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    5 Bedroom House for sale at Siwalee Lakeview
    Mae Hia, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    ฿19,500,000
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    5 Bedroom House for sale at Siwalee Lakeview
    (5 Reviews)
    Unit ID: U154388
    6% Rental Yield
    Mae Hia, Mueang Chiang Mai,Chiang Mai
    ฿19,500,000
    5 Bedrooms
    4
    Bathrooms
    350 SqM
    Indoor Area
    2
    Storeys
    Feb 2014
    Completed
    19
    Sale Price
    ฿19,500,000

    About This House

    This property is a 350 SqM house with 5 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Mae Hia, Chiang Mai and was completed in Feb 2014. You can buy this house for a base price of ฿19,500,000 (฿55,714/SqM).

    Features

    Private GardenPrivate Garden Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony

    Basic Information

    Date Listed Oct 9, 2019
    Updated 4 years ago
    Property Type House
    Storeys 2
    Location Mae Hia, Chiang Mai
    Bedrooms 5
    Nearest Landmark Chiang Mai International Airport -5.1 Km
    Indoor Area 350 SqM
    Price per SqM ฿55,714
    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 510 SqM
    Pets Not Allowed
    House Ownership

    Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

    Company
    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.

    Company
    Land Title Deed Chanote
    Construction Completed (Feb 2014)
    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) Lake View, Mountain View, Park View, City View, Pool View, Garden View, Blocked View
    Unit Type N/A
    Parking Spots 2
    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
    Electricity Price N/A
    Water Price N/A
    Unit ID U154388

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿19,500,000
    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.
    18
    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 5 bedroom houses at Siwalee Lakeview, and the current sales price.
    6%

    Project Details

    Project Name: Siwalee Lakeview
    Developer: Land and Houses
    Construction: Completed (Feb 2014)
    Units: 179
    Project Area: N/A
    Nearest Landmark Chiang Mai International Airport - 5.1 Km
    Location: Mae Hia, Chiang Mai
    Siwalee Lakeview Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking
    Steam Room Steam Room
    Sauna Sauna
    Tennis Court Tennis Court

    Available Units at Siwalee Lakeview

    For Sale 7 For Rent 5
    • All
    • 3 Beds
    • 4 Beds
    • 5 Beds
    Get notified when new homes are being added to Siwalee Lakeview
    View All (7)

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    Frequently Asked Questions

    All kind of pets are allowed at Siwalee Lakeview including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Chiang Mai International Airport is the nearest Airport from Siwalee Lakeview and it is 5.1 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 Siwalee Lakeview 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

    Reviews

    4.3 out of 5
    Based on
    5 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The village is surrounded by mountains and lakes.
    Khun Kan, Thailand, 4 years ago
    I think the houses here are quite expensive. The selling is focusing on the stunning views. The atmosphere in the village is surrounded by mountains and lakes. There is also an area for family activities. Overall, I think the area is clean. However, the project facilities are too small. The playground was not enough for the number of children in the village. The house structure is considered strong and selected to use high-quality materials. The project is located in the Hang Dong area, which is not far from Chiang Mai city on the way to Chom Thong District and near many tourist attractions. There are many luxury restaurants in front of the village, several markets, and near the airport.
    Single-family home, close to nature
    Joie Medlin, France, 5 years ago
    I am very impressed to choose the house for my family living comfortably amid natural lakes and mountains. The project atmosphere is pleasant, perfectly blended with nature. Every morning, you will listen to the birds singing and the breezy blows into the house that you can commune with real happiness. In the house, the living areas are sufficient and match the price. The security system is also strict, providing a high-privacy. What makes me impressed will be the lovely and friendly neighbors!!
    The quality of this house is on the top!
    Mongkhul Wong, Thailand, 5 years ago
    A dream house to nature and privacy lovers. The village is surrounded by gardens and a large lake which is very nice! The house is so stylish and fully furnished. Easy for moving in. There is a private swimming pool in the house, not that big but practical enough. Overall, it's okay. The project can be slightly pricey compared to other projects, but its quality is on the top!
    A good house in Land & House project
    Patthorn W., Thailand, 5 years ago
    It is a community gated village, the most interesting in Chiang Mai with beautiful lake and mountain views. The atmosphere is private and tranquil. There is also a wide road, and cars are not crowded. Therefore, skaters or bike riders can enjoy their activities together. It also has a large swimming pool, 3 tennis courts, and many other facilities. Moreover, the project is located in a great location, not far from Route 3029. So, it is easily accessible and also close to the fresh food market.
    The best beautiful village in Chiang Mai
    Joungbae Park, South Korea, 5 years ago
    The most beautiful village in Chiang Mai with the best atmosphere, next to the lake, shady and cool. More importantly, the view is incredible in the evening. Inside the project, there is a wide road, and the house has a high standard and modern design. There is a yard around the house for pets. The common area includes a large swimming pool, a tennis court, and other activities provided to the residents. Located in an excellent location, close to Chiang Mai Airport, only 8 kilometers away.
    Chiang Mai
    Mae Hia

    Neighborhood Overview

    Location and Neighborhood

    Street View

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