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This twinhome is located near the Kongsai intersection, just 400 meters from the Chiang Mai 3Rd Outer Ring Road, between Tann Yang and Hang Dong. It offers convenient access via the Superhighway to both the airport and downtown Chiang Mai, ensuring swift travel times. The property starts at 39 square wah (approximately 156 square meters) with a spacious living area of 130 square meters. The twinhome features 3 bedrooms, 3 bathrooms, and parking for 2 cars. Pricing starts at 2.49 million baht, inclusive of free transfer fees. The village road within the community is 8 meters wide, and the property is ready for immediate occupancy.
Foreign nationals can own the building (townhouse) 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 Baan Penmanee 6 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.