4 Bedroom House for sale at The Spring Place

(1 Review)
Ban Pet, Mueang Khon Kaen,Khon Kaen
Unit ID: U84969
4 Bedrooms
3 Bathrooms
315 SqM Indoor Area
2 Storeys
Dec 2016 Completed

About This House

This property is a 315 SqM house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the The Spring Place project in Ban Pet, Khon Kaen and was completed in Dec 2016. You can buy this house for a base price of £150,000 (£477/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony

Basic Information

Date Listed Oct 9, 2019
Updated 4 years ago
Property Type House
Storeys 2
Location Ban Pet, Khon Kaen
Bedrooms 4
Nearest Landmark Khonkaenram Hospital -3 Km
Indoor Area 315 SqM
Price per SqM £477
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 332 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 (Dec 2016)
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) Lake View, Garden View, Blocked 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 U84969

Price Analysis

Great Price
Estimated market value £202,000
Great
£141,000
Good
Fair
Above
£281,000
Current asking Price: £150,000
This house is £52,000 BELOW MARKET (-26%) in the Khon Kaen area. It is analyzed against similar houses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
£150,000

Project Details

Project Name: The Spring Place
Developer: N/A
Construction: Completed (Dec 2016)
Units: 100
Project Area: N/A
Nearest Landmark Khonkaenram Hospital - 3 Km
Location: Ban Pet, Khon Kaen
The Spring Place Project Details

Project Features

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

Available Units at The Spring Place

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Frequently Asked Questions

Khonkaenram Hospital is the nearest Hospital from The Spring Place and it is 3 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 The Spring Place 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
well maintained resort, high standards throughout.
John Moore, Australia, 4 years ago
Positive recommendations on The Spring Place, Villa and garden completed to a very high standard, The well maintained pool overlooking the lake and adjoining gym, suit my retirement plans perfectly. The staff were professional and friendly. The location close to lakeside restaurants and city cbd.
Khon Kaen
Ban Pet

Neighborhood Overview

Location and Neighborhood

Street View

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