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3-story townhouseBedrooms on the 2nd and 3rd floors with a view of Doi Suthep Land area: 26 square wah,Usable area: 200 square meters 4 bedrooms, 5 bathrooms1 kitchen, parking for 2 cars Included:
4.2 km from the airport, 2.5 km from Central Airport, Maharaj Nakorn Chiang Mai Hospital 4.9 km"
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.
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:
After you have found the right property at Mahidol Townhome you have to follow these steps: