3 Bedroom House for sale at Setthasiri SanSai

5 (1 Review)
Nong Chom, San Sai,Chiang Mai
Unit ID: U1042672
5% Rental Yield
฿9,000,000
3 Bedrooms
3 Bathrooms
160 SqM Indoor Area
2 Storeys
Feb 2016 Completed

About This House

This property is a 160 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Setthasiri SanSai project in Nong Chom, Chiang Mai and was completed in Feb 2016. You can buy this house for a base price of ฿9,000,000 (฿56,250/SqM).

Features

Private GardenPrivate Garden BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Property Type House
Storeys 2
Location Nong Chom, San Sai, Chiang Mai
Bedrooms 3
Nearest Landmark Chiang Mai Bus Terminal 2 Arcade -5 Km
Indoor Area 160 SqM
Price per SqM ฿56,250
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 300 SqM
House Ownership

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

N/A
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.

N/A
Land Title Deed N/A
Construction Completed (Feb 2016)
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) City 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.
฿1,500/mo
Listed By
Private Owner
Date Listed Nov 17, 2021
Last Updated 10 months ago
Unit ID U1042672

Investment Opportunity: Charges & Yield

Sale Price
฿9,000,000
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.
฿1,500/mo
Est. Rent
฿35,800/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 Setthasiri SanSai, and the current sales price.
5%

Project Details

Project Name: Setthasiri SanSai
Developer: Sansiri
Construction: Completed (Feb 2016)
Units: 160
Project Area: N/A
Nearest Landmark Chiang Mai Bus Terminal 2 Arcade - 5 Km
Location: Nong Chom, San Sai, Chiang Mai
Setthasiri SanSai 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

Available Units at Setthasiri SanSai

For Sale 5 For Rent 2
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Frequently Asked Questions

All kind of pets are allowed at Setthasiri SanSai including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at Setthasiri SanSai is a fixed amount of ฿1,500. This amount has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Chiang Mai Bus Terminal 2 Arcade is the nearest Bus Terminal from Setthasiri SanSai and it is 5 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 Setthasiri SanSai 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

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
An excellent and quiet project
5 Kate Pradit, Thailand, 2 years ago
I would like to recommend this project very much. It's very quiet and suitable for relaxing. The atmosphere is great. My mother came to rest for two weeks. She was so impressed that she didn't go back to Bangkok. Besides the atmosphere, the security system here is also excellent. Also, non-residents have to exchange their entry-exit cards all the time. There are a clubhouse, a swimming pool, a fitness center, and other services. The after-sales service of the project is very attentive to customers. You can't go wrong with deciding to buy this project. The project is next to the main road, near the fresh market and Tesco Lotus Ruamchok, which takes about 5 minutes to drive away.
Chiang Mai
Nong Chom

Neighborhood Overview

Location and Neighborhood

Street View

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