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    3 Bedroom House for sale at The Patio
    San Sai Noi, San Sai,Chiang Mai
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    Sale Price
    ฿3,900,000
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    3 Bedroom House for sale at The Patio

    (1 Review)
    San Sai Noi, San Sai,Chiang Mai
    Unit ID: U1932677
    6% Rental Yield
    3 Bedrooms
    2 Bathrooms
    137 SqM Indoor Area
    2 Storeys
    Jan 2011 Completed
    (1 Review)
    Sale Price
    ฿3,900,000
    30

    About This House

    This property is a 137 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in San Sai Noi, Chiang Mai and was completed in Jan 2011. You can buy this house for a base price of ฿3,900,000 (฿28,467/SqM) and it is also available for long term rentals starting from ฿20,000 per month.

    Features

    Covered ParkingCovered Parking Fully RenovatedFully Renovated (2024) Washing MachineWashing Machine

    Basic Information

    Date Listed Sep 12, 2024
    Updated 2 months ago
    Property Type House
    Storeys 2
    Location San Sai Noi, Chiang Mai
    Bedrooms 3
    Nearest Landmark Central Chiangmai -4.1 Km
    Indoor Area 137 SqM
    Price per SqM ฿28,467
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    50 SqM
    Plot Size 224 SqM
    Pets All Kind of Pets Allowed
    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 (Jan 2011)
    Furniture
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly 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.
    ฿600/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1932677

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿3,900,000
    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.
    ฿600/mo
    Rent
    ฿20,000/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: The Patio
    Developer: N/A
    Construction: Completed (Jul 2015)
    Units: 96
    Project Area: N/A
    Nearest Landmark Central Chiangmai - 4.1 Km
    Location: San Sai Noi, Chiang Mai
    The Patio Project Details

    Project Features

    Communal Pool Communal Pool
    Clubhouse Clubhouse
    24H Security 24H Security
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking

    Available Units at The Patio

    For Sale 2 For Rent 1
    • All
    • 3 Beds
    Get notified when new homes are being added to The Patio
    View All (2)

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    Frequently Asked Questions

    All kind of pets are allowed at The Patio including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Central Chiangmai is the nearest Shopping Mall from The Patio and it is 4.1 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 Patio 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 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    It perfectly fits conveniences.
    Thichada W., Thailand, 5 years ago
    This luxurious detached house is close to the main road and important locations such as markets, shops, restaurants, temples, and department stores, making life easier. It also has full facilities, such as a swimming pool, clubhouse, and a children's playground. You can feel safe because it has an excellent security system, and the guards will check an ID card before allowing you to enter. I've had no problems since I moved here. My family and I are happy to buy this house.
    Chiang Mai
    San Sai Noi

    Neighborhood Overview

    Location and Neighborhood

    Street View

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    Number of units
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