5 Bedroom Villa for sale at Chiangmai Lake Land

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Suthep, Mueang Chiang Mai,Chiang Mai
Unit ID: U5356171
8% Rental Yield
5 Bedrooms
5 Bathrooms
280 SqM Indoor Area
2 Storeys
Oct 2018 Completed

About This Villa

This property is a 280 SqM villa with 5 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Suthep, Chiang Mai and was completed in Oct 2018. You can buy this villa for a base price of £214,000 (£764/SqM) and it is also available for long term rentals starting from £1,350 per month.

Exclusive Investment Opportunity at CM Lakeland, Suthep

Discover an exceptional property within the secure, gated community of CM Lakeland in Suthep, just moments from the convenience of Suthep Municipality. This impressive two-story home offers a blend of spacious living and investment potential. Property Highlights:
  • Generous Land Size: Sprawling across 74.9 square wah.
  • Expansive Living Area: Boasting over 280 square meters of total usable space.
  • Abundant Accommodation: Featuring 5 bedrooms and 5 bathrooms (including a maid's quarters), providing ample space for family and guests.
  • Private Oasis: Enjoy your own private swimming pool measuring a comfortable 3.5 x 7 meters – perfect for relaxation and recreation.
  • Convenient Parking: Accommodates 2 vehicles with dedicated parking spaces.
  • Peace of Mind: Benefit from 24-hour security within the well-maintained project.
  • Strong Rental Income: Currently generating a lucrative rental income of ฿60,000 per month.
  • Established Tenancy: The existing lease agreement runs from April 2023 to March 2026, offering immediate returns for investors.
  • Attractive Price: Offered at ฿9.49 million, representing excellent value for a property of this size and location.
This property presents a unique opportunity to acquire a substantial family home with a strong rental yield in a sought-after Chiang Mai location. Don't miss out on this exceptional investment!

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony TVTV

Basic Information

Date Listed Apr 22, 2025
Updated 11 hours ago
Property Type Villa (Single Detached)
Storeys 2
Location Suthep, Chiang Mai
Bedrooms 5
Nearest Landmark Chiang Mai International Airport -1.4 Km
Indoor Area 280 SqM
Price per SqM £764
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 299 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.

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 (Oct 2018)
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) Mountain View, City View
Unit Type N/A
Parking Spots 2
Pool Size 3.5x7
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 U5356171

Investment Opportunity: Charges & Yield

Sale Price
£214,000
Rent
£1,350/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.
13
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: Chiangmai Lake Land
Developer: N/A
Construction: Completed (Jan 2011)
Units: 70
Project Area: N/A
Nearest Landmark Chiang Mai International Airport - 1.4 Km
Location: Suthep, Chiang Mai
Chiangmai Lake Land Project Details

Project Features

24H Security 24H Security
Communal Garden Area Communal Garden Area

Available Units at Chiangmai Lake Land

For Sale 3 For Rent 2
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Frequently Asked Questions

All kind of pets are allowed at Chiangmai Lake Land including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai International Airport is the nearest Airport from Chiangmai Lake Land and it is 1.4 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 Chiangmai Lake Land 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
Suthep

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Chiangmai Lake Land

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
20
Sales Prices
£82.7K - £941K
▼ -38% underpriced
Monthly Rentals
£403 - £896
Year Built
Dec 2012
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
71
Sales Prices
£40.1K - £60K
Monthly Rentals
N/A
Year Built
Jan 2014
Completion Status
Completed
Project Name
Chayayon Condo
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
65
Sales Prices
£29.1K - £33.6K
▼ -44% underpriced
Monthly Rentals
N/A
Year Built
Feb 2014
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
63
Sales Prices
£155K - £267K
Monthly Rentals
N/A
Year Built
Jan 2000
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
13
Sales Prices
£511K - £1.23M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
Chayayon Village
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
£89.6K - £213K
▼ -23% underpriced
Monthly Rentals
£381 - £1.34K
Year Built
Dec 2010
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
69
Sales Prices
£83K - £155K
Monthly Rentals
£784
Year Built
N/A
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
69
Sales Prices
£56K - £87.4K
Monthly Rentals
£280 - £336
Year Built
Dec 2014
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
69
Sales Prices
£49.3K - £51.5K
▼ -37% underpriced
Monthly Rentals
£403
Year Built
Jan 2014
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
£535K - £851K
Monthly Rentals
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Year Built
May 2010
Completion Status
Completed
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