Land for sale on Ring Road and Chiang Mai Highway Doi Saket, line 118, Chiang Mai, Thailand Call for price

6 rai of land for sale than in the business area and high building area Land next to a large intersection between the 700-year-old ring road intersects with Chiang Mai Doi Saket highway, line 118, near Central Festival Chiang Mai.

Land suitable for business Almost all types, orange layout, number 3.9, built 23 meters high, in a very dense traffic area because it is a way through two main roads of Chiang Mai, in the business district that built tall buildings and not far from Chiang Mai airport.

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: Orange  3.9
The construction distance from the ground along the beam: 23 m.
Types of buidings that are allowed to be build: Commercial Building, House, Town home

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.

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.

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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

This Property for sale is in area of Chiang Mai Map Zone 35: San Phranet & Ban Morn

@ Tesco Lotus Express 
@ Payap University International 
@ M Sport Complex & Drive Golf 
@ Khun Baan Suan Restaurant
@ Him Baan Suan Restaurant
@ Samsan Villa life Restaurant 
@ 59 Samurai Japanese 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)