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Welcome to The Grand Park project in San Phranet, Chiang Mai! This property is a perfect investment opportunity for anyone looking for a new house to buy.The house is set over 217 Square Meters, perfect for those looking for a bit more space than the standard house. You will be able to soon enjoy 4 bedrooms and 3 bathrooms throughout the house.You'll rest easy knowing that the property is being developed under modern building and safety standards, and all it takes is 12 months of purchase to have this beautiful house built to your specifications.It's time to get what you deserve, and at a base price of ฿6,670,000 (฿30,737/SqM) this is a golden opportunity that won't last long. Make sure to enquire on this property and don't miss out on a chance to have your own dream home!
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.
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 The Grand Park you have to follow these steps: