Unit ID: U1885782
11% Rental Yield
San Phak Wan, Hang Dong,Chiang Mai
฿8,500,000
4 Bedrooms
5
Bathrooms
240 SqM
Indoor Area
2
Storeys
Dec 2018
Completed

About This Villa

This property is a 240 SqM villa with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the The Palm Garden 5 project in San Phak Wan, Chiang Mai and was completed in Dec 2018. You can buy this villa for a base price of ฿8,500,000 (฿35,417/SqM) and it is also available for long term rentals starting from ฿80,000 per month.

Features

Private PoolPrivate Pool JacuzziJacuzzi Private GardenPrivate Garden TerraceTerrace DuplexDuplex

Basic Information

Date Listed Jul 1, 2024
Updated 2 days ago
Property Type Villa (Single Detached)
Storeys 2
Location San Phak Wan, Chiang Mai
Bedrooms 4
Nearest Landmark Chiang Mai International Airport -5.6 Km
Indoor Area 240 SqM
Price per SqM ฿35,417
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 280 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.

N/A
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 (Dec 2018)
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) Pool View, 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 KaiBaanThai. Partner Agents work for different brokerages or property management companies but have teamed up with KaiBaanThai so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1885782

Investment Opportunity: Charges & Yield

Sale Price
฿8,500,000
Rent
฿80,000/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.
9
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.
11%

Project Details

Project Name: The Palm Garden 5
Developer: N/A
Construction: Completed (Dec 2018)
Units: 171
Project Area: 33,600 SqM
Nearest Landmark Chiang Mai International Airport - 5.6 Km
Location: San Phak Wan, Chiang Mai
The Palm Garden 5 Project Details

Project Features

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

Available Units at The Palm Garden 5

For Sale 1 For Rent 1
Get notified when new homes are being added to The Palm Garden 5
View All (1)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at The Palm Garden 5 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai International Airport is the nearest Airport from The Palm Garden 5 and it is 5.6 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 Palm Garden 5 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

Do you own a property at The Palm Garden 5?

Find out how much your property is worth and start your listing for free.

Reviews

Know this project? Be the first to review
+ Write a review
Chiang Mai
San Phak Wan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Palm Garden 5

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Mooban Wangtan
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
N/A
Sales Prices
฿14.9M
Monthly Rentals
N/A
Year Built
Oct 2023
Completion Status
Completed
Project Name
The Palm Garden 4
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
64
Sales Prices
฿2.65M - ฿2.99M
Monthly Rentals
฿15K
Year Built
Aug 2018
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
216
Sales Prices
฿1.6M - ฿1.68M
Monthly Rentals
฿8K
Year Built
Jan 2019
Completion Status
Completed
Project Name
Baan Kwanwieng
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
379
Sales Prices
฿1.95M - ฿2.95M
Monthly Rentals
฿13K
Year Built
Jan 2017
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
N/A
Sales Prices
฿7.5M
Monthly Rentals
฿14K - ฿45K
Year Built
May 2008
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
209
Sales Prices
฿1.25M
Monthly Rentals
N/A
Year Built
Jan 2013
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
N/A
Sales Prices
฿980K - ฿1.25M
Monthly Rentals
฿8.5K
Year Built
N/A
Completion Status
Completed
Project Name
Baan Nuntima
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
56
Sales Prices
฿6.19M - ฿12.9M
Monthly Rentals
N/A
Year Built
Jan 2009
Completion Status
Completed
Project Name
Sarisa Ville
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
42
Sales Prices
฿3.99M
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
N/A
Sales Prices
฿4.4M
Monthly Rentals
N/A
Year Built
Dec 2022
Completion Status
Completed
Back to top
  • Fazwaz Group Sites www.fazwaz.cn www.fazwaz.ru www.fazwaz.fr www.fazwaz.de www.fazwaz.es