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Make the most of this remarkable opportunity to own a 4 bedroom, 5 bathroom property in The Esteem at Ton Pao, Chiang Mai. Completed in December 2015, this 301 SqM house is the ultimate blend of modern luxury and traditional comfort.This property is conveniently located in Ton Pao, Chiang Mai and is an ideal choice for those looking for a peaceful lifestyle retreat. With plenty of shops, restaurants, and other amenities all within easy reach, you'll be able to enjoy all the daily conveniences of city life.This modern, airy, and bright property is a great opportunity for anyone looking for a quality residence. It's price of ฿8,500,000 (฿28,239/SqM) is truly excellent value. It's full of character and potential.Come and explore this unique property, and experience firsthand all its features. This property is an ideal choice that you won't want to miss. Enquire today and take the first step to home ownership.
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 Esteem 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.