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Mod Chic is a villa development located in Nong Kwai, Chiang Mai, Thailand. It is 14.1km from the city center with 300 villa units, to be built within 9 months of purchase. It features a swimming pool, a fitness center, a clubhouse, 24-hour security, CCTV, car parking, a sauna.
When it comes to location, Mod Chic will impress you with unique surrounding of mountainous panoramic scenery. Relax with verdant landscape and fresh air when entering the project. The nature’s beauty at Mod Chic is closely located to the city center and essential facilities, such as Central Airport Plaza Chiang Mai, Tesco Lotus, Big C, Macro, airport, Maharat hospital, Chiang Mai University, Grace International School, American Pacific International School, etc.
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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 Mod Chic 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.