3 Bedroom House for sale at Villa Flora Chiangmai

(1 Review)
Nong Khwai, Hang Dong,Chiang Mai
Unit ID: U670534
3 Bedrooms
3 Bathrooms
253 SqM Indoor Area
Jan 2019 Completed

About This House

This property is a 253 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Villa Flora Chiangmai project in Nong Khwai, Chiang Mai and was completed in Jan 2019. You can buy this house for a base price of ฿10,500,000 (฿41,502/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden BalconyBalcony

Basic Information

Date Listed Mar 11, 2021
Updated 3 years ago
Property Type House
Storeys N/A
Location Nong Khwai, Chiang Mai
Bedrooms 3
Nearest Landmark Hang Dong District Municipal Food Market -6.9 Km
Indoor Area 253 SqM
Price per SqM ฿41,502
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 N/A
Pets N/A
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.

N/A
Land Title Deed N/A
Construction Completed (Jan 2019)
Furniture
Unfurnished
View(s) N/A
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
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U670534

Price Analysis

Above Average
Estimated market value ฿8,139,876
Great
฿5,550,000
Good
Fair
Above
฿9,550,000
Current asking Price: ฿10,500,000
This house is ฿2,360,124 ABOVE MARKET (29%) 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
฿10,500,000

Project Details

Project Name: Villa Flora Chiangmai
Developer: N/A
Construction: Completed (Jan 2019)
Units: 49
Project Area: N/A
Nearest Landmark Hang Dong District Municipal Food Market - 6.9 Km
Location: Nong Khwai, Chiang Mai
Villa Flora Chiangmai Project Details

Project Features

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

Available Units at Villa Flora Chiangmai

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Frequently Asked Questions

Hang Dong District Municipal Food Market is the nearest Market from Villa Flora Chiangmai and it is 6.9 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 Villa Flora Chiangmai 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
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Beautiful village and great location
Tony Kim, South Korea, 3 years ago
A beautiful village with, quiet and shady atmosphere. My house is a two-story detached house with a vast living area, suitable for having a pet. The house has private parking. The project is secured with strict security systems, giving me peace of mind. The neighbors are friendly. Plus, it's also located in a good location, close to Ratchapruek Intersection. There are many restaurants around.
Chiang Mai
Nong Khwai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Villa Flora Chiangmai

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