 Storeys
Oct 2008 Completed

About This House

This property is a 288 SqM house with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Nong Chom, Chiang Mai and was completed in Oct 2008. You can buy this house for a base price of £230,000 (£797/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Outdoor SalaOutdoor Sala

Basic Information

Date Listed Mar 14, 2019
Updated 4 years ago
Property Type House
Storeys 2
Location Nong Chom, Chiang Mai
Bedrooms 4
Nearest Landmark Maejo University -5.2 Km
Indoor Area 288 SqM
Price per SqM £797
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 800 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 N/A
Construction Completed (Oct 2008)
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 4
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 U155063

Investment Opportunity: Charges & Yield

Sale Price
£230,000
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.
33
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 4 bedroom houses at Phruek Wari Land and House, and the current sales price.
3%

Project Details

Developer: N/A
Construction: Completed (Oct 2008)
Units: 101
Project Area: N/A
Nearest Landmark Maejo University - 5.2 Km
Location: Nong Chom, Chiang Mai
Phruek Wari Land and House Project Details

Project Features

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

Available Units at Phruek Wari Land and House

For Sale 2 For Rent 1
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Frequently Asked Questions

Maejo University is the nearest University from Phruek Wari Land and House and it is 5.2 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 Phruek Wari Land and House 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

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
I really like this place.
Maria Ottawa, United States, 4 years ago
My family and I have lived here for a long time. We adore this location because it is surrounded by numerous villages, making it very safe. The house I live in is a 5 bedroom house. It is very spacious, fully furnished, and tastefully decorated. The facilities in the project are complete, such as a swimming pool, fitness center, communal garden, clubhouse, etc. As for the location, it is not very close to the city of Chiang Mai, thus providing peace and quiet. Still, the neighborhood is considered quite a perfect location with restaurants, convenience stores, and department stores, such as Tesco Lotus Sansai and Home Pro San Sai. Overall, I am satisfied with this place.
Chiang Mai
Nong Chom

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Phruek Wari Land and House

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
Nong Chom, San Sai, Chiang Mai
Number of units
326
Sales Prices
£83.2K - £121K
Monthly Rentals
£464 - £742
Year Built
Jul 2008
Completion Status
Completed
Location
Nong Chom, San Sai, Chiang Mai
Number of units
150
Sales Prices
£76.5K
Monthly Rentals
N/A
Year Built
Dec 2011
Completion Status
Completed
Location
Nong Han, San Sai, Chiang Mai
Number of units
87
Sales Prices
£139K - £429K
▲ 4% overpriced
Monthly Rentals
£812
Year Built
Nov 2014
Completion Status
Completed
Location
Nong Han, San Sai, Chiang Mai
Number of units
95
Sales Prices
£197K - £336K
▲ 27% overpriced
Monthly Rentals
N/A
Year Built
Jan 2005
Completion Status
Completed
Location
Nong Chom, San Sai, Chiang Mai
Number of units
45
Sales Prices
£76.3K - £85.8K
▼ -36% underpriced
Monthly Rentals
£580
Year Built
Nov 2012
Completion Status
Completed
Location
Nong Chom, San Sai, Chiang Mai
Number of units
N/A
Sales Prices
£46.1K - £206K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Nong Chom, San Sai, Chiang Mai
Number of units
100
Sales Prices
£36.9K - £46.1K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Nong Han, San Sai, Chiang Mai
Number of units
111
Sales Prices
£74.2K
Monthly Rentals
N/A
Year Built
Dec 2013
Completion Status
Completed
Project Name
Sunshine Village
Location
Nong Chom, San Sai, Chiang Mai
Number of units
100
Sales Prices
£71.9K
▼ -3% underpriced
Monthly Rentals
£464
Year Built
Dec 2011
Completion Status
Completed
Project Name
Baan Nantana 2
Location
San Phisuea, San Sai, Chiang Mai
Number of units
208
Sales Prices
£104K
Monthly Rentals
N/A
Year Built
Dec 2004
Completion Status
Completed
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