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    5 Bedroom Villa for sale at Pran Exclusive Residences
    Mae Hia, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    ฿30,000,000
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    5 Bedroom Villa for sale at Pran Exclusive Residences

     (Write Review)
    Mae Hia, Mueang Chiang Mai,Chiang Mai
    Unit ID: U1894214
    6% Rental Yield
    Tenant-Occupied until Jul 11, 2025
    5 Bedrooms
    5 Bathrooms
    480 SqM Indoor Area
    2 Storeys
    12 Months Made To Order
     (Write Review)
    Sale Price
    ฿30,000,000
    18

    About This Villa

    This property is a 480 SqM villa with 5 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Mae Hia, Chiang Mai and will be built within 12 months of purchase. You can buy this villa for a base price of ฿30,000,000 (฿62,500/SqM) and it is also available for long term rentals starting from ฿160,000 per month.

    Pran Exclusive Residences

    Reduced Price! Now 30 Million Baht (from 35 Million Baht) Also Available for Rent: 160,000 Baht per month This exceptional pool villa in the prestigious Pran project offers unparalleled luxury and privacy. Designed for discerning individuals, this home exudes sophistication and exclusivity. Key Features:
    • Bedrooms/Bathrooms: 5 spacious bedrooms, 5 luxurious bathrooms, plus 1 maid's room with en-suite bathroom.
    • Living Spaces: A grand double-height living area perfect for entertaining, plus a separate family room for more intimate gatherings.
    • Kitchens: A modern Western-style kitchen equipped with high-end SMEG appliances imported from Italy, plus a separate Thai kitchen for traditional cooking.
    • Additional Rooms: A dedicated shoe storage room, a prayer room for quiet reflection, and a separate storage room for added convenience.
    • Outdoor Oasis: A large private swimming pool, a spacious outdoor area perfect for relaxation, and a beautifully landscaped garden with a wide koi pond.
    • Parking: A secure, enclosed 3-car garage with additional motorcycle parking.
    Premium Features & Finishes:
    • High-Quality Materials: Built with imported materials and double-wall construction for superior insulation and energy efficiency.
    • Solid Teak Wood Flooring: Exquisite red teak wood flooring throughout the entire house.
    • Smart Home Technology: Cutting-edge smart home technology with Apple lighting controls imported from the USA, allowing control via iPhone.
    • Luxury Fixtures: High-end fixtures and fittings throughout the villa.
    • Built-in Furniture: Fully built-in furniture designed for both style and functionality.
    • Large Jacuzzi: Enjoy ultimate relaxation in the large jacuzzi.
    • Outdoor Bathroom: A convenient outdoor bathroom by the pool area.
    • Electric Fence: Enhanced security with an electric fence surrounding the property.
    • Central Air Conditioning: 10 concealed air conditioning units throughout the house.
    Property Details:
    • Land Area: 318 square wah (approximately 1,272 square meters)
    Exclusive Community: Located in a highly private and exclusive high-end community, Pran project consists of only a few select homes. Almost 100% of the residents are successful business professionals. This is one of the most prestigious addresses in Chiang Mai. "A Home That Reflects Your Success" This villa is more than just a home; it's a statement of achievement and refined taste. Contact us today to schedule a private viewing and experience the epitome of luxury living in Chiang Mai.  

    Features

    Private PoolPrivate Pool Pool AccessPool Access Private GardenPrivate Garden Garden AccessGarden Access Covered ParkingCovered Parking Outdoor ShowersOutdoor Showers

    Basic Information

    Date Listed Jul 11, 2024
    Updated 18 hours ago
    Property Type Villa
    Storeys 2
    Location Mae Hia, Chiang Mai
    Bedrooms 5
    Nearest Landmark Chiang Mai International Airport -3.4 Km
    Indoor Area 480 SqM
    Price per SqM ฿62,500
    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 1,272 SqM
    Pets All Kind of Pets Allowed
    Villa Ownership

    Foreign nationals can own the building (villa) in their own name, but not the land that it stands on.

    Foreign Ownership, Thai Ownership, Company, Leasehold
    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, Company, Leasehold
    Land Title Deed N/A
    Construction Made To Order (12 Months)
    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 3
    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 U1894214

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿30,000,000
    Rent
    ฿160,000/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: Pran Exclusive Residences
    Developer: N/A
    Construction: Made To Order (12 Months)
    Units: 24
    Project Area: N/A
    Nearest Landmark Chiang Mai International Airport - 3.4 Km
    Location: Mae Hia, Chiang Mai
    Pran Exclusive Residences Project Details

    Project Features

    Hotel Managed Hotel Managed
    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area

    Available Units at Pran Exclusive Residences

    For Sale 1 For Rent 1
    • All
    • 5 Beds
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    Frequently Asked Questions

    Chiang Mai International Airport is the nearest Airport from Pran Exclusive Residences and it is 3.4 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

    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

    After you have found the right property at Pran Exclusive Residences you have to follow these steps:

     

    • - Unit selection and agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - 1st Contract Payment
    • - Payment Installments
    • - Snag List
    • - Transfer

    Read more here

     

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    Chiang Mai
    Mae Hia

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