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    5 Bedroom House for sale at Baan Karnkanok 12
    Nong Phueng, Saraphi,Chiang Mai
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    Sale Price
    ฿7,500,000
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    5 Bedroom House for sale at Baan Karnkanok 12

    (1 Review)
    Nong Phueng, Saraphi,Chiang Mai
    Unit ID: U1943997
    8% Rental Yield
    5 Bedrooms
    4 Bathrooms
    300 SqM Indoor Area
    2 Storeys
    Completed
    (1 Review)
    Sale Price
    ฿7,500,000
    19

    About This House

    This property is a 300 SqM house with 5 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Nong Phueng, Chiang Mai. You can buy this house for a base price of ฿7,500,000 (฿25,000/SqM) and it is also available for long term rentals starting from ฿52,000 per month.

    Features

    Private GardenPrivate Garden Covered ParkingCovered Parking Washing MachineWashing Machine

    Basic Information

    Date Listed Oct 3, 2024
    Updated 2 months ago
    Property Type House
    Storeys 2
    Location Nong Phueng, Chiang Mai
    Bedrooms 5
    Nearest Landmark Promenada Chiang Mai -2 Km
    Indoor Area 300 SqM
    Price per SqM ฿25,000
    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 416 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.

    N/A
    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.

    N/A
    Land Title Deed N/A
    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) N/A
    Unit Type N/A
    Parking Spots 4
    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 U1943997

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿7,500,000
    Rent
    ฿52,000/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.
    12
    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.
    8%

    Project Details

    Project Name: Baan Karnkanok 12
    Developer: Karnkanok Property Co., Ltd.
    Construction: Completed (Aug 2018)
    Units: 315
    Project Area: 121,470 SqM
    Nearest Landmark Promenada Chiang Mai - 2 Km
    Location: Nong Phueng, Chiang Mai
    Baan Karnkanok 12 Project Details

    Project Features

    Hotel Managed Hotel Managed
    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
    Sauna Sauna

    Available Units at Baan Karnkanok 12

    For Sale 4 For Rent 10
    • All
    • 3 Beds
    • 5 Beds
    Get notified when new homes are being added to Baan Karnkanok 12
    View All (4)

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    Frequently Asked Questions

    All kind of pets are allowed at Baan Karnkanok 12 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Promenada Chiang Mai is the nearest Shopping Mall from Baan Karnkanok 12 and it is 2 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 Baan Karnkanok 12 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
    Good atmosphere.
    Krittiyot J, Thailand, 5 years ago
    I have the opportunity to visit the model house. The atmosphere here is shady and has a huge area. I'm okay with the surroundings. Nice house, modern design with three bedrooms and privately gated. The house has some furniture, which looks strong and durable. The clubhouse is large. There is a swimming pool, a fitness center, and children's play areas as well. Personally, the location is very convenient. I can travel to the city in 5 minutes. Next to the project, there are many shops. If you want to go to Chiang Mai International Airport, it only takes about 15 minutes.
    Chiang Mai
    Nong Phueng

    Neighborhood Overview

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