4 Bedroom House for sale at Lanna Thara Village

4.33 (1 Review)
Nong Khwai, Hang Dong,Chiang Mai
Unit ID: U642286
5% Rental Yield
฿8,990,000 Great Price
4 Bedrooms
4 Bathrooms
298 SqM Indoor Area
2 Storeys
Jan 2010 Completed

About This House

This property is a 298 SqM house with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the Lanna Thara Village project in Nong Khwai, Chiang Mai and was completed in Jan 2010. You can buy this house for a base price of ฿8,990,000 (฿30,168/SqM).

Features

Private GardenPrivate Garden Covered ParkingCovered Parking Maids QuartersMaids Quarters

Basic Information

Property Type House (Single Detached)
Storeys 2
Location Nong Khwai, Hang Dong, Chiang Mai
Bedrooms 4
Nearest Landmark Chiang Mai International Airport -4.6 Km
Indoor Area 298 SqM
Price per SqM ฿30,168
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 648 SqM
House Ownership

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

Foreign Ownership, 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 (Jan 2010)
Furniture
Unfurnished
View(s) Garden View, Blocked View
Unit Type N/A
Parking Spots N/A
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
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Nov 24, 2020
Last Updated 1 year ago
Unit ID U642286

Price Analysis

Great Price
Estimated market value ฿9,935,908
Great
฿7,520,000
Good
Fair
Above
฿11,800,000
Current asking Price: ฿8,990,000 | Rental estimate: ฿37,200/mo
This house is ฿945,908 BELOW MARKET (-10%) 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
฿8,990,000
Est. Rent
฿37,200/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.
20
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 Lanna Thara Village, and the current sales price.
5%

Project Details

Project Name: Lanna Thara Village
Developer: N/A
Construction: Completed (Jan 2010)
Units: 60
Project Area: N/A
Nearest Landmark Chiang Mai International Airport - 4.6 Km
Location: Nong Khwai, Hang Dong, Chiang Mai
Lanna Thara Village Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking

Available Units at Lanna Thara Village

For Sale 5 For Rent 6
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Available Units at Lanna Thara Village
-
Beds 5 Beds
Baths 6 Baths
Size 500 SqM Size
Plot Size 602.40 SqM Plot Size
Fully Furnished Garden View
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Available Units at Lanna Thara Village
฿52,813
Beds 7 Beds
Baths 8 Baths
Size 320 SqM Size
Plot Size 620 SqM Plot Size
Negotiable Garden View
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Available Units at Lanna Thara Village
฿30,168
Great Price
Beds 4 Beds
Baths 4 Baths
Size 298 SqM Size
Plot Size 648 SqM Plot Size
Unfurnished Garden View
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Available Units at Lanna Thara Village
฿35,000
Beds 4 Beds
Baths 4 Baths
Size 300 SqM Size
Plot Size 472 SqM Plot Size
Fully Furnished City View
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Available Units at Lanna Thara Village
-
Beds 4 Beds
Baths 5 Baths
Size 500 SqM Size
Plot Size 804 SqM Plot Size
Fully Furnished Pool View
Favorite
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Available Units at Lanna Thara Village
฿28,776
Beds 6 Beds
Baths 6 Baths
Size 490 SqM Size
Plot Size 576 SqM Plot Size
Fully Furnished Garden View
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Available Units at Lanna Thara Village
฿49,333
Good Price
Beds 4 Beds
Baths 6 Baths
Size 750 SqM Size
Plot Size 2,212 SqM Plot Size
Built In Garden View
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Available Units at Lanna Thara Village
฿30,168
Beds 4 Beds
Baths 4 Baths
Size 298 SqM Size
Plot Size 162 SqM Plot Size
Favorite
Compare
Available Units at Lanna Thara Village
-
Beds 5 Beds
Baths 6 Baths
Size 500 SqM Size
Plot Size 600 SqM Plot Size
Fully Furnished Unblocked Open View
Favorite
Compare
Available Units at Lanna Thara Village
-
Beds 3 Beds
Baths 3 Baths
Size 384 SqM Size
Plot Size 384 SqM Plot Size
Fully Furnished Park View
Get notified when new homes are being added to Lanna Thara Village

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Frequently Asked Questions

All kind of pets are allowed at Lanna Thara Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai International Airport is the nearest Airport from Lanna Thara Village and it is 4.6 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 Thara Village 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

Do you own a property at Lanna Thara Village?

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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
Beautiful project in Hang Dong area
4.3 Estella T., France, 5 years ago
It is a detached house project with a beautiful entrance. The project's Lanna-style design appeals to me. My house is tastefully decorated and livable, and I was impressed by the amount of thought put into the project. I knew that I had made the right decision buying this house. The common area is incredibly good, like the swimming pool, the fitness room, the sauna, the 24-hour security system, etc. The neighbors here are friendly as well. By the way, the project is located near Hang Dong Market, Makro Hang Dong, and Big C Hang Dong. As a resident, I highly recommend this place. Last but not least, the location is excellent for real.
Chiang Mai
Nong Khwai

Neighborhood Overview

Location and Neighborhood

Street View

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