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Are you in the market for an idyllic new home with a reasonable price tag? Look no further, the "The Prominence Proud" project in San Sai Noi, Chiang Mai is just what you're looking for. Nestled amidst bustling city life, lies an opportunity for serenity and modern convenience, fit for anyone's dream home.At a base price of 6,280,000 Baht (฿29,074/SqM), this house sits on 216 square metres and offers three bedrooms and two bathrooms. The construction process will only take six months after purchase, complete with modern amenities and a luxury finish. Its location gives one access to the best medical facilities, international schools, entertainment, and a number of outdoor activities.Take a stroll through the well-manicured gardens or have a picnic at the nearby park. Get some rest in the peaceful square or just explore the nearby city streets. And if you're ever in need of some entertainment, the sophisticated streets of San Sai Noi are only minutes away.Aside from modern convenience and luxury, this house will provide one with the most amazing vistas of the city. Imagine waking up to breathtaking sunrises and amazing night views.Take advantage of this once in a lifetime opportunity. After all, your dream home awaits. Make sure to enquire about "The Prominence Proud" project in San Sai Noi, Chiang Mai and secure this dream home before it slips away.
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.
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