3 Bedroom House for sale at Serene Park

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Ton Pao, San Kamphaeng,Chiang Mai
Unit ID: U1182120
6% Rental Yield
Tenant-Occupied until Jul 1, 2024
3 Bedrooms
2 Bathrooms
128 SqM Indoor Area
2 Storeys
Feb 2022 Completed

About This House

This property is a 128 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Serene Park project in Ton Pao, Chiang Mai and was completed in Feb 2022. You can buy this house for a base price of ฿2,400,000 (฿18,750/SqM) and it is also available for long term rentals starting from ฿11,000 per month.

Luxurious detached houses combined with minimalism In terms of security, it's very good, a 24-hour security system. Close to MAIIAM Contemporary Art Museum and  San Kamphaeng Hospital.

Features

Private GardenPrivate Garden Covered ParkingCovered Parking BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave

Basic Information

Date Listed Dec 8, 2022
Updated 6 months ago
Property Type House (Single Detached)
Storeys 2
Location Ton Pao, Chiang Mai
Bedrooms 3
Nearest Landmark MAIIAM Contemporary Art Museum -3.8 Km
Indoor Area 128 SqM
Price per SqM ฿18,750
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 200 SqM
Pets All Kind of Pets Allowed
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 (Feb 2022)
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 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 Thaiger Property. Partner Agents work for different brokerages or property management companies but have teamed up with Thaiger Property so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1182120

Investment Opportunity: Charges & Yield

Sale Price
฿2,400,000
Rent
฿11,000/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.
18
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.
6%

Project Details

Project Name: Serene Park
Developer: N/A
Construction: Completed (Feb 2022)
Units: 205
Project Area: N/A
Nearest Landmark MAIIAM Contemporary Art Museum - 3.8 Km
Location: Ton Pao, Chiang Mai
Serene Park Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Serene Park

For Sale 6 For Rent 2
Get notified when new homes are being added to Serene Park
View All (6)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Serene Park including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
MAIIAM Contemporary Art Museum is the nearest Tourist Attraction from Serene Park and it is 3.8 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 Serene 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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Chiang Mai
Ton Pao

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Serene Park

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Project Name
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Location
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Ton Pao, San Kamphaeng, Chiang Mai
Number of units
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฿2.55M - ฿2.95M
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Number of units
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Sivalai Village 4
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
375
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฿3.1M - ฿6M
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Location
San Kamphaeng, San Kamphaeng, Chiang Mai
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Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
98
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฿6.5M - ฿8.98M
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Completion Status
Completed
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Location
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Jan 2012
Completion Status
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