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house in Baan Thanaboon Property for rent/sale. (3-year old house) Land size: 248 sq.m. Key features: - 3 bedrooms - 4 air conditioners - 2 bathrooms (2 water heaters). Fully furnished -TV -Refrigerator -Washing machine -Thai-style kitchen Facilities: -24-hour security services - Waste disposal services. Baan Thanaboon Property, San Pak Wan sub-district, Hang Dong district, Chiang Mai province 50230. Surroundings: The Far Eastern University, Kad Farang, North Hill Golf Club, Big C Hang Dong, Makro, Chiang Mai Night Safari, Royal Park Rajapruek, San Pak Wan Municipal office, Cafe' Yuva Chiangmai, and North Hill's MIX. Location & direction: On Outer Ring Road at the Samoeng Intersection in Hang Dong heading to Tah Mai I temple, go straight for 2.8 km. then right to San Pak Wan Municipal office. Go straight for 1.2 km., the project is on the right-hand side.
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.
After you have found the right property at Baan Thanaboon Property you have to follow these steps:
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.
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.