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    4 Bedroom House for sale at Moo Baan Pimuk 1
    San Sai Noi, San Sai,Chiang Mai
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    Sale Price
    $120,000
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    4 Bedroom House for sale at Moo Baan Pimuk 1
     (Write Review)
    Unit ID: U1764438
    7% Rental Yield
    San Sai Noi, San Sai,Chiang Mai
    $120,000
    4 Bedrooms
    3
    Bathrooms
    2,476 Sqft
    Indoor Area
    2
    Storeys
    Completed
    17
    Sale Price
    $120,000

    About This House

    This property is a 2,476 Sqft house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the Moo Baan Pimuk 1 project in San Sai Noi, Chiang Mai. You can buy this house for a base price of $120,000 ($48/Sqft) and it is also available for long term rentals starting from $736 per month.

    Features

    Rooftop TerraceRooftop Terrace TerraceTerrace BalconyBalcony Full Western KitchenFull Western Kitchen Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed Mar 21, 2024
    Updated 4 weeks ago
    Property Type House (Single Detached)
    Storeys 2
    Location San Sai Noi, Chiang Mai
    Bedrooms 4
    Nearest Landmark Chiang Mai Bus Terminal 2 Arcade -2.8 Km
    Indoor Area 2,476 Sqft
    Price per Sqft $48
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    635 Sqft
    Plot Size 3,111 Sqft
    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
    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) Unblocked Open View
    Unit Type N/A
    Parking Spots 5
    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.
    $8/mo
    Listed By
    Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
    Agent / Partner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1764438

    Investment Opportunity: Charges & Yield

    Sale Price
    $120,000
    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.
    $8/mo
    Rent
    $736/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.
    14
    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.
    7%

    Project Details

    Project Name: Moo Baan Pimuk 1
    Developer: N/A
    Construction: Completed (Dec 2010)
    Units: 300
    Project Area: N/A
    Nearest Landmark Chiang Mai Bus Terminal 2 Arcade - 2.8 Km
    Location: San Sai Noi, Chiang Mai
    Moo Baan Pimuk 1 Project Details

    Project Features

    Car Parking Car Parking

    Available Units at Moo Baan Pimuk 1

    For Sale 1 For Rent 2
    • All
    • 4 Beds
    Get notified when new homes are being added to Moo Baan Pimuk 1
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    Frequently Asked Questions

    Chiang Mai Bus Terminal 2 Arcade is the nearest Bus Terminal from Moo Baan Pimuk 1 and it is 2.8 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 Moo Baan Pimuk 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

    Sale Price : ฿5,759,000
    FazWaz Estimate : ฿5,550,000
    Price Rating : Great Price
    Sale Price : ฿12,140,999
    FazWaz Estimate : ฿11,990,999
    Price Rating : Great Price
    Sale Price : ฿1299,999
    FazWaz Estimate : ฿179,999
    Price Rating : Overpriced
    Sale Price : ฿159,999
    FazWaz Estimate : ฿149,999
    Price Rating : Fair Price

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    Chiang Mai
    San Sai Noi

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