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A beautiful land of almost 3 rais just 10 minutes from City Centre, a compound of 60's-style-house with indoor swimming pool, another newer house and a small cottage. All houses need some renovation. Big trees and fish pond. Situated peacefully in the vibrant artistic community area behind Rampoeng Temple, near Chiang Mai University. Area : 1,125 sq.wa.
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 in their own name. The options for a foreigner to make use of the land are via a long-term lease or by investing in a Thai company that owns the land.