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House for Rent: Malada Maze - Hang Dong. Usable Area: 148 sq.m.Land Size: 28 sq.wahFully Furnished – Move in ready! 3 Bedrooms, 3 BathroomsParking for 2 CarsIncluded Furniture and Appliances:4 Air Conditioners 2 Water HeatersLiving Room SetDining TableTVRefrigeratorMicrowaveGas StoveWashing Machine Village Amenities:Swimming PoolFitness CenterNearby Locations: Kad Farang – 2 kmBig C Hang Dong – 3.9 kmChiang Mai International Airport – 8 kmFlood-Free Zone Perfect home for comfortable living!
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.