Phufha Garden Home

4.17 (1 Review)

Mae Hia, Mueang Chiang Mai,Chiang Mai

Unit ID: U967812
5% Rental Yield
฿3,500,000 Great Price
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
170 SqM Indoor Area
Stairs
2 Storeys
Construction
May 2014 Completed

3 Bedroom House for sale at Phufha Garden Home

This property is a 170 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Phufha Garden Home project in Mae Hia, Chiang Mai and was completed in May 2014. You can buy this house for a base price of ฿3,500,000 (฿20,588/SqM) and it is also available for long term rentals starting from ฿16,000 per month.

Features

BalconyBalcony MicrowaveMicrowave

Basic Information

Property Type House (Single Detached)
Storeys 2
Location Mae Hia, Mueang Chiang Mai, Chiang Mai
Bedrooms 3
Nearest Landmark Chiang Mai International Airport -3.3 Km
Indoor Area 170 SqM
Price per SqM ฿20,588
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 208 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 (May 2014)
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) Unblocked Open View
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 Jun 4, 2021
Last Updated 2 months ago
Unit ID U967812

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿5,551,174
Great
฿2,870,000
Good
Fair
Above
฿4,150,000
Current asking Price: ฿3,500,000 | Advertised rental rate: ฿16,000/mo
This house is ฿2,051,174 BELOW MARKET (-37%) 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
฿3,500,000
Rent
฿16,000/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.
18
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: Phufha Garden Home
Developer: N/A
Construction: Completed (May 2014)
Units: 200
Project Area: N/A
Nearest Landmark Chiang Mai International Airport - 3.3 Km
Location: Mae Hia, Mueang Chiang Mai, Chiang Mai
Phufha Garden Home Project Details

Project Features

Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Phufha Garden Home

For Sale 1 For Rent 1

Loan Calculator

Frequently asked questions

Chiang Mai International Airport is the nearest Airport from Phufha Garden Home and it is 3.3 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 Phufha Garden Home 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 Phufha Garden Home?

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Reviews

4.2 out of 5 4.17
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 to buy this house.
4.2 Justin Bernard, United States, 2 years ago
I bought a second-hand 3-bedroom house for the project because it was reasonably priced and had a spacious living area. It can support my family's needs very well. My house has a modern design which is a style that I like. Moreover, the general project atmosphere is quite suitable for living. It made me not hesitate in deciding to buy this house at all. Although there is nothing else in the common area, just a car parking and security system, I'm not serious about that anyway because my family and I spend most of our time doing activities together in the house. However, even though my house is not on the main road but still able to drive to Big C and Makro department stores easily, which are only a few minutes away. Overall, I made the right decision to buy this house.

Chiang Mai

Mae Hia

Neighborhood Overview

Location and Neighborhood

Street View

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