Lanna Bliss villa event and Chiang Mai villas market update
As we treasure our local network and community, on Saturday, August 9th, Globestone Developments hosted the Lanna Bliss villa sales and networking event, where we invited guest speakers, partners, friends, and clients.
Developed by Globestone Developments, Lanna Bliss is a stunning 4-bedroom, 5-bathroom pool villa project ideally situated between Hang Dong and San Pa Tong, just minutes from Grace International School and Kad Farang Community Mall. With convenient access to the 108 main road, you're only a 30-minute drive from the airport.
Click to view the video below, where our property agents, lawyer, and architect present a wealth of information about the Chiang Mai villas market update, essential legal information for property buying in Chiang Mai, and the design concept of the villa project.
Chiang Mai villas market
Aornjira Khatthima / Chiangmai Real Estate
With an increase in both domestic migration and the number of international expatriates, there is growing interest from foreign buyers and investors, particularly from Western countries and China. Property prices in Chiang Mai are expected to appreciate by 3-7% annually.
Villa price changes:
Current trends: The average price of villas in Chiang Mai has increased by approximately 8-10% over the past year, reflecting strong demand from both local and international buyers.
Future projections: Experts predict that villa prices will continue to rise, with an estimated growth rate of 5-10% annually over the next few years, driven by the city's increasing popularity and limited supply of high-quality properties.
With advancements in transportation, healthcare, and education—such as the establishment of international schools and hospitals—Chiang Mai is becoming increasingly appealing to both Thai nationals and expatriates.
The rental market for high-end villas in the Hang Dong and San Pa Tong areas of Chiang Mai is thriving in 2025. These regions are popular among expatriates and affluent locals, offering luxurious living spaces in serene surroundings.
Hang Dong
Luxury living: Hang Dong is known for its upscale residential developments, featuring modern villas with spacious layouts, private pools, and lush gardens. This area attracts affluent families and expatriates seeking a tranquil lifestyle close to nature.
Rental prices: High-end villas in Hang Dong typically start at around THB 10 million for purchase, with rental prices ranging from THB 40,000 to THB 100,000 per month, depending on the property’s amenities and location. Larger, luxury homes with extensive gardens and upscale finishes can command higher rents.
Family Appeal: The area is favoured by families due to its proximity to international schools, shopping centres, and recreational facilities, making it an ideal choice for long-term rentals.
San Pa Tong
Serene environment: San Pa Tong offers a more rural yet upscale living experience, characterized by beautiful landscapes and a slower pace of life. This area is increasingly popular for high-end villas that provide a luxurious escape from the city.
Rental market: Villas in San Pa Tong with a purchase price above THB 10 million usually have rental prices ranging from THB 30,000 to THB 70,000 per month. Properties often feature unique architectural styles, large plots of land, and stunning views of the surrounding countryside.
Expat Community: The area is becoming a preferred location for expatriates looking for spacious homes in a peaceful setting close to international schools, contributing to the demand for high-end rentals.
Legal protection
Chombol Khatthima / CSS Law Office Ltd
When buying property, particularly villas, families need to understand the ownership of the land and property they are purchasing, how they can be protected from a legal perspective, the purchasing process, and the tax implications or potential ways of purchasing for tax savings.
Land Ownership Regulations: In Thailand, foreigners can own buildings but not land. However, you can lease land for up to 30 years, with the option to renew. There are also opportunities to purchase land through a Thai company or by marrying a Thai national.
Due Diligence: Before purchasing, conduct thorough due diligence, including verifying land titles, checking for any encumbrances, and ensuring that the property is free from legal disputes. Engaging a local lawyer can help navigate these complexities.
Title Deeds: Ensure that the property has a clear title deed (Chanote), which is the most secure form of land ownership in Thailand. This confirms legal ownership and the right to use the land.
Contracts: Draft a well-structured sales and purchase agreement that outlines all terms, including payment schedules, property details, and conditions of sale. This document should be reviewed by a legal professional.
Property Registration: After purchase, ensure that the property is registered with the Land Department. This step is crucial for establishing legal ownership.
Local Laws and Regulations: Familiarise yourself with local laws and regulations regarding property ownership, zoning, and development. Compliance with these regulations is essential to avoid future legal issues.
Community and Environmental Considerations: Some areas may have specific community regulations or environmental protections. Understanding these can help ensure that your property investment aligns with local standards.
For information on property tax, please refer to our previously published article. A tip from us would be that using a company to buy and hold property is commonly seen as beneficial. This is because the future buyer only needs to change the shareholder’s name, which can result in significant tax savings for the seller. Additionally, it allows for the deduction of construction costs and simplifies ownership changes.
Lanna Bliss pool villa: Great value for money and ideal for family living
At Globestone Developments, we don’t just build properties, we create homes that feel alive and lifestyles that are luxurious and elegant. Lanna Bliss is unique and has its own character, we call that architecturally led homes. We chose a great location between Hang Dong and San Pa Tong, with an optimal east-facing direction that provides good natural light. We use tropical, natural materials as much as possible for Lanna Bliss, blending living space with the natural environment. The airflow, the light, and the pulse of the natural environment make the villa feel alive and breathe!
Lanna Bliss Villa in Hang Dong/San Pa Tong
4 bedrooms, 5 bathrooms, 800 sqm
274 sqm two stories
3x8m large pool
Chanote title deed/Freehold property
Customisable
฿17,000,000 (฿21,250/sqm)
Estimated rental: ฿75,000/month (5.3% rental yield*)
Disclaimer:Data and statistics are from various reliable sources, which can be provided upon request. While we strive to offer accurate and up-to-date information regarding our properties and services, we cannot guarantee the accuracy or completeness of the information contained herein. Prices, availability, and specifications are subject to change without notice.
*Rental yields can fluctuate based on market conditions, expenses, and risks; past performance does not guarantee future results.