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Greetings real estate adventurers! Are you in the market for a lux townhouse resting in the heart of San Phak Wan, Chiang Mai? Then this property, beloved by locals and luxury-seekers alike, could be the prime site for your next opportunity. This163 SqM plot is absolutely ideal for those wishing for more than the average domicile. Calling all trendsetters, trend-followers, luxury-lovers and adventurers! Available for the base price of ฿6,650,570 (฿40,801/SqM), this 3 bedroom, 3 bathroom townhouse is positively abuzz with energy and features which could be yours for the taking! It's part of the much-talked about Malada Maz project which was completed in October 2017. In this property, you get to immerse yourself in the most serene surroundings with all the convenience of modern living. With its spacious living room, enticingly large bedrooms, and fully-fitted kitchen, you can sit back and relax in your charming abode. Do you have hobbies? We've got you covered with plenty of venues within easy reach, so celebrate those off-hours and soak in some much-needed entertainment. Or alternatively, why not invite over your guests and explore the foodie scene nearby?Whether you want to draw people to your outdoor area and revel in the nearby greens or you want to take a jaunt and take your pick of nearby markets, this property has it all. Not to mention the roadside convenience such as shops, international schools and parks. So don't let this one slip away! Call us now to enquire about this one of a kind property!
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.