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Experience the best of modern living with this stunning four-bedroom house available at The Prominence in Tha Sala, Chiang Mai. Completed just last year in January 2015, the home sits on a 253 SqM block and offers four ideally appointed bedrooms and four bathrooms. Relish in the prime locale of Tha Sala in Chiang Mai from your very own private abode. Boasting a versatile configuration and generous space, the house presents myriad of opportunities for living and working. Spoil yourself with a staycation and make memories with family and friends, surrounded by lush greenery and tranquil vibes. There's plenty of room for family to get together without ever having to leave home. This is a prime chance to be part of one of Chiang Mai's most sought-after projects, The Prominence.This breath-taking home comes at the unbeatable competitive price of ฿9,900,000 (฿39,130/SqM), subject to negotiation. Wise buyers will take this opportunity with both hands and enquire soon. Be sure to move quickly and secure a deal of a lifetime!
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 Prominence 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.