Malada Grand Coulee

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Buak Khang, San Kamphaeng,Chiang Mai

Unit ID: U221957
฿4,264,012 Great Price
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
151 SqM Indoor Area
Stairs
2 Storeys
Construction
Jan 2021 Completed

3 Bedroom Villa for sale at Malada Grand Coulee

This property is a 151 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Malada Grand Coulee project in Buak Khang, Chiang Mai and was completed in Jan 2021. You can buy this villa for a base price of ฿4,264,012 (฿28,238/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type Villa
Storeys 2
Location Buak Khang, San Kamphaeng, Chiang Mai
Bedrooms 3
Nearest Landmark Bangkok Hospital Chiang Mai -12.8 Km
Indoor Area 151 SqM
Price per SqM ฿28,238
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 118.92 SqM
Villa Ownership

Foreign nationals can own the building (villa) 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.

Thai Ownership, Company, Leasehold
Land Title Deed N/A
Construction Completed (Jan 2021)
Furniture
Unfurnished
View(s) Pool View, Garden View
Unit Type M Type
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.
฿3,775/mo
Listed By
Developer
Date Listed Oct 30, 2019
Last Updated 1 year ago
Unit ID U221957

3D Walkthrough

Price Analysis

Good Price
Estimated market value ฿4,365,791
Great
฿3,720,000
Good
Fair
Above
฿5,050,000
Current asking Price: ฿4,264,012
This villa is ฿101,779 BELOW MARKET (-2%) in the Chiang Mai area. It is analyzed against similar villas 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
฿4,264,012
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.
฿3,775/mo

Project Details

Project Name: Malada Grand Coulee
Developer: Malada
Construction: Completed (Jan 2021)
Units: 283
Project Area: N/A
Nearest Landmark Bangkok Hospital Chiang Mai - 12.8 Km
Location: Buak Khang, San Kamphaeng, Chiang Mai
Malada Grand Coulee Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna

Available Units at Malada Grand Coulee

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
30%
3rd Installment
On handover
70%

Frequently asked questions

The common area maintenance fee is ฿25 per square meter based on the total built-up area of the property and is ฿3,775 for this villa. 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.
Bangkok Hospital Chiang Mai is the nearest Hospital from Malada Grand Coulee and it is 12.8 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 Malada Grand Coulee 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
฿100,000
1st Installment
Upon contract signing
30%
3rd 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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