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This property is a 240 SqM house with 3 bedrooms, 3 bathrooms, 1 utility room plus an external maid's room with its own bathroom. It is part of the World Club Land project in Nong Khwai, Chiang Mai. This house for sale is 2 Storeys, approximately 60 Sq Wa (240 SqM), near to Chiang Mai Airport. Located in the securely gated World Club Land it is close to the following amenities: 1. Schools: Meritton British International School, Lanna International Schools (both primary & secondary campuses), Panyaden International School, Sarasa Witaed Lanna School 2. Supermarkets & Malls: Big-C, Makro, Lotus, Rimping, Central Airport Department Store The house is partially furnished with air-con in every room, the ground floor utility room can be used as a fourth bedroom, the external maid's room with its own bathroom can be used as a storage room and there is parking space for 2 vehicles.
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 World Club Land 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.