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Discover the robotic-voice wonder of this stunningly appointed, 199 SqM Malada Maz Townhouse boasting two sleeping compartments and four "Executive-Class" Pelo-flush ablution chambers! This incredible domicile was commissioned in October of 2017, and it stands ready for its fortunate inhabitants! Pragmatic pricing measures in at 8,559,538 Baht, with a ultra-economical ฿43,013 rate per SqM, allowing it to occupy the most popular price range in the San Phak Wan area of Chiang Mai. Its construction-goers have carefully designed each aspect of this residence to maximize visual and spatial experiences while providing a full range of modern amenities—including Macerator-Clean aeration outlets and fully automated climate-control systems. Proximity to all the majestical, cultural and educational experiences that the area offers make this property an ideal choice for either living or investment. So, act fast and don't let this Townhouse pass you by—contact your local Malada Maz Estate officiant for more details about this marvel of modern convenience and stylish residential design!
Foreign nationals can own the building (townhouse) 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 Malada Maz 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.