4 Bedroom House for sale at Baan Nai Fun 3

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Mae Hia, Mueang Chiang Mai,Chiang Mai
Unit ID: U5612161
3% Rental Yield
4 Bedrooms
4 Bathrooms
450 SqM Indoor Area
2 Storeys
Jan 1997 Completed

About This House

This property is a 450 SqM house with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the Baan Nai Fun 3 project in Mae Hia, Chiang Mai and was completed in Jan 1997. You can buy this house for a base price of £384,000 (£852/SqM) and it is also available for long term rentals starting from £903 per month.

Amazing Location for a Family in Chiang Mai

  • The house is located in an extremely well-managed development (restaurant, coffee shop, and Spa
  • Markets, supermarkets, banks, gyms, garages, post offices and some schools are only minutes away
  • Public transport is not so good, you need a car or m/c although GRAB (like Uber) does serve this area well
  • Several hospitals and dentists are within 20 minutes
  • 20 minutes from the airport ... but far enough away that you do not hear the aircraft.
  • Direct flights to Hong Kong and Singapore are less than 3 hours ...... Chiangmai is a very convenient hub to travel around S.E. Asia for work or pleasure.
  • Most of the internet service providers can provide fiber high-speed internet directly into the house, we are spoilt for choice.
  • Utilities are reliable, mains water, bottled gas and electricity. 
  • The annual Mooban management fees are about Baht 20,000 a year
  • We (Nong & Chris, the owners) have been living in the same Mooban ourselves since 2002 and it's brilliant !
  • Why are we selling? .... simple, it is time to retire. :-)
  • What have we missed?

Features

Private GardenPrivate Garden Garden AccessGarden Access Covered ParkingCovered Parking

Basic Information

Date Listed Jul 7, 2025
Updated 10 hours ago
Property Type House (Single Detached)
Storeys 2
Location Mae Hia, Chiang Mai
Bedrooms 4
Nearest Landmark Royal Park Rajapruek -0.4 Km
Indoor Area 450 SqM
Price per SqM £852
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 744 SqM
Pets Cats and Dogs (small only)
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 1997)
Furniture
Unfurnished
View(s) Mountain View, Garden 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.
£34/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U5612161

Investment Opportunity: Charges & Yield

Sale Price
£384,000
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.
£34/mo
Rent
£903/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.
35
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.
3%

Project Details

Project Name: Baan Nai Fun 3
Developer: N/A
Construction: Completed (Jan 1997)
Units: 50
Project Area: N/A
Nearest Landmark Royal Park Rajapruek - 0.4 Km
Location: Mae Hia, Chiang Mai
Baan Nai Fun 3 Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Tennis Court Tennis Court

Available Units at Baan Nai Fun 3

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Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Baan Nai Fun 3.
Royal Park Rajapruek is the nearest National Park from Baan Nai Fun 3 and it is 0.4 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

After you have found the right property at Baan Nai Fun 3 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

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Number of units
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Nong Khwai, Mueang Chiang Mai, Chiang Mai
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Mae Hia, Mueang Chiang Mai, Chiang Mai
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