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Perfect for living and investing alike, this 187 SqM townhouse in Malada Maz project is an outstanding opportunity for newcomers and established buyers alike to experience luxurious living in the vibrant San Phak Wan area of Chiang Mai.Designed by one of the city's acclaimed architects and completed in October 2017, this two-bedroom, three-bathroom townhouse offers undeniable sophistication and sophistication, boasting an expansive 187 SqM of sleek splendor throughout. Boasting its exceptional build quality, the property is complemented by hand-crafted fixtures, ample living space and an array of modern amenities certain to please any purchaser.Centrally located, the townhouse is moments away from a variety of local amenities, perfect for those seeking to appreciate the nearby culture and vibrant lifestyle. Here you will find top-notch restaurants, bustling markets, incredible views and public transport all easily accessible.This fantastic opportunity is available to you for the attractive base price of ฿7,485,225 (฿40,028/SqM). Offered with allocated parking and a range of exclusive amenities to make life easy and comfortable, this property is without a doubt an opportunity worth exploring.If you are seeking the perfect investment/home in San Phak Wan Chiang Mai, then this townhouse is a must-have. Boasting stylish modern design, comfortable living space, and an unbeatable location, this property could be the perfect opportunity for you to live in one of the city's most sought after neighborhoods. Enquire now and see the potential for yourself.
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.