Unit ID: U1973191
5% Rental Yield
Tenant-Occupied until Mar 29, 2025
Mae Hia, Mueang Chiang Mai,Chiang Mai
$1,590,000
4 Bedrooms
6
Bathrooms
3,122 Sqft
Indoor Area
2
Storeys
Completed

About This House

This property is a 3,122 Sqft house with 4 bedrooms and 6 bathrooms that is available for sale. It is part of the project in Mae Hia, Chiang Mai. You can buy this house for a base price of $1,590,000 ($509/Sqft) and it is also available for long term rentals starting from $6,940 per month.

House for Sale Mantana Serene Lake Chiangmai near Chiang Mai

A Lakeside private resort which provides panoramic view of Serenelake & Doi Suthep   Usable area 290 sq.m. - Main house - Small house - Multi-purpose building   Main house 4 bedrooms 6 bathrooms 1 living room 1 servant room 2 parking spaces   Small house 1 bedroom 1 bathroom   Facilities - Project entrance in style of Gated Community with the security system starting from the entrance - The area in Lakeside Retreat Park with the scenic pavillion and playground - The Lakeside Greenbelt Park 's pathway is designed as a long garden to walk along the edge of waterside Security System - Bluetooth entry system - 24 hours Land and Houses standard security system   Facilities around the project (approximate distance)   - The Good View Village restaurant 700 m. - Geriatric Medical Center 4.5 km. - Chiang Mai International Airport 6 km. - Lanna International School 2 km. - Central Airport Plaza 5 km.   Other details - remote gate - Anti-theft alarm system - Termite control system - decorate the bathroom with smart sanitary ware - Thai kitchen with furniture - Water tank / water pump - wallpapered walls - 6 air conditioners

Features

Pool AccessPool Access Private GardenPrivate Garden Garden AccessGarden Access Washing MachineWashing Machine TVTV

Basic Information

Date Listed Nov 21, 2024
Updated 1 month ago
Property Type House
Storeys 2
Location Mae Hia, Chiang Mai
Bedrooms 4
Nearest Landmark Chiang Mai International Airport -1.9 Km
Indoor Area 3,122 Sqft
Price per Sqft $509
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
6,265 Sqft
Plot Size 6,265 Sqft
Pets All Kind of Pets 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
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Lake View, Mountain View, Unblocked Open View
Unit Type N/A
Parking Spots N/A
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.
$2,600/mo
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 U1973191

Investment Opportunity: Charges & Yield

Sale Price
$1,590,000
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.
$2,600/mo
Rent
$6,940/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.
19
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

Developer: Land and Houses
Construction: Completed (Dec 2021)
Units: 78
Project Area: 602,779 Sqft
Nearest Landmark Chiang Mai International Airport - 1.9 Km
Location: Mae Hia, Chiang Mai
Mantana Serene Lake Chiangmai Project Details

Project Features

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

Available Units at Mantana Serene Lake Chiangmai

For Sale 2 For Rent 2
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Frequently Asked Questions

All kind of pets are allowed at Mantana Serene Lake Chiangmai including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiang Mai International Airport is the nearest Airport from Mantana Serene Lake Chiangmai and it is 1.9 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 Mantana Serene Lake Chiangmai 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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