Terra da Luz

4.5 (2 Reviews)

Chang Phueak, Mueang Chiang Mai,Chiang Mai

Unit ID: U179356
฿15,900,000
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
233 SqM Indoor Area
Stairs
3 Storeys
Construction
Nov 2019 Completed

3 Bedroom Villa for sale at Terra da Luz

This property is a 233 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Terra da Luz project in Chang Phueak, Chiang Mai and was completed in Nov 2019. You can buy this villa for a base price of ฿15,900,000 (฿68,240/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type Villa
Storeys 3
Location Chang Phueak, Mueang Chiang Mai, Chiang Mai
Bedrooms 3
Nearest Landmark Maya Lifestyle Shopping Center -1.9 Km
Indoor Area 233 SqM
Price per SqM ฿68,240
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 222 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
Land Title Deed N/A
Construction Completed (Nov 2019)
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) Park View, Pool View
Unit Type Crystal Pool
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.
N/A
Listed By
Developer
Date Listed Sep 23, 2019
Last Updated 1 year ago
Unit ID U179356

Investment Opportunity: Charges & Yield

Sale Price
฿15,900,000

Project Details

Project Name: Terra da Luz
Construction: Completed (Nov 2019)
Units: 6
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center - 1.9 Km
Location: Chang Phueak, Mueang Chiang Mai, Chiang Mai
Terra da Luz Project Details

Available Units at Terra da Luz

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
10%
2nd Installment
Construction Contract
25%
3rd Installment
% construction completion
65%
4th Installment
On handover
฿200,000

Frequently asked questions

Maya Lifestyle Shopping Center is the nearest Shopping Mall from Terra da Luz and it is 1.9 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 Terra da Luz 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
10%
2nd Installment
Construction Contract
25%
3rd Installment
% construction completion
65%
4th Installment
On handover
฿200,000

 

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

4.5 out of 5 4.5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A single house in the heart of a good environment
4 Withichai W., Thailand, 1 year ago
I am a foreigner, but I am married to a Chiang Mai girl, and I had to relocate to Chiang Mai permanently. At first, I was looking for a house in ​​the Chang Phuak area. After inspecting it, I found the Terra da Luz, a detached home that is the perfect size for my family. This house meets my needs and my wife the most. The house is spacious, and some areas are airy and comfortable. Besides, this house is styled in a modern style which is suitable for the project atmosphere. It is also decorated with quality furniture and perfectly allocated, making it a perfect look. This house has a 3-bedroom which is the perfect size for a small family like my family. The project is located not far from the main road with convenient transportation and close to many shops, restaurants, or tourist attractions. Overall, it is considered okay, especially since the neighbors are nice and friendly.
Outstanding building, near Maya Mall
5 Jackky Chan, China, 1 year ago
The village has a very modern and unique design. I am interested in a house type called Grand Sapphire which has 3 bedrooms and 3 bathrooms. The house is beautiful, outstanding, and every room in the house is connected, so I can have a pool view from every bedroom as it's in the middle of the house. It makes me feel like living in a good resort. The neighborhood is quiet. Traveling to Maya shopping mall takes about 7-10 minutes only.

Chiang Mai

Chang Phueak

Neighborhood Overview

Location and Neighborhood

Street View

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