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    1 Bedroom Condo for sale at N8 Serene Lake
    Mae Hia, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $106,000
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    1 Bedroom Condo for sale at N8 Serene Lake
    (2 Reviews)
    Unit ID: U1407908
    5% Rental Yield
    Mae Hia, Mueang Chiang Mai,Chiang Mai
    $106,000
    1 Bedroom
    1
    Bathroom
    538 Sqft
    Size
    7
    Floor
    Dec 2013
    Completed
    15
    Sale Price
    $106,000

    About This Condo

    This property is a 538 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Mae Hia, Chiang Mai and was completed in Dec 2013. You can buy this condo for a base price of $106,000 ($198/Sqft) and it is also available for long term rentals starting from $444 per month.

    N8 Serene Lake is a residential development located in the district of Mueang Chiang Mai, in the sub-district of Su Thep. It offers a peaceful living environment near the city center, overlooking a serene lake. The development features various amenities, such as a swimming pool, fitness center, and a lush garden. The units come in different sizes and layouts, from one-bedroom to three-bedroom units, fully furnished with modern and elegant designs. With its prime location and well-designed units, N8 Serene Lake is a desirable place to live for those seeking tranquility and convenience in Chiang Mai.

    Features

    BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed May 12, 2023
    Updated 3 months ago
    Property Type Condo
    Floor 7
    Bedroom 1
    Size 538 Sqft
    Price per Sqft $198
    Pets Not Allowed
    Condo Ownership

    Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.

    N/A
    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, Garden View, Unblocked Open View
    Unit Type N/A
    Building 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
    Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
    Agent / Partner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1407908

    Investment Opportunity: Charges & Yield

    Sale Price
    $106,000
    Rent
    $444/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.
    20
    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.
    5%

    Project Details

    Project Name: N8 Serene Lake
    Developer: N/A
    Construction: Completed (Dec 2013)
    Floors: 7
    Buildings: N/A
    Units: 69
    Project Area: 32,744 Sqft
    Nearest Landmark Chiang Mai International Airport - 2.2 Km
    Location: Mae Hia, Chiang Mai
    N8 Serene Lake Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Tennis Court Tennis Court

    Available Units at N8 Serene Lake

    For Sale 15 For Rent 4
    • All
    • 1 Bed
    • 2 Beds
    Available Units at N8 Serene Lake
    $106,000
    $198/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 538 Sqft Size
    Floor 7 Floor
    Fully Furnished Mountain View
    Updated 2 months ago
    Available Units at N8 Serene Lake
    $104,000
    $267/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 388 Sqft Size
    Floor 2 Floor
    Thai Quota Fully Furnished Garden View
    Available Units at N8 Serene Lake
    $79,900
    $212/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 377 Sqft Size
    Floor 2 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at N8 Serene Lake
    $104,000
    $240/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 431 Sqft Size
    Floor 4 Floor
    Foreign Quota Fully Furnished Lake View
    Available Units at N8 Serene Lake
    $222,000
    $282/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 786 Sqft Size
    Floor 6 Floor
    Foreign Quota Partly Furnished Lake View
    Available Units at N8 Serene Lake
    $214,000
    $273/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 786 Sqft Size
    Floor 7 Floor
    Foreign Quota Fully Furnished Lake View
    Available Units at N8 Serene Lake
    $104,000
    $240/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 431 Sqft Size
    Floor 3 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at N8 Serene Lake
    $84,300
    $224/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 377 Sqft Size
    Floor 2 Floor
    Thai Quota Fully Furnished Garden View
    Available Units at N8 Serene Lake
    $88,400
    $235/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 377 Sqft Size
    Floor 4 Floor
    Foreign Quota Fully Furnished Lake View
    Available Units at N8 Serene Lake
    $112,000
    $209/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 538 Sqft Size
    Floor 4 Floor
    Fully Furnished Mountain View
    Available Units at N8 Serene Lake
    $76,900
    $203/Sqft
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 378 Sqft Size
    Thai Quota Unblocked Open View
    Available Units at N8 Serene Lake
    $79,900
    $212/Sqft
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 377 Sqft Size
    Floor 5 Floor
    Thai Quota Partly Furnished Garden View
    Available Units at N8 Serene Lake
    $114,000
    $297/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 384 Sqft Size
    Floor 4 Floor
    Thai Quota Fully Furnished River or Canal View
    Available Units at N8 Serene Lake
    $85,800
    $222/Sqft
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 386 Sqft Size
    Floor 2 Floor
    Thai Quota Fully Furnished Garden View
    Available Units at N8 Serene Lake
    $207,000
    $263/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 787 Sqft Size
    Floor 2 Floor
    Thai Quota Fully Furnished Garden View
    Get notified when new homes are being added to N8 Serene Lake
    View All (15)

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    Frequently Asked Questions

    No pets are allowed at N8 Serene Lake unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Chiang Mai International Airport is the nearest Airport from N8 Serene Lake and it is 2.2 km away.

    Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

    In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

    This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

     

    Read more here

    After you have found the right property at N8 Serene Lake you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer

     


    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

    4.5 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Very nice location and scenery of Chiangmai close to airport
    Verified Former Resident, 4 years ago
    I used to lived in serene lake for about 6 years there are so many restaurant near maehia now these days such as the goodview and also its close to Big c and ripping also if u take the underground tunnel outer ring u can quickly arrive at central festival.
    A quality condo project in Chiang Mai
    Ping W., Thailand, 6 years ago
    I could say that this place is excellent. It is very beautiful and modern. I like it very much! The room is very spacious, comes in a perfect size, and is divided into proportions. It is also decorated with durable luxury furniture. It is so cozy. I think this place suits those who love privacy because there are only 60 units, not crowded at all. There are also good facilities here, such as a clubhouse, fitness center, swimming pool, tennis court. It is also close to Hang Dong Market and takes just 8 minutes from the airport. It is considered a condo with a great location.
    Chiang Mai
    Mae Hia

    Neighborhood Overview

    Location and Neighborhood

    Street View

    Projects Nearby N8 Serene Lake

    Location
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    Sales Prices
    Monthly Rentals
    Year Built
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    Project Name
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    Year Built
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    Project Name
    Mantana Serene Lake Chiangmai
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    ▼ -25% underpriced
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    Completion Status
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    Year Built
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    Number of units
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    Monthly Rentals
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    Year Built
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    Completion Status
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    Project Name
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    Location
    Mae Hia, Mueang Chiang Mai, Chiang Mai
    Number of units
    60
    Sales Prices
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    ▼ -21% underpriced
    Monthly Rentals
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    Year Built
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    Completion Status
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    Number of units
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    Monthly Rentals
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    Completion Status
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    Project Name
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    Location
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    Number of units
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    Sales Prices
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    Monthly Rentals
    $444 - $680
    Year Built
    Jan 2016
    Completion Status
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    Project Name
    Siwalee Lakeview
    Location
    Mae Hia, Mueang Chiang Mai, Chiang Mai
    Number of units
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    Sales Prices
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    ▲ 24% overpriced
    Monthly Rentals
    $1.18K - $1.42K
    Year Built
    Feb 2014
    Completion Status
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    Projects Nearby N8 Serene Lake
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    Karnkanok 21
    Airport Home Condo
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    Siritara Condominium
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    Pruksa Ville 75 Rajapreuk-MaeHia
    Siwalee Lakeview
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