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Tenanted Pool Villa 11 Percent Yield Kad Farang Hang Dong

Chiang Mai, Hang Dong, Ban Waen
Sale: ฿ 6,490,000
4 Bedroom House for sale in Ban Waen, Chiang Mai
Full description

Listing ID: PC-CMPH26

4 Bedroom House for sale in Ban Waen, Chiang Mai

Income from day one. This fully renovated and furnished four-bedroom pool villa is already tenanted on a signed 12-month lease at 58,000 THB per month through 24 July 2027, delivering approximately 10.7% gross yield at the current asking price. For an investor it is about as turn-key as Chiang Mai property gets: a 2025 renovation, a good tenant in place, and rent running from the day of completion.

The tenant demand is structural. SBS International School is about 100 meters from the gate, and Kad Farang Village, with Rimping Supermarket, Starbucks and daily services, is directly in front. Families with children at the school want exactly this: a four-bedroom house with a pool that they can walk to school from, which keeps the re-letting pool deep whenever a lease turns over.

The villa was stripped back to its structure and rebuilt in 2025 with new flooring, fittings and a private saltwater pool, and gained an extension wing housing a full master suite. That work means no immediate capital expenditure, and the only owner-paid running cost is 3,000 THB per month for pool and garden maintenance. When the lease eventually ends, the layout of four bedrooms, three bathrooms and an open-plan living space is equally suited to an owner-occupier.
Investment Snapshot


Currently tenanted on a signed 12-month lease at 58,000 THB per month

Lease term: 25 July 2026 to 24 July 2027

Annual rental income: 696,000 THB

Approximately 10.7% gross yield at the current asking price

Owner-paid running costs: 3,000 THB per month for pool and garden maintenance (36,000 THB per year)

Fully furnished, and the furniture conveys with the tenancy

Renovated in 2025, so no immediate capital expenditure

Hands-off tenancy in place from completion

Overview


4 bedrooms, 3 bathrooms, 2 floors

Land size: 244 Sq.m (61 Sq.wah) (0-0-61 Rai)

Living area: 180 Sq.m

Private saltwater swimming pool: 8m x 4m

Chanote title

Key Features


Open-plan living, kitchen and dining area across the ground floor

Western-style kitchen

Ground-floor bedroom with en-suite bathroom, suited to guests or multi-generational use

Three bedrooms upstairs

Master suite in the extension wing with walk-in wardrobe, en-suite bathroom and bathtub

Outdoor shower and covered sala beside the pool

Three air-conditioning units

Covered parking for one car

Nearby
Ban Waen, Hang Dong is the southern edge of the international school belt, minutes from the airport road and the Hang Dong shopping strip.
Schools & Education


SBS International School - 2 minutes on foot (100 m)

Shopping & Essentials


Kad Farang Village (Rimping Supermarket, Starbucks) - on foot, directly in front

 

A signed tenant, a 2025 renovation and a double-digit gross yield at the asking price rarely arrive together in Chiang Mai.

Contact PROPERTIES CHIANGMAI CO., LTD. to arrange a viewing.
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Chiang Mai, Hang Dong, Ban Waen
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