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Are you dreaming of the 'good life' in a scenic Thai province? Look no further than The Sanctum Chiang Mai – a luxurious residential project overlooking Nong Khwai, Chiang Mai.This charming 3 bedroom, 3 bathroom villa offers ideal country-living in a tranquil setting. A desirable 361.91 sqm across two stories, you'll be able to enjoy a peaceful, outdoor lifestyle amidst the lush greenery that surrounds.The home is contemporary and bright; an open-plan living area leads onto a spacious deck leading to a relaxed pool area. Expansive wooden ceiling beams and floor to ceiling windows give an airy, relaxed feel.The stylish modern kitchen features a breakfast bar, granite countertops and top appliances, making entertaining a breeze. Each bedroom is individually decorated; the bathrooms and en-suites feature impressive fixtures and marble finishes.With an unbeatable offer of just ฿47,000,000, or ฿129,867 per SqM, and completed in Dec 2019: there has never been a better time to call this idyllic villa yours.Delve into the luxury and serenity of The Sanctum Chiang Mai – the perfect home for you. Contact us today for further information!
Foreign nationals can own the building (villa) 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 The Sanctum Chiang Mai 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.