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Tucked away in a quiet, leafy corner of Chiang Mai lies the enchanting The Laguna Home project. With its resplendent architecture and exquisitely manicured surroundings, it's no wonder that the estate has been fully embraced by its residents and rightly so!Nestled within this idyllic setting is a splendid 292 SqM property with three bedrooms and three bathrooms, just waiting for the next lucky recipient. Boasting a gentle, neutral palette that complements the estate's glowing beauty, the house rises serenely from its surroundings and beckons those with a discerning eye for style to take it for their own.Completely finished in October 2008, this residence has been crafted from the highest quality materials of its time and boasts design cues within and without that are nothing short of spectacular. Space is abundant, giving purchasers the freedom to express their individuality and shape this delightful home exactly to their tastes.At a price of 6,990,000 THB (approx. 23,938 THB per SqM), this property is a rare opportunity to poise yourself in one of Chiang Mai's most coveted locations and gain access to the rich offerings of this lively neighbourhood. Now is the time to enquire and embrace the lifestyle you deserve.
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 Laguna Home 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.