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This is a great opportunity to get your hands on a brand new home that's big on style but gentle on the wallet! At 134SqM, this 3 bedroom, 2 bathroom house is the perfect size for a small family or even a single individual. It's part of the awesome The Prominence Proud project in San Sai Noi, Chiang Mai. Construction on this home won't even take that long – the house will be ready for you in 6 months or less!Plus, at the budget-friendly price of ฿5,810,000 (or ฿43,358/SqM), you get all the amenities of a modern home – and with a home warranty in place, you can rest easy knowing that your investment is protected.If you're fed up with spending time, effort and money maintaining an old house, this is your chance to get your hands on an up-to-date, quality-crafted property – quickly and at an unbeatable price! Don't wait – enquire today!
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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