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This property stands as an unsurpassed offering within the The Prominence Proud development in San Sai Noi of Chiang Mai. It provides prospective purchasers the occasion to acquire an impeccably crafted 166 SqM home comprising of three bedrooms and three bathrooms, for a base price of 5,000,000 baht, translating to approximately 30,120 baht/SqM.Boasting superior quality construction and dynamic architecture, each facet of this house has been designed with great attention to detail to deliver a truly luxurious and enjoyable living experience. Spacious interior areas that are appointed with high-grade fixtures and furnishings allow residents of this property to relish the modern lifestyle that is a staple within The Prominence Proud - with a timeline that sees the house constructed within six months of the closing date.As part of an exclusive development within an already thriving area, buying this property presents an immense opportunity to acquire an incredibly stylish and comfortable home at an impressively competitive price. We highly recommend considering this remarkable purchase to enquirers who are searching for a move-in ready house. To discuss this particular offering in greater detail, we urge all prospective purchasers to contact us at their very earliest convenience for a personal viewing.
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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