2 Bedroom House for sale at The Palm Garden 4

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San Phak Wan, Hang Dong,Chiang Mai
Unit ID: U1140752
5% Rental Yield
฿2,750,000
2 Bedrooms
2 Bathrooms
100 SqM Indoor Area
2 Storeys
Aug 2018 Completed

About This House

This property is a 100 SqM house with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Palm Garden 4 project in San Phak Wan, Chiang Mai and was completed in Aug 2018. You can buy this house for a base price of ฿2,750,000 (฿27,500/SqM) and it is also available for long term rentals starting from ฿12,000 per month.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type House (Single Detached)
Storeys 2
Location San Phak Wan, Hang Dong, Chiang Mai
Bedrooms 2
Nearest Landmark Mae Hia Fresh Market -3.4 Km
Indoor Area 100 SqM
Price per SqM ฿27,500
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 156 SqM
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 2018)
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, Unblocked Open 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.
N/A
Listed By
Private Owner
Date Listed Aug 17, 2022
Last Updated 3 weeks ago
Unit ID U1140752

3D Walkthrough

Investment Opportunity: Charges & Yield

Sale Price
฿2,750,000
Rent
฿12,000/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.
19
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.
5%

Project Details

Project Name: The Palm Garden 4
Developer: N/A
Construction: Completed (Aug 2018)
Units: 64
Project Area: N/A
Nearest Landmark Mae Hia Fresh Market - 3.4 Km
Location: San Phak Wan, Hang Dong, Chiang Mai
The Palm Garden 4 Project Details

Project Features

Communal Pool Communal Pool
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area

Available Units at The Palm Garden 4

For Sale 1 For Rent 1

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at The Palm Garden 4 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Mae Hia Fresh Market is the nearest Market from The Palm Garden 4 and it is 3.4 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 Palm Garden 4 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 Phak Wan

Neighborhood Overview

Location and Neighborhood

Street View

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