4 Bedroom Villa for sale at HyLuxe Maerim

 (Write Review)
Rim Tai, Mae Rim,Chiang Mai
Unit ID: U1669216
4 Bedrooms
5 Bathrooms
490.42 SqM Indoor Area
2 Storeys
Mar 2024 Completed

About This Villa

This property is a 490.42 SqM villa with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Rim Tai, Chiang Mai and was completed in Mar 2024. You can buy this villa for a base price of £770,000 (£1,570/SqM).

Features

Wet BarWet Bar Private PoolPrivate Pool Rooftop TerraceRooftop Terrace Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony BathtubBathtub MicrowaveMicrowave TVTV

Basic Information

Date Listed Sep 18, 2023
Updated 1 year ago
Property Type Villa
Storeys 2
Location Rim Tai, Chiang Mai
Bedrooms 4
Nearest Landmark Dararassamee Hospital -1.3 Km
Indoor Area 490.42 SqM
Price per SqM £1,570
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 554 SqM
Pets All Kind of Pets Allowed
Villa Ownership

Foreign nationals can own the building (villa) in their own name, but not the land that it stands on.

Thai Ownership, Company
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, Company
Land Title Deed N/A
Construction Completed (Mar 2024)
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) Pool View, Garden View
Unit Type 4BR
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.
£185/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1669216

Investment Opportunity: Charges & Yield

Sale Price
£770,000
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.
£185/mo

Project Details

Project Name: HyLuxe Maerim
Construction: Completed (Mar 2024)
Units: 11
Project Area: 6,400 SqM
Nearest Landmark Dararassamee Hospital - 1.3 Km
Location: Rim Tai, Chiang Mai
HyLuxe Maerim Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at HyLuxe Maerim

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Payment Plan

Ready To Move
Installment Milestone Payment
Reservation Deposit
Immediately
£4,630
Reservation Deposit
Upon contract signing
£4,630
Reservation Deposit
Installment 6 Months
£9,250
1st Installment
On handover
95%
Made To Order
Installment Milestone Payment
Reservation Deposit
Immediately
£4,630
Reservation Deposit
Upon contract signing
£4,630
Reservation Deposit
Installment 12 Months
£9,250
1st Installment
On handover
90%

Frequently Asked Questions

All kind of pets are allowed at HyLuxe Maerim including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at HyLuxe Maerim is a fixed amount of £185. 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 HyLuxe Maerim and it is 1.3 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 HyLuxe Maerim you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Ready To Move
Installment Milestone Payment
Reservation Deposit
Immediately
£4,630
Reservation Deposit
Upon contract signing
£4,630
Reservation Deposit
Installment 6 Months
£9,250
1st Installment
On handover
95%
Made To Order
Installment Milestone Payment
Reservation Deposit
Immediately
£4,630
Reservation Deposit
Upon contract signing
£4,630
Reservation Deposit
Installment 12 Months
£9,250
1st Installment
On handover
90%


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
Rim Tai

Neighborhood Overview

Location and Neighborhood

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Projects Nearby HyLuxe Maerim

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Number of units
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Year Built
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Project Name
Location
Number of units
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Year Built
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Location
Rim Tai, Mae Rim, Chiang Mai
Number of units
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Number of units
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Location
San Pong, Mae Rim, Chiang Mai
Number of units
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Sales Prices
£57.8K - £81K
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Number of units
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