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This stunning property provides the ultimate opportunity for buyers to live in The Prominence Proud project in San Sai Noi, Chiang Mai. Boasting 134 SqM of vibrant living space, the house offers 3 bedrooms, 2 bathrooms, and will be built within merely 6 months of purchase. Expertly constructed and well-appointed, the property offers all the necessary amenities for comfortable living. Furthermore, the base price of ฿3,880,000 (฿28,955/SqM) provides on excellent investment opportunity to acquire the ultimate property in a desirable section of Chiang Mai. This welcoming home provides a creative, open layout, including a cozy living room, plush bedrooms, and an expansive outdoor area. Crafted with modern luxuries, the house contains secure doors, air-conditioning, and all the basic utilities. Furthermore, the home is situated in an ideal location, conveniently close to all the necessary services, such as supermarkets, pharmacies, restaurants, and much more. Make this remarkable property yours! Contact us now to schedule a tour and explore the ultimate house in Chiang Mai. Come, invest in this fine property and secure your future today.
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 Prominence Proud 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.