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For sale: House by the Ping River, with an 80-meter river frontage, beautiful river bend and mountain views, Lanna style, decorated with golden teak wood, San Phi Suea Subdistrict, Mueang District, Chiang Mai.
Large main house: 3 bedrooms, 3 bathrooms.
Small house (maid/gardener): 3 bedrooms, 2 bathrooms.
Land size: 2 rai, 2 ngan, 68 sq wa (plus 112 sq wa of additional land).
Total: 2 rai, 3 ngan, 80 sq wa."
Here's a breakdown of some of the Thai land measurements for those unfamiliar:
Rai: A unit of land area equal to 1,600 square meters.
Ngan: A unit of land area equal to 400 square meters (1/4 of a rai).
Sq wa: A unit of land area equal to 4 square meters.
Foreign nationals can own the building (villa) 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.