2 Bedroom Condo for sale at N8 Serene Lake

(2 Reviews)
Mae Hia, Mueang Chiang Mai,Chiang Mai
Unit ID: U659136
4% Rental Yield
2 Bedrooms
2 Bathrooms
73.07 SqM Size
2 Floor
Dec 2013 Completed

About This Condo

This property is a 73.07 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the N8 Serene Lake project in Mae Hia, Chiang Mai and was completed in Dec 2013. You can buy this condo for a base price of ฿7,000,000 (฿95,799/SqM).

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Feb 1, 2021
Updated 3 years ago
Property Type Condo
Floor 2
Bedrooms 2
Size 73.07 SqM
Price per SqM ฿95,799
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Thai Quota
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) Garden 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 FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U659136

Investment Opportunity: Charges & Yield

Sale Price
฿7,000,000
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.
23
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom condos at N8 Serene Lake, and the current sales price.
4%

Project Details

Project Name: N8 Serene Lake
Developer: N/A
Construction: Completed (Dec 2013)
Floors: 7
Buildings: N/A
Units: 69
Project Area: 3,042 SqM
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 12 For Rent 4
Available Units at N8 Serene Lake
฿2,850,000
฿81,429/SqM
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Garden View
Available Units at N8 Serene Lake
฿3,600,000
฿72,000/SqM
Beds 2 Beds
Baths 1 Baths
Size 50 SqM Size
Floor 7 Floor
Fully Furnished Mountain View
Available Units at N8 Serene Lake
฿3,500,000
฿87,500/SqM
Beds 1 Beds
Baths 1 Baths
Size 40 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Lake View
Available Units at N8 Serene Lake
฿3,800,000
฿76,000/SqM
Beds 2 Beds
Baths 1 Baths
Size 50 SqM Size
Floor 4 Floor
Fully Furnished Mountain View
Available Units at N8 Serene Lake
฿2,990,000
฿85,429/SqM
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Lake View
Available Units at N8 Serene Lake
฿2,700,000
฿76,078/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35.49 SqM Size
Floor 2 Floor
Fully Furnished Garden View
Available Units at N8 Serene Lake
฿2,600,000
฿73,969/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35.15 SqM Size
Thai Quota Unblocked Open View
Available Units at N8 Serene Lake
฿2,700,000
฿77,165/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.99 SqM Size
Floor 5 Floor
Thai Quota Partly Furnished Garden View
Available Units at N8 Serene Lake
฿2,900,000
฿80,893/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35.85 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Garden View
Available Units at N8 Serene Lake
฿3,500,000
฿97,222/SqM
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Garden View
Available Units at N8 Serene Lake
฿3,850,000
฿107,934/SqM
Beds 1 Beds
Baths 1 Baths
Size 35.67 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at N8 Serene Lake
฿7,000,000
฿95,799/SqM
Beds 2 Beds
Baths 2 Baths
Size 73.07 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Garden View
Get notified when new homes are being added to N8 Serene Lake
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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

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

Do you own a property at N8 Serene Lake?

Find out how much your property is worth and start your listing for free.

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, 3 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, 5 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
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
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
236
Sales Prices
฿5.8M - ฿11M
▲ 2% overpriced
Monthly Rentals
฿30K - ฿40K
Year Built
Jan 2007
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
69
Sales Prices
฿1.9M - ฿2.4M
▼ -25% underpriced
Monthly Rentals
฿8K - ฿15K
Year Built
Jan 2013
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
226
Sales Prices
฿6.5M - ฿12.5M
▼ -24% underpriced
Monthly Rentals
฿30K - ฿48K
Year Built
Dec 2013
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
60
Sales Prices
฿1.4M
▼ -21% underpriced
Monthly Rentals
฿6.5K
Year Built
Jan 2015
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
79
Sales Prices
฿2.8M - ฿9.9M
▼ -0.8% underpriced
Monthly Rentals
฿12K - ฿30K
Year Built
Jun 2011
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
170
Sales Prices
฿2.69M - ฿4.35M
Monthly Rentals
฿15K
Year Built
Jan 2016
Completion Status
Completed
Project Name
Siwalee Lakeview
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
179
Sales Prices
฿9.8M - ฿19.5M
▲ 8.7% overpriced
Monthly Rentals
N/A
Year Built
Feb 2014
Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
294
Sales Prices
฿5.5M
▼ -21% underpriced
Monthly Rentals
฿25K
Year Built
Jan 2010
Completion Status
Completed
Project Name
BIZPOINT 10
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
68
Sales Prices
฿6.5M
Monthly Rentals
N/A
Year Built
Dec 2017
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
98
Sales Prices
฿38M
Monthly Rentals
N/A
Year Built
May 2010
Completion Status
Completed
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