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So you wanna buy a house, huh? Well let me tell ya, you won't find anything better than this fabulous four bedroom, three bathroom pad in Burasiri San Phi Suea! This property became available to buy at the tail end of 2017, and it's really something else. Clocking in at a huge 190 SqM, you get a lot of bang for your buck. It's set in a stunning location in San Phisuea, Chiang Mai - you'll have to see it to believe it. The good news? You don't have to break the bank. This beauty is going for a base price of ฿12,000,000 (฿63,158/SqM). Trust me, that's a steal given its size and location. So why wait? Get down to San Phisuea and take a tour - you won't be disappointed! You'll be glad you came and throw in an offer. Heck, it's the perfect pad for starting out, a growing family, or anyone looking for a little slice of paradise. You don't want to leave this offer hanging!
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 Burasiri San Phi Suea 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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