The Prominence

3.78 (3 Reviews)

Tha Sala, Mueang Chiang Mai,Chiang Mai

Unit ID: U21150
฿6,780,000 ฿8,071,000
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
185 SqM Indoor Area
Stairs
2 Storeys
Construction
Jan 2015 Completed

About This House

This property is a 185 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the The Prominence project in Tha Sala, Chiang Mai and was completed in Jan 2015. You can buy this house for a base price of ฿6,780,000 (฿36,649/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Property Type House
Storeys 2
Location Tha Sala, Mueang Chiang Mai, Chiang Mai
Bedrooms 3
Nearest Landmark Promenada Chiang Mai -1.6 Km
Indoor Area 185 SqM
Price per SqM ฿36,649
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 355.60 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, Company
Land Title Deed N/A
Construction Completed (Jan 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 D - The Palazzo
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.
฿4,625/mo
Listed By
Developer
Date Listed Nov 4, 2016
Last Updated 5 months ago
Unit ID U21150

Investment Opportunity: Charges & Yield

Sale Price
฿6,780,000
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.
฿4,625/mo

Project Details

Project Name: The Prominence
Construction: Completed (Jan 2015)
Units: 80
Project Area: 35,200 SqM
Nearest Landmark Promenada Chiang Mai - 1.6 Km
Location: Tha Sala, Mueang Chiang Mai, Chiang Mai
The Prominence Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at The Prominence

Get notified when new homes are being added to The Prominence

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Payment Plan

Untitle
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
Deposit
within 14 days
฿100,000
Down Payment
On handover
15%

Frequently Asked Questions

All kind of pets are allowed at The Prominence including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿25 per square meter based on the total built-up area of the property and is ฿4,625 for this house. This fee 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.
Promenada Chiang Mai is the nearest Shopping Mall from The Prominence and it is 1.6 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 Prominence you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

Untitle
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
Deposit
within 14 days
฿100,000
Down Payment
On handover
15%

 

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

3.8 out of 5 3.78
Based on
3 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Single detached houses have a large usable area
3.8 Palmira Wolfe, Brazil, 2 years ago
We are new members of this village and just moved in shortly, and we met many nice neighbors. Everyone seems to be friendly and always ready to help each other out. The house we bought for this project is a 2-story house, 3 bedrooms, 3 bathrooms. The house area is sufficient to create a small garden. We think we will add a little to the kitchen in the future because the former kitchen has too little space. When cooking, the smell enters the house, and it takes time to let the smell go. Overall, the common area is very good and consists of various facilities, a communal pool, a children's playground, and a garden. The road in the village is spacious and perfect. It is such a pleasant place to live in.
The house is very airy and well-ventilated.
3.3 Yingchai L, Thailand, 2 years ago
This year has been the third year I moved in here. I am very impressed by many things. The neighbors here are nice and friendly. Not far from Ruamchok Market and many nearby fresh markets. If you work in the city, it only takes 15-20 minutes. Life in Chiang Mai is good and doesn't have to be as rushed as a big city. In the cities, the car isn't stuck at all, and traveling is convenient. The house is very airy and well-ventilated. I think no need to turn on the air conditioner, especially in winter. The project itself looks outdated and old, but it is repaired and well-maintained regularly. The project's area is good and provides high security. Considered worth the price paid, like buying a good quality of life!
The standard village with nice atmosphere
4.2 Alison Gingras, Belgium, 4 years ago
After marrying a Thai husband, we decided to buy a house in this project. It is in a good location with easy access to the Central Festival. Bangkok Hospital, Mee Chok Market, and Promenada conveniently. As for the house, I can't find major problem. Space is well allocated, and the house is installed by innovations such as the Active Airflow system and Home Breathing Technique for good ventilation. So, it's cool inside my house even when it's not in winter. I can feel safe with an anti-theft system that uses an infrared sensor to detect motion, a smoke detecting system, and access card control when entering the village. The residents don't have to worry about a security system for 24 hours. Also, the village facilities are complete in ready-to-use condition, including a swimming pool, gym, and garden. Overall, I am very impressed.

Chiang Mai

Tha Sala

Neighborhood Overview

Location and Neighborhood

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