Lanna Montra

5 (1 Review)

Nong Khwai, Hang Dong,Chiang Mai

Unit ID: U75732
5% Rental Yield
฿18,000,000
Bedroom
3 Bedrooms
Bathroom
5 Bathrooms
Indoor Area
300 SqM Indoor Area
Stairs
2 Storeys
Construction
Dec 2015 Completed

3 Bedroom House for sale at Lanna Montra

This property is a 300 SqM house with 3 bedrooms and 5 bathrooms that is available for sale. It is part of the Lanna Montra project in Nong Khwai, Chiang Mai and was completed in Dec 2015. You can buy this house for a base price of ฿18,000,000 (฿60,000/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type House
Storeys 2
Location Nong Khwai, Hang Dong, Chiang Mai
Bedrooms 3
Indoor Area 300 SqM
Price per SqM ฿60,000
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 520 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 N/A
Construction Completed (Dec 2015)
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
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 Jun 4, 2018
Last Updated 2 years ago
Unit ID U75732

Price Analysis

Above Average
Estimated market value ฿16,802,209
Great
฿15,800,000
Good
Fair
Above
฿19,800,000
Current asking Price: ฿18,000,000 | Rental estimate: ฿72,800/mo
This house is ฿1,197,791 ABOVE MARKET (7%) 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
฿18,000,000
Est. Rent
฿72,800/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.
21
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 Lanna Montra, and the current sales price.
5%

Project Details

Project Name: Lanna Montra
Construction: Completed (Dec 2015)
Units: 60
Project Area: N/A
Location: Nong Khwai, Hang Dong, Chiang Mai
Lanna Montra Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Lanna Montra

For Sale 4 For Rent 1
Get notified when new homes are being added to Lanna Montra

Loan Calculator

Frequently asked questions

Hang Dong District Municipal Food Market is the nearest Market from Lanna Montra and it is 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 Lanna Montra 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 Lanna Montra?

Find out how much your property is worth and start your listing for free.

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
Beautiful and private house project.
5 Dean 888, China, 4 years ago
The house project here is beautifully designed in Lanna style, which is unique for me but likely typical of Chiang Mai people. The interior is luxuriously decorated and has high privacy. There is a reliable security system with a 24H security guard. My house is a large two-story house that is suitable for my pets. The project has only a few units available, which is so private. Plus, it’s very convenient to travel because it is close to Chiang Mai International Airport, Big C Hang Dong, and Lanna International School.

Chiang Mai

Nong Khwai

Neighborhood Overview

Location and Neighborhood

Street View

Similar Units

Favorite Compare
  • 6% Rental Yield
  • 3D Virtual Tour
฿14,900,000
4 5 395 SqM House

Home In Park

Nong Khwai, Hang Dong, Chiang Mai, Thailand
Favorite Compare
  • 4% Rental Yield
  • 3D Virtual Tour
฿19,000,000
4 5 450 SqM House

Lanna Thara Village

Nong Khwai, Hang Dong, Chiang Mai, Thailand
Favorite Compare
฿17,000,000
4 4 200 SqM Villa

The Masterpiece Scenery Hill

Nam Phrae, Hang Dong, Chiang Mai, Thailand
Favorite Compare
฿19,691,550
4 5 303.46 SqM Villa

Palm Springs Privato

Ban Waen, Hang Dong, Chiang Mai, Thailand
Favorite Compare
฿15,280,650
4 3 244.77 SqM Villa

Palm Springs Privato

Ban Waen, Hang Dong, Chiang Mai, Thailand
Favorite Compare
฿17,250,000
4 5 303.46 SqM Villa

Palm Springs Privato

Ban Waen, Hang Dong, Chiang Mai, Thailand
Favorite Compare
฿18,400,000
4 5 303.46 SqM Villa

Palm Springs Privato

Ban Waen, Hang Dong, Chiang Mai, Thailand
Favorite Compare
  • 3% Rental Yield
฿19,500,000
4 4 467 SqM House

Lanna Pinery Home

Nong Khwai, Hang Dong, Chiang Mai, Thailand
Favorite Compare
  • 5% Rental Yield
฿19,800,000
4 6 750 SqM House

Lanna Thara Village

Nong Khwai, Hang Dong, Chiang Mai, Thailand
Favorite Compare
  • 3D Virtual Tour
฿14,874,000
3 3 335 SqM House

Rochalia Residence

San Phak Wan, Hang Dong, Chiang Mai, Thailand

Projects Nearby Lanna Montra

Location
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
Home In Park
Location
Hang Dong, Chiang Mai, Thailand
Number of units
300
Sales Prices
฿5.7M - ฿14.9M
▼ -17% underpriced
Monthly Rentals
฿20K - ฿45K
Year Built
May 2008
Completion Status
Completed
Project Name
Lanna Pinery Home
Location
Hang Dong, Chiang Mai, Thailand
Number of units
60
Sales Prices
฿19.5M
▲ 21% overpriced
Monthly Rentals
฿20K - ฿55K
Year Built
Dec 2008
Completion Status
Completed
Location
Hang Dong, Chiang Mai, Thailand
Number of units
95
Sales Prices
฿3M
Monthly Rentals
N/A
Year Built
Feb 2015
Completion Status
Completed
Location
Hang Dong, Chiang Mai, Thailand
Number of units
141
Sales Prices
฿3.27M - ฿3.95M
Monthly Rentals
N/A
Year Built
Dec 2003
Completion Status
Completed
Location
Hang Dong, Chiang Mai, Thailand
Number of units
39
Sales Prices
฿15.3M - ฿39.7M
Monthly Rentals
N/A
Year Built
Dec 2020
Completion Status
Completed
Project Name
Moo Baan Sansaran
Location
Hang Dong, Chiang Mai, Thailand
Number of units
144
Sales Prices
฿5.5M - ฿7.69M
Monthly Rentals
฿22K - ฿29K
Year Built
Oct 2016
Completion Status
Completed
Project Name
Grand Tropicana
Location
Hang Dong, Chiang Mai, Thailand
Number of units
84
Sales Prices
฿13.4M
▼ -11% underpriced
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Project Name
Koolpunt Ville 9
Location
Hang Dong, Chiang Mai, Thailand
Number of units
2523
Sales Prices
฿2.68M - ฿9.9M
▼ -40% underpriced
Monthly Rentals
฿16K
Year Built
Mar 2009
Completion Status
Completed
Project Name
Malada Maz
Location
Hang Dong, Chiang Mai, Thailand
Number of units
116
Sales Prices
฿3.7M - ฿8.56M
▲ 4.2% overpriced
Monthly Rentals
N/A
Year Built
Oct 2017
Completion Status
Completed
Project Name
World Club Land
Location
Hang Dong, Chiang Mai, Thailand
Number of units
405
Sales Prices
฿2.4M - ฿72.5M
▼ -40.5% underpriced
Monthly Rentals
฿9K - ฿38K
Year Built
Nov 2014
Completion Status
Completed
Back to top