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
Tenant-Occupied until Jun 1, 2027
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 Chiangmai Lake Land project in Suthep, Chiang Mai and was completed in Oct 2018. You can buy this villa for a base price of ฿9,490,000 (฿33,893/SqM) and it is also available for long term rentals starting from ฿62,000 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 3 months 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 ฿33,893
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 in their own name. The options for a foreigner to make use of the land are via a long-term lease or by investing in a Thai company that owns the land.

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, Pool View, Garden View, Unblocked Open 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
฿9,490,000
Rent
฿62,000/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

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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.

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.

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


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.

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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
฿3.8M - ฿3.9M
▼ -38% underpriced
Monthly Rentals
฿18K - ฿40K
Year Built
Dec 2012
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
71
Sales Prices
฿2.68M
Monthly Rentals
฿9K
Year Built
Jan 2014
Completion Status
Completed
Project Name
Chayayon Condo
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
65
Sales Prices
฿1.5M
▼ -44% underpriced
Monthly Rentals
฿7.5K - ฿25K
Year Built
Feb 2014
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
63
Sales Prices
฿5.9M - ฿11.9M
Monthly Rentals
฿25K
Year Built
Jan 2000
Completion Status
Completed
Project Name
Chayayon Village
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
฿4.5M - ฿4.95M
▼ -23% underpriced
Monthly Rentals
฿17K - ฿60K
Year Built
Dec 2010
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
69
Sales Prices
฿3.56M - ฿3.89M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
69
Sales Prices
฿2.55M - ฿4.42M
Monthly Rentals
฿12.5K
Year Built
Dec 2014
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
69
Sales Prices
฿2.2M - ฿2.55M
▼ -37% underpriced
Monthly Rentals
฿10K - ฿18K
Year Built
Jan 2014
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
98
Sales Prices
฿42M
Monthly Rentals
N/A
Year Built
May 2010
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
199
Sales Prices
฿2.45M - ฿18.1M
▼ -7.8% underpriced
Monthly Rentals
฿10K - ฿55K
Year Built
Feb 2017
Completion Status
Completed
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