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This rare opportunity to own a 3-bedroomed, 3-bathroomed townhouse as part of the remarkable Malada Maz project in San Phak Wan, Chiang Mai, should not be missed! The high-end townhouse was recently completed in 2017, built with top-tier materials and expertise. This glorious property measures an expansive 163 SqM across two floors with an abundance of perks and exclusive amenities.Once inside, the living area and kitchen make up the main floor and are adorned with beautiful neutral tones and an airy, welcoming feel. Featuring an open plan layout and plenty of inviting spaces for entertaining family and guests, you'll have everything you need right here.As you wind down each day, ascend to the second floor where you'll find the generously-sized bedrooms that are framed with eye-catching views. All residing in a serene, peaceful atmosphere, every occupant has their own private bathroom equipped with modern furnishings and accessories. The bedrooms are wired with internet points, giving you a world of possibilities at your fingertips.As part of the Malada Maz project, you'll have the added advantage of having top-notch communal features on offer, including several swimming pools, landscaped garden areas and borderless security. This means you'll never have to worry about the cleanliness and aesthetics of the neighbourhood.For a price that starts from ฿5,414,9 41 (or ฿33,220/SqM) this is a golden chance to make an enviable property investment. Secure your viewing today as this top-of-the-range townhouse won't be on the market for long!
Foreign nationals can own the building (townhouse) 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 Malada Maz 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.