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2-Story Detached Multi-Level House (Hang Dong) – Excellent Location, Corner Plot, Very Good Condition. Land Area: 120 sq.wah / 480 m2 Location: Convenient, near the entrance/exit of the village, just 500 meters from the village clubhouse Located in the Baan Rung Arun 3 project, Hang Dong, easily accessible via Highways 108 and 3035 3 Bedrooms / 3 Bathrooms Living room Multi level to kitchen Storage roomLarg garden Spacious lawn Large balcony off the master bedroom Ready to move in, fully furnished with furniture and appliances: Water tank, insect screens, iron bars, curtains, air conditioning in all bedrooms, water heaters in all bathrooms Nearby Amenities: Hang Dong Market: 1.4 km Hang Dong Hospital: 1.8 km Kad Farang/Premium Outlet: 2.8 km Big C Hang Dong 2: 3.5 km Rangsit Bilingual International School, Chiang Mai: 4.4 km Panyaden International School: 5 km Lanna International School: 7 km Chiang Mai International Airport: 15.6 km
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 Baan Rungaroon 3 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.