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Some say diamonds are forever, but a luxury house in the Pong Yang Vingt project of Pong Yaeng, Chiang Mai- now that lasts you a lifetime! High-end living and exquisite style combine to create a truly beautiful 3-bedroom house with 3 bathrooms, totaling 465 SqM of magnificence. Completed in January of 2019, it makes for an ideal dream home to welcome your family and beloved friends! This opulent home offers nothing less than an experience of best-in-class luxury, allowing you to carry out your day-to-day activities with true comfort and ease. From the first time you step in, its cosy yet sophisticated atmosphere will make you feel both at home and in paradise. With several balconies that overlook splendid surroundings, you can take a breath of fresh air and be in tranquility amongst a gentle mountain setting.The asking price for this royal abode is ฿29,100,000 (just ฿62,581 per SqM!), making it an incredible yet affordable solution for your modern lifestyle. Along with its prime location near a plethora of everyday utilities, it's hard to find a similar home so well equipped. So don't hesitate—enquire today and see this one-of-a-kind place that you and your family can call "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.
After you have found the right property at Pong Yang Vingt 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.
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