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Urgent 2-Story House at the Price of a Single-Story Home. All transfer fees at the land office split 50/50. This newly renovated, move-in-ready home is located near Maejo University. Special price valid this month only! Located in Nantana Thanee Village, directly across from Maejo University. The neighborhood is safe, with a great community environment. Property Details: Address: 411/249, Soi 5 Orientation: South-facing 3 Bedrooms, 2 Bathrooms (the ground floor has space for an additional room) Indoor and outdoor kitchens Spacious storage room Parking for up to 3 cars Land area: 54 square wah Usable area: 140 square meters Common fees: 600 THB/month The house is over 20 years old but was built with durable, reinforced foundations (piled construction). The structure remained crack-free even during the previous earthquake, showcasing its strength and stability. Renovation Highlights: Fully renovated to feel like new New sanitary fixtures and bathtub 100% clean title and impeccable ownership history Community Features: Public park Managed by a professional juristic team 24-hour security guards CCTV throughout the project Nearby Amenities: Maejo University: 1.4 km (2 minutes) Sansai Hospital: 5 km (8 minutes) Pa Muad Market: 7 km (10 minutes) Ruang Choke Intersection / Lotus Ruang Choke: 9 km (12 minutes) Central Chiang Mai: 11 km (15 minutes)
Foreign nationals can own the building (house) 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 Moo Baan Nanthra Thani 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.