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Land with Buildings for Sale: Teakwood Houses Ideal for Resort Development Brokerage Welcome (3% commission). Quick sale earns additional incentives. Location: Khun Khong Subdistrict, Hang Dong District, Chiang Mai Area: 2 Rai 2 Ngan 57 Sq.wah (Approx. 4,028 Sq.m) Red Garuda Land Title Deed Details: 1. Villa 1 (3 Bedrooms, Kitchen, Living Room) 2. Villa 2 (4 Bedrooms with En-suite Bathrooms, 2 Central Kitchens) 3. Villa 3 (6 Bedrooms with En-suite Bathrooms) 4. 4 Bungalows 5. Swimming Pool 6. Meeting Room Nearby Locations: Chiang Mai International Airport 20 minutes Ban Tawai Kad Farang Village/Rimping Supermarket/Premium Outlet Satit Rangsit International School
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 in their own name. The options for a foreigner to make use of the land are via a long-term lease or by investing in a Thai company that owns the land.