Land for sale, 14 Rai on Superhighway ChiangMai-Lamphun Road or Highway no.11 in Saraphi area ฿168,000,000/14 Rai (1 Rai/12,000,000 baht)

Land for sale, 14 Rai on Superhighway ChiangMai-Lamphun Road or Highway no.11 in Saraphi area, outbound from Chiang Mai city to Lamphun industrial estate. Beautiful land shape before the PTT gas station Saraphi branch 

With a total area of 14 Rai (1 Rai/12,000,000 baht)

This plot of land is located in Saraphi Subdistrict, Saraphi District, Chiang Mai Province. The land area is suitable for business such as warehouses or distribution centers. Convenient and easy to logistic and the supply chain business or showroom or electric car charging station together with  restaurants, cafes, souvenir shops from Chiang Mai or even bought to be invested in the medium term to wait for government projects such as the new airport project. Chiang Mai - Lamphun etc.

Land landmarks Travel from Don Jun Intersection or Big C Don Jun in Chiang Mai to follow the Super Highway. Chiang Mai - Lamphun - Lampang about 10 kilometers or 11 minutes (data from Google Map) or from the Lanna agricultural industry factory for about 50 meters, or the land will be before the PTT gas station.

The land area is surrounded by warehouses, factories, large building materials stores, petrol stations, car showroom, international schools such as America, China and Germany etc.

This plot of land has 4 title deed plots consisting of a square rash cloth. (As shown in the illustration) The width of the road is approximately 80 meters.

Utilities: Can request electricity, water supply, internet not wanted

Land use requirements: The land is in the yellow area. Type of business. Can build a warehouse or gas station.

Highlight of the property

1. Not far from the train station and/or airport, very easy and convenient for transportation  because it is on the super highway and not far from the outer ring road and the central ring road and not far from Lamphun town

2. The land is on the Superhighway, Line 11, Rural road. Good location, suitable for a variety of business types.

Landmark Vicinity: Close to international schools such as Chongfah Sinseung Wanish Bamrung School, American APIS International School, ABS International, American China International School, PTT, Large Building Materials Store, View Home, Thai Building Materials Chiang Mai, Boonthavon, Chiang Mai

Land Title Deed: Chanot (Number 1)
Electricity: Yes
Water supplier : Yes

Tenures (Title Deeds): Chanote ( Number 1) or Nor Sor 4 Jor
Electricity: Yes
Water supplier : Yes
Color Chart Control Construction: Yellow
The construction distance from the ground along the beam: xx m.
Types of buidings that are allowed to be build: Commercial Building, House, Town home
Size limitation for building construction without requesting EIA: x,000 Sq.m 

This Property for sale is in area of Chiang Mai Map Zone 47: Saraphe ChiangMai & Lamphun

@ K.C. METAL SHEET PUBLIC CO.,LTD
@ PTT GAS station Saraphe
@ Be beyond café
@ GASSAN MARINA 
@ Baan Tonson Arhanboran Tomnamae”
@ Lanna ago factory
@ kanom Banarjarn
@ TongThip Thai Restaurant 

Please let me know if We can do more to support this, feel free to tell us or welcome to our office inside Promenada Shopping Mall  'Realtorchiangmaioffice'  Building A ( Ground floor LG30 & Garden Zone  between Building A to Building B) 

By Paul&Esther Real Estate Co.,Ltd 
@ International Realtors Association (USA) REALTORS
@ IEA InstituteI of Estate Agents, Singapore Mr.Paul (MR.Bhumarin Chuenchai) / M’ship No: L00035 Certified Course in Marketing of Foreign Properties  (CCMFP; Thailand, Singapore, Malaysia, Indonesia, Philippine, Japan, China, Australia, New Zealand, India and United Kingdom)
@ Thailand RESAM ( Thai Real Estate Sales and Marketing Association)

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Metric System - Land Measurement

The Metric System was adopted 1923 BUT old Thai units of measurements are still commonly used "Talang", "Wah" and "Rai" are most commonly used.Talang means square. 1 Talang equals 1 square meter. Converting units of measurements like "Rai" and "Wah" can be quite complex may create legal issues.  Caution-know what you are buying based on Thai units of measurements.

THE MEASUREMENTS USING FOR LAND IN THAILAND
In Thailand, Land is measured in Rai, Ngan and Sq.Wah.
1 Rai = 4 Ngan or 1600 Sq.m.
1 Ngan = 100 Sq.Wah  or 400 Sq.m. or 4,304 Sq.ft.
1 Sq.Wah = 4 Sq.m. or 40 Sq.ft
1 Acre = 2.53 Rai  or 43,535 Sq.ft
1 Hectare = 6.25 Rai 
Land prices are usually expressed in Baht per Rai or Baht per Sq.Wah. 

Tenures (Title Deeds) : Chanote Or Nor Sor 4 Jor is most credible.Highest land Title - grants full rights over the property.Properties surveyed in accordance to national survey grid and properly marked.

House Book (Tabien Bahn)
A Ta.Bian.Baan or Tabien Bahn (house book), issued by the Thai government via their local municipality. It links a person having their domicile to an address and is Not proof of Ownership of Properties.
Two (2) types of Tabien Bahn: Blue book (Thor.Ror.14) for Thais; Yellow book (Thor.Ror.13) for Foreigners.

Foreign Ownership of Real Estate
Thailand Land Code, Sect 95, Foreign investors bringing in or investing THB 40 million (USD1 million) into Thailand can acquire land with a freehold title (not coastal property) for personal use, not exceeding *1 Rai (1,600 sq.m.) to be approved by the Minister.
Condition:
(1) Type of business which foreigners invest that will economically and socially benefits the country or which is declared by the Board of Investment as eligible for the application of the investment promotion under the law thereon.
(2) The period of maintaining the investment shall not be less than three (3) yeas.
(3) The land that the foreigners may acquire shall be within the locality of Bangkok Metropolitan Administration, the City of Pattaya, Municipality, or the zone designated to be the residential area under the law on city planning.

Freehold Ownership
If you are buying a Freehold title property, you will need to form a Company. You can be a Director of the company that holds the title to the property with complete control. When a foreign national has invested (USD$1 million) in stocks, securities, or companies, and has Board of Investment (BOI) approval, the BOI may recommend that the foreign national be permitted to hold a freehold title not exceeding an area of 1,600 sq.m.

Leasehold Ownership
Buying a Leasehold property means that you are getting a 30 Years Lease but in practice, Leaseholds can be obtained for a 60 year period using the “30+30” mechanism, whereby a 30-years lease is agreed between the freehold title holder and the lessee, that includes a legally binding extension contract for further 30-year period.
Except under special circumstances, foreigners or foreign juristic entities may not own land and are limited to ownership of 49% of condominium units as defined by the Condominium Act of 1999.

Other Types of Properties (less popular)
Any Lease or Tenancy exceeding 3 years must be in writing and recorded on the land ownership title deed. 
Any lease or tenancy longer than *3years must be registered with the Provincial Land Department, otherwise it cannot have any legal Effect.

Leasehold Period & Extension
Though Leasehold Tenure is generally 30+30, there are also Leasehold Tenure of 75 and 103 years.
For Example:
Mahanakorn Ritz Carlton initially sold their units with 103 years’ Leasehold. A year later, the Developer purchases the Freehold land. They the Developer decided to sell the units as freehold land. Buyers who had previously bought units under have them converted to Freehold by topping up a certain percentage of money.

Transfer of Property (from Developer)
For Developers’ Purchases for uncompleted projects, transfer takes place only upon completion of development.
Developers’ Properties that are already completed, transfer can take place once payments are settled.
Should there be remaining balance of the purchases price, it can be paid on the day of transfer at the Land Office.
For Resale properties, transfers can be effected at the Land Department, once both Buyers & Sellers had agreed to the terms and payments.

Transfer of Property
Taxes And Transfer Fees
Generally, Buyer pays for the Transfer fee and Seller pays for the Stamp Duty and Taxes.
Both Buyer and Seller may negotiate privately how the transfer fees. Stamp duty and taxes are to be settled and paid at the Land Office.
Both Buyer and Seller may also agree that the transfer fees, stamp duty and taxes be added on to the Purchase price.

Property Purchase Processes
Under Construction Projects
5% Booking Fee.
25% Sales & Purchase Agreement or Sales Contract – (21 days)
70% Project Completed & Transfer (18-24 months)
Completed Projects
5% Booking Fee.
25% Sales & Purchase Agreement or Sales Contract – (21 days)
70% Transfer once full payment is made.

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How to inspect land through Paul&Esther Real Estate?
1. Due diligence on the property.
1.1 Check the property title, tenure, location, features and amenities.
1.2 Ascertain the details and specifications of the property, and get a better knowledge and understanding of the property and its surroundings by visiting the site.
1.3 If engaging third parties to do due diligence, ensure that the third parties are qualified to perform due diligence.
2. Due diligence on claims
The Conduct due diligence checks on claims related to the property