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    4 Bedroom Villa for sale at Lanna Heritage
    Pa Bong, Saraphi,Chiang Mai
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    Sale Price
    ฿5,500,000
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    4 Bedroom Villa for sale at Lanna Heritage

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    Unit ID: U1429758
    11% Rental Yield
    Pa Bong, Saraphi,Chiang Mai
    ฿5,500,000
    4 Bedrooms
    3
    Bathrooms
    185 SqM
    Indoor Area
    2
    Storeys
    Jan 2014
    Completed
    18
    Sale Price
    ฿5,500,000

    About This Villa

    This property is a 185 SqM villa with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Pa Bong, Chiang Mai and was completed in Jan 2014. You can buy this villa for a base price of ฿5,500,000 (฿29,730/SqM).

    House type: two-storey detached villa, 4 bedrooms, 3 bathrooms, 2 living rooms. The first floor is a living room, an independent Chinese-style kitchen, 1 bathroom, 1 bedroom with a living room on the second floor, 3 bedrooms and 2 bathrooms. Land area: 94.3 watts (377.2 square meters) Usable area: 185 square meters Parking spaces: 2 Surrounding schools: 5.6 kilometers from Unity International School 9 kilometers from ABS, ACIS International School 8 kilometers from Varee International School 10 kilometers from Sarasas International School 15 kilometers to NIS International School 9 kilometers to public Chonghua Xinsheng Huali School 9 kilometers to Montfort College Surrounding facilities: 800 meters to Charong Charong Cai Market 3.2 kilometers to M Sport golf driving range 9 kilometers to Big C, Makro shopping malls 10 km to Bangkok Hospital 10 km to Central Festival Shopping Mall 11 km to Tha Pae Gate 17 km to Maya Shopping Mall 

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen Renovated KitchenRenovated Kitchen (2018) Renovated BathroomRenovated Bathroom (2018)

    Basic Information

    Date Listed Jun 14, 2023
    Updated 10 months ago
    Property Type Villa (Single Detached)
    Storeys 2
    Location Pa Bong, Chiang Mai
    Bedrooms 4
    Nearest Landmark Promenada Chiang Mai -2.9 Km
    Indoor Area 185 SqM
    Price per SqM ฿29,730
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    80 SqM
    Plot Size 377 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.

    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.

    Company
    Land Title Deed Nor Sor 3
    Construction Completed (Jan 2014)
    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.
    ฿400/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1429758

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿5,500,000
    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.
    ฿400/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.
    9
    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 villas at Lanna Heritage , and the current sales price.
    11%

    Project Details

    Project Name: Lanna Heritage
    Developer: Lanna Ville
    Construction: Completed (Jan 2014)
    Units: 115
    Project Area: N/A
    Nearest Landmark Promenada Chiang Mai - 2.9 Km
    Location: Pa Bong, Chiang Mai
    Lanna Heritage Project Details

    Project Features

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

    Available Units at Lanna Heritage

    For Sale 2 For Rent 2
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Lanna Heritage
    View All (2)

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    Frequently Asked Questions

    All kind of pets are allowed at Lanna Heritage including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Promenada Chiang Mai is the nearest Shopping Mall from Lanna Heritage and it is 2.9 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 Lanna Heritage 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

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    Chiang Mai
    Pa Bong

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