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This enchanting three-bedroom townhouse is situated in the wonderful Malada Maz project in Chiang Mai. The property covers 163 sqm and was completed in October 2017. The property boasts a luxurious interior and has been finished to a high standard.The ground floor includes an inviting entrance that leads to the bright and airy open-plan kitchen/dining area. Adjacent is a wonderfully spacious living area. Completing the group are two thoughtfully sized bedrooms and modern bathrooms.Upstairs, you will find the third bedroom and bathroom as well as an en-suite balcony terrace providing breathtaking panoramic views of the city. The property also offers a private outdoor area ideal for informal gatherings.This home is perfect for those seeking a sanctuary in the city. With its elegantly designed spaces and excellent location, it is sure to be snapped up quickly. Don't miss the opportunity to own your dream home and contact us today to arrange a viewing. The property is available at a base price of ฿ 4,837,834 (฿ 29,680/sqm).
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.