Pong Yang Vingt

4.33 (1 Review)

Pong Yaeng, Mae Rim,Chiang Mai

Unit ID: U169937
฿20,960,000 ฿28,256,100 Great Price
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
466 SqM Indoor Area
Stairs
2 Storeys
Construction
Jan 2019 Completed

3 Bedroom House for sale at Pong Yang Vingt

This property is a 466 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Pong Yang Vingt project in Pong Yaeng, Chiang Mai and was completed in Jan 2019. You can buy this house for a base price of ฿20,960,000 (฿44,979/SqM).

Features

Rooftop TerraceRooftop Terrace Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Property Type House
Storeys 2
Location Pong Yaeng, Mae Rim, Chiang Mai
Bedrooms 3
Nearest Landmark Doi Suthep Pui National Park -10.4 Km
Indoor Area 466 SqM
Price per SqM ฿44,979
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 345 SqM
House Ownership

Foreign nationals can own the building (house) in their own name but not the land that it stands on.

Leasehold
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.

Leasehold
Land Title Deed N/A
Construction Completed (Jan 2019)
Furniture
Unfurnished
View(s) Mountain View, Park View, Garden View
Unit Type B1
Parking Spots 3
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
Developer
Date Listed Aug 16, 2019
Last Updated 11 months ago
Unit ID U169937

Price Analysis

Great Price
Estimated market value ฿22,594,864
Great
฿21,100,000
Good
Fair
Above
฿30,700,000
Current asking Price: ฿20,960,000
This house is ฿1,634,864 BELOW 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿20,960,000

Project Details

Project Name: Pong Yang Vingt
Developer: Sansiri
Construction: Completed (Jan 2019)
Units: 20
Project Area: N/A
Nearest Landmark Doi Suthep Pui National Park - 10.4 Km
Location: Pong Yaeng, Mae Rim, Chiang Mai
Pong Yang Vingt Project Details

Project Features

Communal Pool Communal Pool
Clubhouse Clubhouse

Available Units at Pong Yang Vingt

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Frequently asked questions

No pets are allowed at Pong Yang Vingt unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Doi Suthep Pui National Park is the nearest National Park from Pong Yang Vingt and it is 10.4 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 Pong Yang Vingt 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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Reviews

4.3 out of 5 4.33
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A modern single house style in the middle of the perfect mist and the valley
4.3 Eliz Guerrette, United States, 1 year ago
My father bought a vacation home here because our family loves nature, forests, mountains, and cold weather all year round. This place is suitable for people who want to escape the bustling city to relax amid nature. I love this project because it is a spacious house with glass doors and windows exposed to fresh air. The weather during the day is cool and comfortable, no need to turn on the air conditioner for the cold night. The project facilities include a communal pool and a park with a large lake, allowing you to touch the fresh atmosphere no matter where you look. Apart from that, it has a 24-hour security system with CCTV. I often stay here, especially on the weekends or during long holidays, because I want to escape from the hustle and bustle city. One disadvantage here is that it is far from Chiang Mai International Airport and department stores, but it's not a big problem compared to our home's natural atmosphere.

Chiang Mai

Pong Yaeng

Neighborhood Overview

Location and Neighborhood

Street View

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