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The Sanctum Chiang Mai, a project of renowned distinction within the district of Nong Khwai, Chiang Mai, provides a grand opportunity to acquire an esteemed villa of 362 SqM. This palatial abode, adorned with 3 bedrooms, 3 bathrooms is the perfect picture of opulence and sophistication. Completed in December of 2019, the villa presents all the features of a contemporary home with modern amenities and community-centric luxuries.A luxurious getaway awaits with this tasteful villa, showcasing the finest of luxuries. Its verdant garden provides the perfect outdoor escape for leisure, laid with a blaze of color from the vibrant floral arrangements. Invite guests to take pleasure in your grandiose architecture, from its stylish and regal balconies, to the sublime interior atmosphere.Be immerses in the sound of the wilderness, from the nearby forest, yet have easy access to a vibrant city, with the sanctum being only a ten minute drive away from the iconic Nimmanhaemin Road. Access to educational, healthcare and business facilities is never a worry when you are this close to the heart of Chiang Mai.At an esteemed base price of ฿47,000,000 (฿129,867/SqM), this property offers great value for an exquisite and grandiose abode. Enquire now to take full advantage of this coveted opportunity.
Foreign nationals can own the building (villa) 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 Sanctum Chiang Mai 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.