4 Bedroom House for sale at Lanna Pinery Home

4.33 (1 Review)
Nong Khwai, Hang Dong,Chiang Mai
Unit ID: U633866
4% Rental Yield
฿17,995,000 ฿19,500,000 Great Price
4 Bedrooms
4 Bathrooms
467 SqM Indoor Area
2 Storeys
Jan 2010 Completed

About This House

This property is a 467 SqM house with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the Lanna Pinery Home project in Nong Khwai, Chiang Mai and was completed in Jan 2010. You can buy this house for a base price of ฿17,995,000 (฿38,533/SqM) and it is also available for long term rentals starting from ฿55,000 per month.

Charming 4 bedroom Luxury Lanna Pinery Home

This charming 4 bedroom luxury family villa is situated in a beautiful, secure moo baan in the Nong Kwai district of Hang Dong, conveniently located for the market and shops at Mea Hia, the airport and numerous international schools. The house is 467sq.mt.s and the plot is 282sq.w. Features consists of; * Master bedroom * 3 more Bedrooms all ensuite * Office room * Family room * Living room * Dining room * European Kitchen * Thai kitchen area * Laundry room * Maid’s room with bathroom * Covered patio * Undercover parking for 4 cars * Electric gate As you step through the front door you are immediately struck by the spaciousness created by the double height ceiling and the charm of the minstrel gallery with its painted bannisters and polished wood handrail, looking down to the entrance hall and generous sitting area. The beautiful hardwood floor is a notable feature of the living areas. There is a dividing wall made of painted cupboards and display shelves that separates the lounge area from the large dining room. Completing the ground floor is a European style kitchen as well as an outdoor Thai kitchen, laundry room,,a house shower room, double guest bedroom and maid’s quarters. At the landing area there is a generous office/library with an array of painted shelves the full length of the back wall. The room has its own large balcony. The large master suite has a fitted dressing room and large en-suite bath and shower room. There is a private balcony looking out to the garden. 2 further ensuite bedrooms complete the first floor level. An electric gate gives access to undercover parking for 4 cars and a further open parking area. There is lawned garden to 3 sides of the property surrounded by mature trees and bushes and a large covered patio area.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony MicrowaveMicrowave

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 -3.3 Km
Indoor Area 467 SqM
Price per SqM ฿38,533
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 1,128 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 Chanote
Construction Completed (Jan 2010)
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) Park View
Unit Type N/A
Parking Spots 4
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.
฿800/mo
Listed By
Private Owner
Date Listed Sep 27, 2020
Last Updated 1 year ago
Unit ID U633866

Price Analysis

Good Price
Estimated market value ฿18,234,070
Great
฿11,000,000
Good
Fair
Above
฿18,600,000
Current asking Price: ฿17,995,000 | Advertised rental rate: ฿55,000/mo
This house is ฿239,070 BELOW MARKET (-1%) 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
฿17,995,000
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.
฿800/mo
Rent
฿55,000/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.
27
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
4%

Project Details

Project Name: Lanna Pinery Home
Construction: Completed (Dec 2008)
Units: 60
Project Area: 64,000 SqM
Nearest Landmark Hang Dong District Municipal Food Market - 3.3 Km
Location: Nong Khwai, Hang Dong, Chiang Mai
Lanna Pinery Home Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Tennis Court Tennis Court
Communal Garden Area Communal Garden Area

Loan Calculator

Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Lanna Pinery Home.
Hang Dong District Municipal Food Market is the nearest Market from Lanna Pinery Home and it is 3.3 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 Lanna Pinery Home 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

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
A house with excellent location and close to nature, very private!
4.3 Aphipat P, Thailand, 6 years ago
I love the house's here; it's very natural and convenient to travel everywhere as it's not far from the amenities. I bought a 3-bedroom with 3-bathroom because I have a big family. My wife's family always visits here for their vacation, so there is no need to rent a hotel. My kids also love it here because the road is wide with a shady park. They love riding bikes around the project to get some fresh air and relax. Also, there is a communal pool and a communal gym, where we always spend time relaxing and swimming regularly. It makes my family have activities to enjoy all the time.
Chiang Mai
Nong Khwai

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Projects Nearby Lanna Pinery Home

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
Nong Khwai, Hang Dong, Chiang Mai
Number of units
60
Sales Prices
฿6.73M - ฿14.6M
▼ -3.5% underpriced
Monthly Rentals
฿31.2K - ฿39K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Home In Park
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
300
Sales Prices
฿5.8M - ฿14.5M
▼ -24.8% underpriced
Monthly Rentals
฿43.9K
Year Built
May 2008
Completion Status
Completed
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
95
Sales Prices
฿2.92M
Monthly Rentals
N/A
Year Built
Feb 2015
Completion Status
Completed
Project Name
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Number of units
144
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฿5.36M - ฿7.5M
▼ -16% underpriced
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N/A
Year Built
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Completion Status
Completed
Project Name
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Number of units
84
Sales Prices
฿12.6M - ฿18.3M
▲ 35% overpriced
Monthly Rentals
N/A
Year Built
N/A
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Made To Order
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Number of units
6
Sales Prices
฿45.8M
Monthly Rentals
N/A
Year Built
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Completed
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Nong Khwai, Hang Dong, Chiang Mai
Number of units
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฿6.81M
Monthly Rentals
N/A
Year Built
Jan 2012
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Completed
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Nong Khwai, Hang Dong, Chiang Mai
Number of units
257
Sales Prices
฿4.29M - ฿16.6M
▼ -8.7% underpriced
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
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Number of units
141
Sales Prices
฿3.18M - ฿3.85M
▼ -5% underpriced
Monthly Rentals
N/A
Year Built
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Completed
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Nong Khwai, Hang Dong, Chiang Mai
Number of units
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Sales Prices
฿14.9M - ฿38.7M
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Monthly Rentals
N/A
Year Built
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