Home In Park

5 (1 Review)

Nong Khwai, Hang Dong,Chiang Mai

Unit ID: U1009244
5% Rental Yield
฿6,000,000 Great Price
Bedroom
4 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
300 SqM Indoor Area
Stairs
2 Storeys
Construction
May 2008 Completed

4 Bedroom House for sale at Home In Park

This property is a 300 SqM house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the Home In Park project in Nong Khwai, Chiang Mai and was completed in May 2008. You can buy this house for a base price of ฿6,000,000 (฿20,000/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type House (Single Detached)
Storeys 2
Location Nong Khwai, Hang Dong, Chiang Mai
Bedrooms 4
Nearest Landmark Hang Dong District Municipal Food Market -2.7 Km
Indoor Area 300 SqM
Price per SqM ฿20,000
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 492 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
Land Title Deed N/A
Construction Completed (May 2008)
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 N/A
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
Private Owner
Date Listed Jun 28, 2021
Last Updated 2 months ago
Unit ID U1009244

Price Analysis

Great Price
Estimated market value ฿7,047,500
Great
฿5,420,000
Good
Fair
Above
฿7,370,000
Current asking Price: ฿6,000,000 | Rental estimate: ฿26,100/mo
This house is ฿1,047,500 BELOW MARKET (-15%) 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
฿6,000,000
Est. Rent
฿26,100/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.
19
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 4 bedroom houses at Home In Park, and the current sales price.
5%

Project Details

Project Name: Home In Park
Developer: N/A
Construction: Completed (May 2008)
Units: 300
Project Area: 283,832 SqM
Nearest Landmark Hang Dong District Municipal Food Market - 2.7 Km
Location: Nong Khwai, Hang Dong, Chiang Mai
Home In Park Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security

Available Units at Home In Park

For Sale 7 For Rent 5
Get notified when new homes are being added to Home In Park

Loan Calculator

Frequently asked questions

All kind of pets are allowed at Home In Park including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Hang Dong District Municipal Food Market is the nearest Market from Home In Park and it is 2.7 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 Home In Park 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

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Family's home in Thailand
5 Noah Walker, United States, 3 years ago
Since I moved to Thailand, this house has become a family home. I've been renting it for about 8 years. It's a two-story home with four bedrooms. The house is spacious with a small front lawn. I really like the atmosphere here. It's shady and peaceful. I can wake up in the morning to fully breathe in the fresh air. The project also has a large common area with a swimming pool, a tennis court, and a clubhouse. As for the location, it is very convenient. Not very central, but easy to travel. The neighborhood has many international schools. Driving to Kad Farang takes less than 10 minutes.

Chiang Mai

Nong Khwai

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby Home In Park

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Lanna Montra
Location
Hang Dong, Chiang Mai, Thailand
Number of units
60
Sales Prices
฿5.5M - ฿18M
▲ 10% overpriced
Monthly Rentals
฿35K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Lanna Pinery Home
Location
Hang Dong, Chiang Mai, Thailand
Number of units
60
Sales Prices
฿5.5M - ฿19.5M
▲ 26% overpriced
Monthly Rentals
฿20K - ฿55K
Year Built
Dec 2008
Completion Status
Completed
Location
Hang Dong, Chiang Mai, Thailand
Number of units
141
Sales Prices
฿3.26M - ฿3.95M
Monthly Rentals
N/A
Year Built
Dec 2003
Completion Status
Completed
Location
Hang Dong, Chiang Mai, Thailand
Number of units
39
Sales Prices
฿15.3M - ฿39.7M
Monthly Rentals
N/A
Year Built
Dec 2020
Completion Status
Completed
Project Name
Koolpunt Ville 9
Location
Hang Dong, Chiang Mai, Thailand
Number of units
2523
Sales Prices
฿2.68M - ฿9.9M
▼ -37% underpriced
Monthly Rentals
฿16K - ฿50K
Year Built
Mar 2009
Completion Status
Completed
Location
Hang Dong, Chiang Mai, Thailand
Number of units
95
Sales Prices
฿3M
Monthly Rentals
N/A
Year Built
Feb 2015
Completion Status
Completed
Project Name
Grand Tropicana
Location
Hang Dong, Chiang Mai, Thailand
Number of units
84
Sales Prices
฿13.3M
▼ -7% underpriced
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Project Name
Moo Baan Sansaran
Location
Hang Dong, Chiang Mai, Thailand
Number of units
144
Sales Prices
฿5.5M - ฿7.69M
Monthly Rentals
฿22K - ฿29K
Year Built
Oct 2016
Completion Status
Completed
Location
Hang Dong, Chiang Mai, Thailand
Number of units
257
Sales Prices
฿4.4M - ฿17M
▼ -19.7% underpriced
Monthly Rentals
N/A
Year Built
Aug 2017
Completion Status
Completed
Project Name
Malada Maz
Location
Hang Dong, Chiang Mai, Thailand
Number of units
116
Sales Prices
฿3.86M - ฿8.56M
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Monthly Rentals
N/A
Year Built
Oct 2017
Completion Status
Completed
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