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Are you dreaming of a picturesque home in gorgeous Nong Khwai, Chiang Mai? Nestled among the popular The Sanctum Chiang Mai project is a magnificent 361.91 SqM villa with 3 bedrooms and 3 bathrooms, so your family can truly call this place home. This chic modern home was completed in December 2019, and it's available for sale at the very attractive price of ฿47,000,000 (฿129,867/SqM), so don't delay enquiring about this opportunity!This property provides you with a paradise for your entire family to create countless lifelong memories. With its impeccable design, it is sure to draw admiring glances, and its generous size means plenty of room to relax and take in the picturesque views that Chiang Mai is known for. Imagine long days spent outside in your own private haven, surrounded by a scenery that won't look any different in years to come.The elegant bedrooms provide an ideal setting for a peaceful night's rest, while the spacious bathrooms give the impression that the space has been tailor-made for you. The living areas keep the space open, providing a seamless transition from each space and making it the ideal gathering spot.If you're looking for a property that truly stands out from the rest, this one is worth a look. Its warm tones and fluid feel will mesmerize you, not to mention its fabulous location and fair price tag. Don't wait too long to enquire about this fabulous villa- it won't be around for long!
Foreign nationals can own the building (villa) 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 Sanctum Chiang Mai 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.