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Introducing The Sanctum Chiang Mai – the perfect place to find a villa and create your own paradise. A private, secure community on a hill overlooking Nong Khwai in Chiang Mai province, these high-end villas provide a luxurious tropical lifestyle with all the comforts of home. This 3-bedroom, 3-bathroom villa stands out for its impressive 361.91 SqM of prime real estate. Completed as part of The Sanctum Chiang Mai project in December 2019, the property is on the market for just ฿47,000,000. That comes out to an unbeatable ฿129,867/SqM!The home boasts high ceilings, bright natural light, and gleaming marble and wood finishes. The living room opens up to a lush backyard garden and pool, perfect for entertaining your family and friends. The spacious balconies off each bedroom add comfortable outdoor seating in the fresh air and capture beautiful mountain views. If you're looking for a high-end lifestyle without sacrificing convenience, this villa is worth a look. Take the first step towards your dream home by enquire on this property today!
Foreign nationals can own the building (villa) 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 The Sanctum Chiang Mai 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.