Biz Point 9

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San Phranet, San Sai,Chiang Mai

Unit ID: U85566
฿8,000,000
Bedroom
2 Bedrooms
Bathroom
4 Bathrooms
Indoor Area
136 SqM Indoor Area
Stairs
3 Storeys
Construction
May 2010 Completed

2 Bedroom Townhouse for sale at Biz Point 9

This property is a 136 SqM townhouse with 2 bedrooms and 4 bathrooms that is available for sale. It is part of the Biz Point 9 project in San Phranet, Chiang Mai and was completed in May 2010. You can buy this townhouse for a base price of ฿8,000,000 (฿58,824/SqM).

Features

Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony

Basic Information

Property Type Townhouse
Storeys 3
Location San Phranet, San Sai, Chiang Mai
Bedrooms 2
Nearest Landmark Chiang Mai Bus Terminal 2 Arcade -4.1 Km
Indoor Area 136 SqM
Price per SqM ฿58,824
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 112 SqM
Townhouse Ownership

Foreign nationals can own the building (townhouse) 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 (May 2010)
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) N/A
Unit Type N/A
Parking Spots N/A
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 Sep 24, 2018
Last Updated 1 year ago
Unit ID U85566

Price Analysis

Above Average
Estimated market value ฿6,173,150
Great
฿5,060,000
Good
Fair
Above
฿7,980,000
Current asking Price: ฿8,000,000
This townhouse is ฿1,826,850 ABOVE MARKET (30%) in the Chiang Mai area. It is analyzed against similar townhouses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿8,000,000

Project Details

Project Name: Biz Point 9
Developer: N/A
Construction: Completed (May 2010)
Units: 36
Project Area: N/A
Nearest Landmark Chiang Mai Bus Terminal 2 Arcade - 4.1 Km
Location: San Phranet, San Sai, Chiang Mai
Biz Point 9 Project Details

Project Features

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

Available Units at Biz Point 9

Loan Calculator

Frequently asked questions

Chiang Mai Bus Terminal 2 Arcade is the nearest Bus Terminal from Biz Point 9 and it is 4.1 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 Biz Point 9 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 Phranet

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