The Wisdom House 1

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Nong Faek, Saraphi, Chiang Mai

For Sale 1 Unit
฿2,390,000
Construction
Jan 2018 Completed
Units
8 Units

The Wisdom House 1 in Nong Faek, Chiang Mai

The Wisdom House 1 is a house and villa project located in Nong Faek, Chiang Mai and was completed in Jan 2018. It has 8 units

Available Units at The Wisdom House 1

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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Frequently asked questions

Frequently asked questions about The Wisdom House 1
All kind of pets are allowed at The Wisdom House 1 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Fresh Market Saraphi is the nearest Market from The Wisdom House 1 and it is 1.9 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 The Wisdom House 1 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer


 

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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

Nong Faek

Neighborhood Overview of Nong Faek, Chiang Mai

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

The Wisdom House 1 is conveniently located just 430 m from Charoen Suk Phanich, which can be reached within 5 mins. by foot.

There are many other shops situated in the area of The Wisdom House 1, the 3 closest being:
- Golden Bee is 740 m away (about 9 mins. by foot)
- CM PLUS DIP is 2.1 km away (an approx. drive of 5 mins.)
- Khunpim jewelry is 3.3 km away (an approx. drive of 7 mins.)

The surrounding area, where The Wisdom House 1 is situated, offers a wide variety of restaurants. See the closest of them below:
- Jae Shrimp, Basil Leaves is 330 m away (a walk of about 4 mins.)
- SEPTEMBER brasserie is 790 m away (a walk of about 10 mins.)
- SIMPLE NOODLE SHOP is 610 m away (a walk of about 8 mins.)

Nong Faek Health is the nearest health facility, which is 950 m away (you can walk there in 12 mins.) from the project, while the closest schools in the proximity of The Wisdom House 1 are:
- Chiang Mai Intercare Nursing School is 910 m away (about 11 mins. by foot)
- Teacher Tan Music School is 980 m away (about 12 mins. by foot)
- Wat Weruwan School is 980 m away (about 12 mins. by foot)

Chiang Mai International Airport is located 19.6 km from The Wisdom House 1 and it takes about 27 mins. by car or taxi (depending on the traffic) to get there.

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