3 Bedroom House for sale at Sivalai Village 3

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San Kamphaeng, San Kamphaeng,Chiang Mai
Unit ID: U267793
6% Rental Yield
3 Bedrooms
2 Bathrooms
140 SqM Indoor Area
2 Storeys
Jun 2009 Completed

About This House

This property is a 140 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Sivalai Village 3 project in San Kamphaeng, Chiang Mai and was completed in Jun 2009. You can buy this house for a base price of ฿3,500,000 (฿25,000/SqM) and it is also available for long term rentals starting from ฿18,500 per month.

Quiet and Comfortable Furnished House in Sankhampheng

A 3 bedroom detached house with 2 guest bedrooms and one bedroom used currently as an office room. There are 2 bathrooms, a fitted teakwood kitchen with fan oven, microwave and plenty of cupboard space plus an outdoor covered "Thai Kitchen" with counter, sink and quiet seating area. The house has a large open plan living room has comfortable sofas and at one end a teak wood dining room table with 6 chairs. All rooms are fitted with annually serviced air conditioners and the house has a landline telephone and reliable and high speed Wi-Fi from 3BB. The main bedroom has a king size bed and bedroom furniture, the second bedroom has a double bed and bedroom furniture and bedroom 3 is currently used as an office. This room has a desk chair, filing cabinet and fitted cupboards. The property is well maintained with Wi-Fi, gardening and weekly cleaning included. Guests do have to pay site maintenance (500 Baht per month) utility bills, Electricity & Water.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Jan 9, 2020
Updated 7 months ago
Property Type House
Storeys 2
Location San Kamphaeng, Chiang Mai
Bedrooms 3
Nearest Landmark Umbrella Making Centre -2.8 Km
Indoor Area 140 SqM
Price per SqM ฿25,000
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
148 SqM
Plot Size 288 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 Chanote
Construction Completed (Jun 2009)
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.
฿500/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U267793

Price Analysis

Good Price
Estimated market value ฿3,517,299
Great
฿2,560,000
Good
Fair
Above
฿4,570,000
Current asking Price: ฿3,500,000 | Advertised rental rate: ฿18,500/mo
This house is priced at the current market value 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿3,500,000
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.
฿500/mo
Rent
฿18,500/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.
16
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: Sivalai Village 3
Developer: N/A
Construction: Completed (Jun 2009)
Units: 300
Project Area: N/A
Nearest Landmark Umbrella Making Centre - 2.8 Km
Location: San Kamphaeng, Chiang Mai
Sivalai Village 3 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Sivalai Village 3

For Sale 8 For Rent 3
Get notified when new homes are being added to Sivalai Village 3
View All (8)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Sivalai Village 3 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Umbrella Making Centre is the nearest Tourist Attraction from Sivalai Village 3 and it is 2.8 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 Sivalai Village 3 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
San Kamphaeng

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Sivalai Village 3

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Location
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฿2.56M - ฿2.96M
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฿3.35M - ฿12.4M
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Karnkanok Ville 4
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Number of units
287
Sales Prices
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Karnkanok Ville 5
Location
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Completion Status
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