3 Bedroom Townhouse for sale at Pruksa Ville 75 Rajapreuk-MaeHia

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Mae Hia, Mueang Chiang Mai,Chiang Mai
Unit ID: U1906178
5% Rental Yield
Tenant-Occupied until Jan 1, 2025
3 Bedrooms
2 Bathrooms
108 SqM Indoor Area
2 Storeys
Completed

About This Townhouse

This property is a 108 SqM townhouse with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Mae Hia, Chiang Mai. You can buy this townhouse for a base price of ฿3,800,000 (฿35,185/SqM) and it is also available for long term rentals starting from ฿15,000 per month.

3 Bedrooms Townhouse Near Rajapruek

Features

TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Aug 5, 2024
Updated 2 months ago
Property Type Townhouse
Storeys 2
Location Mae Hia, Chiang Mai
Bedrooms 3
Nearest Landmark Chiang Mai International Airport -4.5 Km
Indoor Area 108 SqM
Price per SqM ฿35,185
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 110.40 SqM
Pets Not Allowed
Townhouse Ownership

Foreign nationals can own the building (townhouse) 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
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) City View, 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.
฿966/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1906178

Investment Opportunity: Charges & Yield

Sale Price
฿3,800,000
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.
฿966/mo
Rent
฿15,000/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.
21
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

Developer: Pruksa Real Estate
Construction: Completed (Jan 2016)
Units: 170
Project Area: N/A
Nearest Landmark Chiang Mai International Airport - 4.5 Km
Location: Mae Hia, Chiang Mai
Pruksa Ville 75 Rajapreuk-MaeHia Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Pruksa Ville 75 Rajapreuk-MaeHia

For Sale 4 For Rent 4
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Frequently Asked Questions

All kind of pets are allowed at Pruksa Ville 75 Rajapreuk-MaeHia including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai International Airport is the nearest Airport from Pruksa Ville 75 Rajapreuk-MaeHia and it is 4.5 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 Pruksa Ville 75 Rajapreuk-MaeHia 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

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Chiang Mai
Mae Hia

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Pruksa Ville 75 Rajapreuk-MaeHia

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Number of units
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Year Built
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Project Name
Location
Number of units
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Location
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Sales Prices
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Year Built
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Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
฿30M - ฿55M
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