3 Bedroom House for sale at Karnkanok 19

5 (1 Review)
Chang Khlan, Mueang Chiang Mai,Chiang Mai
Unit ID: U670256
5% Rental Yield
฿3,605,000 Great Price
3 Bedrooms
2 Bathrooms
120 SqM Indoor Area
2 Storeys
Mar 2017 Completed

About This House

This property is a 120 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Karnkanok 19 project in Chang Khlan, Chiang Mai and was completed in Mar 2017. You can buy this house for a base price of ฿3,605,000 (฿30,042/SqM).

Features

TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen Renovated KitchenRenovated Kitchen (2017) MicrowaveMicrowave TVTV

Basic Information

Property Type House (Single Detached)
Storeys 2
Location Chang Khlan, Mueang Chiang Mai, Chiang Mai
Bedrooms 3
Nearest Landmark Centralplaza Chiangmai Airport -1.6 Km
Indoor Area 120 SqM
Price per SqM ฿30,042
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 92 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 (Mar 2017)
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) River or Canal View, Mountain View, City 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.
฿600/mo
Listed By
Private Owner
Date Listed Mar 10, 2021
Last Updated 1 year ago
Unit ID U670256

Price Analysis

Great Price
Estimated market value ฿4,449,466
Great
฿3,750,000
Good
Fair
Above
฿5,160,000
Current asking Price: ฿3,605,000 | Rental estimate: ฿15,800/mo
This house is ฿844,466 BELOW MARKET (-19%) in the Chiang Mai area. It is analyzed against similar houses 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
฿3,605,000
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.
฿600/mo
Est. Rent
฿15,800/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom houses at Karnkanok 19, and the current sales price.
5%

Project Details

Project Name: Karnkanok 19
Construction: Completed (Dec 2016)
Units: 285
Project Area: N/A
Nearest Landmark Centralplaza Chiangmai Airport - 1.6 Km
Location: Chang Khlan, Mueang Chiang Mai, Chiang Mai
Karnkanok 19 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna

Available Units at Karnkanok 19

For Sale 4 For Rent 4
Get notified when new homes are being added to Karnkanok 19

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Karnkanok 19 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Centralplaza Chiangmai Airport is the nearest Shopping Mall from Karnkanok 19 and it is 1.6 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 Karnkanok 19 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

Do you own a property at Karnkanok 19?

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Reviews

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
I made the right decision.
5 Wanchai T., Thailand, 6 years ago
I moved into the townhouse of this project for a year now. I made the right decision in purchasing this 3 bedroom townhome throughout my stay here because I've never encountered any problems since I've been here. Importantly, the location is near The Far Eastern University, Robinson Department Store, and Rajavej Chiang Mai Hospital, making my daily life easier and more comfortable. Besides being a good location, it provides a complete range of facilities in the common area, such as the swimming pool, gym, and sauna, which ideally meet my living needs.
Chiang Mai
Chang Khlan

Neighborhood Overview

Location and Neighborhood

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Projects Nearby Karnkanok 19

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Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
One Plus 19
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
78
Sales Prices
฿1.36M - ฿1.46M
▲ 13% overpriced
Monthly Rentals
N/A
Year Built
Jan 2014
Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
78
Sales Prices
฿1.84M
▼ -35% underpriced
Monthly Rentals
N/A
Year Built
Dec 2016
Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
77
Sales Prices
฿1.56M
Monthly Rentals
N/A
Year Built
Jan 2017
Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
74
Sales Prices
฿9.65M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
Ping Condominium
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
76
Sales Prices
฿1.16M
Monthly Rentals
฿7.8K
Year Built
Dec 2013
Completion Status
Completed
Project Name
Galae Thong Condo
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
250
Sales Prices
฿3.41M
Monthly Rentals
N/A
Year Built
Dec 1995
Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
250
Sales Prices
฿1.26M - ฿3.21M
▼ -46% underpriced
Monthly Rentals
฿6.34K - ฿8.29K
Year Built
May 2009
Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
108
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฿2.58M - ฿24.4M
▲ 18.8% overpriced
Monthly Rentals
฿19.5K
Year Built
Aug 2014
Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
380
Sales Prices
฿1.9M - ฿3.16M
Monthly Rentals
N/A
Year Built
Mar 2020
Completion Status
Completed
Project Name
Astra Sky River
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
520
Sales Prices
฿4.02M - ฿9.39M
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Monthly Rentals
N/A
Year Built
Dec 2021
Completion Status
Completed
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