Chiangmai Lake Land

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Suthep, Mueang Chiang Mai,Chiang Mai

Unit ID: U1042782
฿20,000,000
Bedroom
5 Bedrooms
Bathroom
4 Bathrooms
Indoor Area
456 SqM Indoor Area
Stairs
2 Storeys
Construction
Jan 2011 Completed

5 Bedroom House for sale at Chiangmai Lake Land

This property is a 456 SqM house with 5 bedrooms and 4 bathrooms that is available for sale. It is part of the Chiangmai Lake Land project in Suthep, Chiang Mai and was completed in Jan 2011. You can buy this house for a base price of ฿20,000,000 (฿43,860/SqM).

Basic Information

Property Type House
Storeys 2
Location Suthep, Mueang Chiang Mai, Chiang Mai
Bedrooms 5
Nearest Landmark Chiang Mai International Airport -1.4 Km
Indoor Area 456 SqM
Price per SqM ฿43,860
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 495 SqM
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 N/A
Construction Completed (Jan 2011)
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
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.
N/A
Listed By
Private Owner
Date Listed Nov 17, 2021
Last Updated 5 months ago
Unit ID U1042782

Investment Opportunity: Charges & Yield

Sale Price
฿20,000,000

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, Mueang Chiang Mai, Chiang Mai
Chiangmai Lake Land Project Details

Project Features

24H Security 24H Security

Available Units at Chiangmai Lake Land

Loan Calculator

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

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

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