San Phak Wan, Hang Dong,Chiang Mai
Looking for a property that's ready to move in and ready to grow your investment?This brand-new, fully furnished pool villa might just be your perfect match! Property Highlights:
Location, Location, Location! Situated in Proud Kwang Wiang Village on Chiang Mai’s Third Ring Road (Chiang Mai-Hang Dong Road) – you're right in the heart of a fast-growing, highly desirable area:
Land size: 320 sqm (80 sqw)Living area: 190 sqm (Fully furnished with high-quality appliances – just bring your suitcase!)Transfer fees and taxes: 50/50 split
Private Pool
Terrace
Covered Parking
Balcony
24H Security
CCTV (Video Surveillance)
Car Parking
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 Proud Kwang Wiang 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.
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