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This three-bedroom, three-bathroom home is an excellent opportunity for those seeking to purchase a brand-new property. Located within the luxurious confines of The Prominence Proud project, in San Sai Noi, Chiang Mai, buyers can acquire a 166 square meter home that will be built within six months of the purchase.The floor plan offers ample space for multiple occupants. Three bedrooms and three bathrooms occupy the interior. Each room is large and allows for creative design opportunities. This property offers a sleek modern design providing you with a spacious and inviting home.At a base price of ฿5,000,000 (฿30,120/SqM), this property offers a competitive market value that makes it extremely competitive in its price range. Buyers will also receive a range of benefits, including access to all the amenities of the The Prominence Proud project. This includes 24-hour security, elevators and other services.Designed with an eye for modern elegance and luxury, this property offers a unique lifestyle to its occupants. With its contemporary design and premium amenities, this home is sure to be a tremendous asset for the owner and their family for years to come. With a price point and design tailored for the discerning buyer, this is an opportunity not to be missed.
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 Proud 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.