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It is a stunning property in Chiang Mai, situated in green and beautiful Tha Wang Tan in Saraphi, just 20 mins from the international airport. The property is surrounded by a small canal and fruit orchards. It is ideal as an investment or for a dream home or boutique hotel. It would make a lovely 2nd home for a Bangkok resident or for someone in the UK/Europe looking for a wintering spot.
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.