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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 Monotown Faham 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.
Monotown Faham is conveniently located just 750 m from 7-Eleven, which can be reached within 9 mins. by foot.
There are many other shops situated in the area of Monotown Faham, the 3 closest being:
- Chang app store is 510 m away (about 6 mins. by foot)
- Air shop is 1.8 km away (an approx. drive of 4 mins.)
- DPO Chiang Mai is 1.7 km away (an approx. drive of 4 mins.)
The surrounding area, where Monotown Faham is situated, offers a wide variety of restaurants. See the closest of them below:
- Nubdao Café & Swimming Pool is 320 m away (a walk of about 4 mins.)
- Wang Sing Kham Soy Milk, Branch 2 is 270 m away (a walk of about 3 mins.)
- kasoku cafe is 330 m away (a walk of about 4 mins.)
Aree Thai Traditional Medicine Clinic is the nearest health facility, which is 1.0 km away (you can drive there in 3 mins.) from the project, while the closest schools in the proximity of Monotown Faham are:
- Fah Ham football field is 70 m away (about 1 min. by foot)
- Kru Chan is 820 m away (about 10 mins. by foot)
- Fah Ham Child Development Center is 600 m away (about 7 mins. by foot)
Chiang Mai International Airport is located 9.9 km from Monotown Faham and it takes about 22 mins. by car or taxi (depending on the traffic) to get there.