3 Bedroom House for sale at The Celio

4.33 (1 Review)
San Phak Wan, Hang Dong,Chiang Mai
Unit ID: U166135
4% Rental Yield
฿2,430,000 ฿2,450,000 Great Price
3 Bedrooms
2 Bathrooms
109.50 SqM Indoor Area
1 Storeys
Aug 2013 Completed

About This House

This property is a 109.50 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the The Celio project in San Phak Wan, Chiang Mai and was completed in Aug 2013. You can buy this house for a base price of ฿2,430,000 (฿22,192/SqM).

Outstanding Features Of This Amazing House

Welcome to this amazing house! Here are the outstanding features:  Single-storey, three bedrooms with a small garden  Living area of 109.50 Sq.m set on a 67 Sq. wah plot  Teak floors for all three bedrooms  One bedroom with air-con, bed and mattress  Small garden with covered parking for one car  Partly furnished (fridge, washing machine, air cooler, two electric water heaters, one table and four chairs, curtains for all windows, nets)  Two minutes' drive to the nearest meeting market, which opens on Wednesday, Friday and Sunday evenings  Around 3 km away from Lanna International School Thailand - Primary Campus  Around 7 km away from American Pacific International School Primary (APISP) and Big C Super (Mae Hia)  10 km away from Ambassador Bilingual School Enjoy your stay here!

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Property Type House
Storeys 1
Location San Phak Wan, Hang Dong, Chiang Mai
Bedrooms 3
Nearest Landmark Chiang Mai International Airport -9 Km
Indoor Area 109.50 SqM
Price per SqM ฿22,192
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
158 SqM
Plot Size 268 SqM
House Ownership

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

Foreign 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.

Leasehold
Land Title Deed N/A
Construction Completed (Aug 2013)
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Lake View, Park View, Garden View
Unit Type N/A
Parking Spots 1
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.
฿670/mo
Listed By
Private Owner
Date Listed Jun 16, 2019
Last Updated 9 months ago
Unit ID U166135

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿3,161,335
Great
฿3,070,000
Good
Fair
Above
฿3,390,000
Current asking Price: ฿2,430,000 | Rental estimate: ฿8,610/mo
This house is ฿731,335 BELOW MARKET (-23%) 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
฿2,430,000
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.
฿670/mo
Est. Rent
฿8,610/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.
23
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 The Celio, and the current sales price.
4%

Project Details

Project Name: The Celio
Developer: CM Lanna Property
Construction: Completed (Aug 2013)
Units: 174
Project Area: 67,492 SqM
Nearest Landmark Chiang Mai International Airport - 9 Km
Location: San Phak Wan, Hang Dong, Chiang Mai
The Celio Project Details

Project Features

Communal Pool Communal Pool
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Communal Garden Area Communal Garden Area

Available Units at The Celio

For Sale 9 For Rent 2
Get notified when new homes are being added to The Celio

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at The Celio including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai International Airport is the nearest Airport from The Celio and it is 9 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 The Celio 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
Convenient to travel around
4.3 Narong Meechai, Thailand, 3 years ago
It is another detached house project that has a modern and very strict security system. Most importantly, there are 6 types of houses to choose from, but only 3 bedrooms are available. The house here faces the wind direction, making the inside of the house relatively cool and well ventilated. The atmosphere around the project is shady because there are many trees here—anyone who wants to use the pool during the holidays, I recommend avoiding it if possible because many people will use the service during the holidays. In terms of location, it is considered ok, convenient to travel, and close to Big C Super Center, where I can easily buy food.
Chiang Mai
San Phak Wan

Neighborhood Overview

Location and Neighborhood

Street View

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