5 Bedroom Villa for sale at The Pinnacle by Koolpunt Ville 17

(1 Review)
Pa Daet, Mueang Chiang Mai,Chiang Mai
Unit ID: U1042460
5 Bedrooms
7 Bathrooms
674 SqM Indoor Area
2 Storeys
Jan 2016 Completed

About This Villa

This property is a 674 SqM villa with 5 bedrooms and 7 bathrooms that is available for sale. It is part of the The Pinnacle by Koolpunt Ville 17 project in Pa Daet, Chiang Mai and was completed in Jan 2016. You can buy this villa for a base price of ฿31,550,000 (฿46,810/SqM).

Features

Private PoolPrivate Pool Garden AccessGarden Access Pool LoungePool Lounge TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Nov 16, 2021
Updated N/A
Property Type Villa (Single Detached)
Storeys 2
Location Pa Daet, Chiang Mai
Bedrooms 5
Nearest Landmark Centralplaza Chiangmai Airport -2.4 Km
Indoor Area 674 SqM
Price per SqM ฿46,810
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 880 SqM
Pets All Kind of Pets Allowed
Villa Ownership

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

Foreign Ownership, Thai Ownership, Company, Leasehold
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, Leasehold
Land Title Deed N/A
Construction Completed (Jan 2016)
Furniture
Unfurnished
View(s) Pool View, Garden View
Unit Type ROYCE
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.
฿3,971/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1042460

Price Analysis

Great Price
Estimated market value ฿33,812,605
Great
฿26,200,000
Good
Fair
Above
฿38,800,000
Current asking Price: ฿31,550,000
This villa is ฿2,262,605 BELOW MARKET (-7%) in the Chiang Mai area. It is analyzed against similar villas 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
฿31,550,000
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.
฿3,971/mo

Project Details

Developer: Koolpuntville Group
Construction: Completed (Jan 2016)
Units: 21
Project Area: 21,317 SqM
Nearest Landmark Centralplaza Chiangmai Airport - 2.4 Km
Location: Pa Daet, Chiang Mai
The Pinnacle by Koolpunt Ville 17 Project Details

Project Features

Communal Pool Communal Pool
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at The Pinnacle by Koolpunt Ville 17

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿500,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

Frequently Asked Questions

All kind of pets are allowed at The Pinnacle by Koolpunt Ville 17 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Centralplaza Chiangmai Airport is the nearest Shopping Mall from The Pinnacle by Koolpunt Ville 17 and it is 2.4 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 The Pinnacle by Koolpunt Ville 17 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
Reservation Deposit
Immediately
฿500,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%


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

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Worth the living space Quality construction materials
Melia Bachelder, Sweden, 4 years ago
I bought this house with 5 bedrooms and 7 bathrooms. The living area is about 700 square meters, where I find it very worthwhile. Everyone in my family loves this house the most. What I like the most is the private elevator because it helps me to go up and down the 3-story house easily. Every house has a swimming pool and an elevator. For the car parking spaces, it is spacious enough to park 4 cars. Also, the materials and equipment used in the construction are strong and durable. More importantly, we can choose the flooring material by ourselves. Moreover, the project atmosphere is not crowded and tranquil. The road is also spacious. Apart from that, the project is located near many amenities because it is in Chiang Mai, whether a Central Plaza Chiang Mai Airport and Tesco Lotus Hang Dong. It is also close to Chiang Mai Airport that will make traveling everywhere convenient. It impresses me a lot because I love traveling. The security system is available for 24 hours, and CCTV cameras are installed around the project. However, public transport hasn't been accessed yet. Using a private car is more convenient, just only 5-10 minutes.
Chiang Mai
Pa Daet

Neighborhood Overview

Location and Neighborhood

Street View

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