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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.
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:
After you have found the right property at Richy Rich Land you have to follow these steps:
Richy Rich Land is located 6.0 km away from million profit Chiang Mai (million profit) and it can be reached within 8 mins by car.
There are many other shops situated in the area of Richy Rich Land, the 3 closest being:
- Kaew Saen Duang Ice Factory is 1.6 km away (an approx. drive of 3 mins.)
- National Sound Car Audio is 8.5 km away (an approx. drive of 11 mins.)
- Kangaroo Jiu Package is 4.1 km away (an approx. drive of 5 mins.)
The surrounding area, where Richy Rich Land is situated, offers a wide variety of restaurants. See the closest of them below:
- Mala Station is 5.9 km away (approx. 8 mins. by car)
- Fried Meatballs Sunny is 5.9 km away (approx. 8 mins. by car)
- Porridge Yod Laem, Nakhon Pathom, the old one is 5.9 km away (approx. 8 mins. by car)
Telemedicine Network Foundation. is the nearest health facility, which is 3.4 km away (you can drive there in 4 mins.) from the project, while the closest schools in the proximity of Richy Rich Land are:
- Tonkla School, Chiang Mai is 910 m away (about 11 mins. by foot)
- Sirawit School is 8.6 km away (an approx. drive of 11 mins.)
- Napha Khrittian School is 6.6 km away (an approx. drive of 10 mins.)
Chiang Mai International Airport is located 17.8 km from Richy Rich Land and it takes about 28 mins. by car or taxi (depending on the traffic) to get there.