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    3 Bedroom House for sale at Wararom Charoenmuang
    Ton Pao, San Kamphaeng,Chiang Mai
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    Sale Price
    ฿5,300,000
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    3 Bedroom House for sale at Wararom Charoenmuang

    (1 Review)
    Ton Pao, San Kamphaeng,Chiang Mai
    Unit ID: U1886890
    7% Rental Yield
    Tenant-Occupied until Jul 1, 2025
    3 Bedrooms
    3 Bathrooms
    160 SqM Indoor Area
    2 Storeys
    Completed
    (1 Review)
    Sale Price
    ฿5,300,000
    16

    About This House

    This property is a 160 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Ton Pao, Chiang Mai. You can buy this house for a base price of ฿5,300,000 (฿33,125/SqM) and it is also available for long term rentals starting from ฿30,000 per month.

    Vararom CharoenMuang 3 Bedrooms For Sale and For Rent

    This property in Vararom Village, Charoen Muang, is available for sale at 5.3 million THB and for rent at 30,000 THB per month with a lease contract of at least 1 year. The rent requires payment for 3 months in advance. The property includes a spacious living room, kitchen, laundry room, covered parking, and garden space. It features a 68-square-wah plot (272 square meters) with a comfortable 160-square-meter living area, comprising 3 bedrooms and 3 bathrooms. Additionally, the village amenities include a clubhouse, swimming pool, and fitness facilities.

    Features

    Garden AccessGarden Access Covered ParkingCovered Parking Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV Cable TVCable TV Gardening IncludedGardening Included

    Basic Information

    Date Listed Jun 29, 2024
    Updated 2 months ago
    Property Type House
    Storeys 2
    Location Ton Pao, Chiang Mai
    Bedrooms 3
    Nearest Landmark Promenada Chiang Mai -3.7 Km
    Indoor Area 160 SqM
    Price per SqM ฿33,125
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    112 SqM
    Plot Size 272 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.

    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) City View, Unblocked Open 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 U1886890

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿5,300,000
    Rent
    ฿30,000/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.
    15
    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.
    7%

    Project Details

    Project Name: Wararom Charoenmuang
    Developer: Q Houses
    Construction: Completed (Dec 2008)
    Units: 262
    Project Area: N/A
    Nearest Landmark Promenada Chiang Mai - 3.7 Km
    Location: Ton Pao, Chiang Mai
    Wararom Charoenmuang Project Details

    Project Features

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

    Available Units at Wararom Charoenmuang

    For Sale 7 For Rent 2
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    • 3 Beds
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    Frequently Asked Questions

    Promenada Chiang Mai is the nearest Shopping Mall from Wararom Charoenmuang and it is 3.7 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 Wararom Charoenmuang 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

    4.7 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    A quiet and shady place
    Jiyeon Park, South Korea, 4 years ago
    I fell in love with this place all over again. It's peaceful and shady, especially during the winter. It is so refreshing. The village has a large park, as well as a swimming pool and a fitness center. The house has two floors, three bedrooms, and three bathrooms. There is a green area surrounding the house, with private parking. The neighbors are lovely and friendly. The security guards take good care of residents. The location is excellent, right on the main road, it takes about 10 minutes to travel to Promenada Chiang Mai. Recommend!
    Chiang Mai
    Ton Pao

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