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Experience the best of modern living with this stunning four-bedroom house available at The Prominence in Tha Sala, Chiang Mai. Completed just last year in January 2015, the home sits on a 253 SqM block and offers four ideally appointed bedrooms and four bathrooms. Relish in the prime locale of Tha Sala in Chiang Mai from your very own private abode. Boasting a versatile configuration and generous space, the house presents myriad of opportunities for living and working. Spoil yourself with a staycation and make memories with family and friends, surrounded by lush greenery and tranquil vibes. There's plenty of room for family to get together without ever having to leave home. This is a prime chance to be part of one of Chiang Mai's most sought-after projects, The Prominence.This breath-taking home comes at the unbeatable competitive price of ฿9,900,000 (฿39,130/SqM), subject to negotiation. Wise buyers will take this opportunity with both hands and enquire soon. Be sure to move quickly and secure a deal of a lifetime!
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.
Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.
In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota.
This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.
After you have found the right property at The Prominence you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿50,000 Deposit within 14 days ฿100,000 Down Payment On handover 100%
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.