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    3 Bedroom House for sale at Koolpunt Ville 12 The Castle
    Pa Bong, Saraphi,Chiang Mai
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    Sale Price
    ฿5,500,000
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    3 Bedroom House for sale at Koolpunt Ville 12 The Castle

    (1 Review)
    Pa Bong, Saraphi,Chiang Mai
    Unit ID: U33499
    5% Rental Yield
    Tenant-Occupied until Oct 31, 2025
    3 Bedrooms
    3 Bathrooms
    213 SqM Indoor Area
    2 Storeys
    May 2003 Completed
    (1 Review)
    Sale Price
    ฿5,500,000
    24

    About This House

    This property is a 213 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Pa Bong, Chiang Mai and was completed in May 2003. You can buy this house for a base price of ฿5,500,000 (฿25,822/SqM) and it is also available for long term rentals starting from ฿25,000 per month.

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed Sep 26, 2017
    Updated 3 weeks ago
    Property Type House
    Storeys 2
    Location Pa Bong, Chiang Mai
    Bedrooms 3
    Nearest Landmark Chiang Mai Immigration -2.9 Km
    Indoor Area 213 SqM
    Price per SqM ฿25,822
    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 320 SqM
    Pets Not Allowed
    House Ownership

    Foreign nationals can own the building (house) 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.

    Thai Ownership
    Land Title Deed N/A
    Construction Completed (May 2003)
    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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U33499

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿5,500,000
    Rent
    ฿25,000/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.
    18
    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.
    5%

    Project Details

    Project Name: Koolpunt Ville 12 The Castle
    Developer: N/A
    Construction: Completed (May 2003)
    Units: 90
    Project Area: N/A
    Nearest Landmark Chiang Mai Immigration - 2.9 Km
    Location: Pa Bong, Chiang Mai
    Koolpunt Ville 12 The Castle Project Details

    Project Features

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

    Available Units at Koolpunt Ville 12 The Castle

    For Sale 7 For Rent 1
    • All
    • 3 Beds
    • 4 Beds
    • 5 Beds
    Get notified when new homes are being added to Koolpunt Ville 12 The Castle
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    Frequently Asked Questions

    All kind of pets are allowed at Koolpunt Ville 12 The Castle including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Chiang Mai Immigration is the nearest Immigration Office from Koolpunt Ville 12 The Castle 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 Koolpunt Ville 12 The Castle 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

    Reviews

    4.5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Modern luxury project The house is beautiful and fairly large.
    Ayra S., Thailand, 12 years ago
    After I graduated and worked to save a large sum of money, I decided to buy a house from this project to give to my parents. The house I bought is a resale unit that I found on a real estate website. As for the price, I think it’s affordable considering a spacious area. My house is a 2-story, four-bedroom, and three-bathroom unit with a land plot size of 240 sq.m. It comes with full facilities within the project, like a large outdoor swimming pool where I usually swim during the day and a 24-hour security system. The project is in a convenient location as it’s easy to get to the shopping centers. Although this place was completed many years ago, it’s still well-maintained, so every unit is in good condition. I would like to recommend this place as it comes at a reasonable price, and you will be surrounded by great neighbors.
    Chiang Mai
    Pa Bong

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