3 Bedroom Townhouse for sale at Ornsirin Ville Donchan

4.33 (1 Review)
Chai Sathan, Saraphi,Chiang Mai
Unit ID: U908728
฿5,329,000 ฿5,476,000 Great Price
3 Bedrooms
3 Bathrooms
117 SqM Indoor Area
2 Storeys
Oct 2020 Completed

About This Townhouse

This property is a 117 SqM townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Ornsirin Ville Donchan project in Chai Sathan, Chiang Mai and was completed in Oct 2020. You can buy this townhouse for a base price of ฿5,329,000 (฿45,547/SqM).

Features

Private GardenPrivate Garden Covered ParkingCovered Parking BalconyBalcony TVTV

Basic Information

Property Type Townhouse
Storeys 2
Location Chai Sathan, Saraphi, Chiang Mai
Bedrooms 3
Nearest Landmark Promenada Chiang Mai -1.3 Km
Indoor Area 117 SqM
Price per SqM ฿45,547
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 276.40 SqM
Townhouse Ownership

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

Thai Ownership, Company
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 (Oct 2020)
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) Garden View
Unit Type C
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.
฿193,480/mo
Listed By
Developer
Date Listed May 31, 2021
Last Updated 2 months ago
Unit ID U908728

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿6,106,851
Great
฿5,660,000
Good
Fair
Above
฿8,510,000
Current asking Price: ฿5,329,000
This townhouse is ฿777,851 BELOW MARKET (-13%) in the Chiang Mai area. It is analyzed against similar townhouses 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
฿5,329,000
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.
฿193,480/mo

Project Details

Project Name: Ornsirin Ville Donchan
Developer: Ornsirin Group
Construction: Completed (Oct 2020)
Units: 89
Project Area: 16,256 SqM
Nearest Landmark Promenada Chiang Mai - 1.3 Km
Location: Chai Sathan, Saraphi, Chiang Mai
Ornsirin Ville Donchan Project Details

Project Features

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

Popular Facilities at Ornsirin Ville Donchan

  • Communal Garden Area
    Ground Floor

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

Frequently Asked Questions

All kind of pets are allowed at Ornsirin Ville Donchan including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿700 per square meter based on the plot size of the property and is ฿193,480 for this townhouse. 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 Ornsirin Ville Donchan and it is 1.3 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 Ornsirin Ville Donchan you have to follow these steps:

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

Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

 

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
It's convenient to get around.
4.3 Wanchai Somboon, Thailand, 3 years ago
I visited my friends who stayed in this project. His townhome is a 2-story three-bedroom unit with a large usable area, so it's a family-friendly home. The atmosphere of the project is calm and private. There is security. Unfortunately, there is no swimming pool like other projects. The project is in an excellent location; it's only 5 minutes away from Promenada Chiang Mai. Most importantly, it takes only 15 mins to Chiang Mai International Airport. Overall, it's convenient to get around.
Chiang Mai
Chai Sathan

Neighborhood Overview

Location and Neighborhood

Street View

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