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    3 Bedroom House for sale at Siwalee Choeng Doi
    Mae Hia, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    ฿6,800,000
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    3 Bedroom House for sale at Siwalee Choeng Doi

    (1 Review)
    Mae Hia, Mueang Chiang Mai,Chiang Mai
    Unit ID: U1889177
    6% Rental Yield
    Tenant-Occupied until Aug 3, 2025
    3 Bedrooms
    3 Bathrooms
    144 SqM Indoor Area
    2 Storeys
    Completed
    (1 Review)
    Sale Price
    ฿6,800,000
    31

    About This House

    This property is a 144 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Mae Hia, Chiang Mai. You can buy this house for a base price of ฿6,800,000 (฿47,222/SqM) and it is also available for long term rentals starting from ฿35,000 per month.

    Sale Siwalee Choeng Doi

    Fully Furnished‼️ Located in the prestigious Siwalee Choeng Doi Premium Project, on the best location at Mae Hia, Chiang Mai. In a top-rated secure community, 2 Big Parks, Great Club House, 24-hour Security Land Size: 54 square wah Living Area: 144 square meters, 3 Bedrooms with Furniture, 3 Bathrooms, Built-in Kitchen with Hood, Living Rooms, Dining Table, Balcony with Garden View, Nearby Places- Mae Hia market 4 km.- Makro 2.2 km.- Big C Super Center Hang Dong 1 (Mae Hia) 2.7 km.- Ambassador Bilingual Academy 4.5 km- American Pacific International School Primary 4.1 km.- Chiang Mai Airport 7.1 km.- Chiang Mai Night Safari 6.8 km.

    Features

    TerraceTerrace DuplexDuplex BalconyBalcony TVTV

    Basic Information

    Date Listed Jul 5, 2024
    Updated 2 months ago
    Property Type House (Single Detached)
    Storeys 2
    Location Mae Hia, Chiang Mai
    Bedrooms 3
    Nearest Landmark Chiang Mai International Airport -6 Km
    Indoor Area 144 SqM
    Price per SqM ฿47,222
    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 216 SqM
    Pets Cats and Dogs (all sizes)
    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.

    Thai Ownership
    Land Title Deed Chanote
    Construction Completed
    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) Mountain 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.
    ฿1,083/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1889177

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿6,800,000
    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.
    ฿1,083/mo
    Rent
    ฿35,000/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.
    16
    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.
    6%

    Project Details

    Project Name: Siwalee Choeng Doi
    Developer: Land and Houses
    Construction: Completed (Dec 2013)
    Units: 226
    Project Area: N/A
    Nearest Landmark Chiang Mai International Airport - 6 Km
    Location: Mae Hia, Chiang Mai
    Siwalee Choeng Doi Project Details

    Project Features

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

    Available Units at Siwalee Choeng Doi

    For Sale 4 For Rent 10
    • All
    • 3 Beds
    • 5 Beds
    Get notified when new homes are being added to Siwalee Choeng Doi
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    Frequently Asked Questions

    Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Siwalee Choeng Doi.
    The common area maintenance fee for properties at Siwalee Choeng Doi is a fixed amount of ฿1,083. This amount has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
    Chiang Mai International Airport is the nearest Airport from Siwalee Choeng Doi and it is 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 Siwalee Choeng Doi 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

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    A great project
    Cherry Lee, China, 4 years ago
    There is an excellent management team, solving problems quickly. Also, the common area is clean and well-maintained. Besides, the security guards are polite and friendly. The surrounding atmosphere is quiet and cozy. The house options are also available in a wide variety of sizes and types. The house is designed and used with standard materials typical of Land and House. The view is more beautiful than I expected, overlooking the lake and Doi Kham mountain. Most importantly, the location is also excellent. There are many great restaurants nearby, and it takes less than 10 minutes to get to the international airport. It's well worth it.
    Chiang Mai
    Mae Hia

    Neighborhood Overview

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