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This three-bedroom, three-bathroom house is a superb opportunity for the discerning buyer looking for a home at The Laguna Home project in Nong Chom, Chiang Mai. This exemplary property is an enviable 201 square metres in size and was completed in October 2008 meaning it offers potential buyers up-to-date fittings and fixtures, and a timelessly elegant aesthetic. The corner-plot property is a delightful expression of modern Thai architecture and is well-situated in The Laguna Home project. An array of local attractions, amenities and services are in close proximity. The project has benefitted immensely from its strategic location, which is well-connected to the rest of Chiang Mai, and main routes.This is an unrivalled opportunity to purchase one of the best houses in Nong Chom, Chiang Mai. Boasting an impeccably manicured garden, several outdoor seating areas and a private swimming pool - this home offers unrivalled luxuries in abundance. Not to mention the outdoor balcony which is well placed to make the most of Nong Chom's remarkable climate, with the house itself allowing for breath-taking panoramic views of the beautiful surrounding area.Buyers will be able to purchase this house for base price of ฿7,350,000 (฿36,567/SqM). This property is a superb proposition for buyers seeking a quality property with a timeless aesthetic. Interested parties are encouraged to enquire with haste as this home is one of the most attractive properties in its area.
Foreign nationals can own the building (house) in their own name, but not the land that it stands on.
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.
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 The Laguna Home 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.