Land for sale 250 sq.w. in the heart of Chiang Mai Old Town, ฿120,000,000 ฿98,000,000/250 Sq.wa

Land for sale 250 sq.w. in the heart of Chiang Mai Old Town, one of the best locations in Chiang Mai Suitable for almost all types of businesses

4-sided shape of the land, very beautiful Overlooking the old ChiangMai City wall, good public transportation & buses run all the time. Convenient. There is a bazaar and 7-11 is not far from this plot of land.

Inside the land is an old house with buildings that the owner does not ask to sell Because it will be kept as a memorial by clearing the space to be clear deliver property within 30 days after the contract to buy and sell.

This plot of land can do a variety of businesses. Especially businesses that promote Lanna culture. The width of the land next to the main road is about 25 meters. Approximately 40 meters deep, the development land is shady with large trees and ornamental plants around the area.

The owner wants to sell 120 million, but if really interested, can negotiate with the price level that comes to mind and ready to accept all the conditions of the offer or enter into negotiations.

Special : In the center of tourist attractions
Land Title Deed : Chanot ( Number 1)
Electricity : Yes
Publish Road : Yes

This Property for sale is in area of  Chiangmai Map Zone1: Chiangmai Old City 

@ Sunday Night Walking Street Market  Chiangmai
@ 200 temples (inside the Chiangmai Old town)
@ Culture Museums Network of Chiangmai
@ Cafe De Museum
@ Nong Buak Hard Public Park  Chiangmai ( Buak Hat Park)
@ Statue of the three kings Chiangmai

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.

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. 

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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How to inspect land through us?
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

Foreign Ownership of Real Estate

Foreigner can purchase condominiums or apartments without exceeding quota of 49% of foreign ownership.

Funds must be brought in externally for property purchases.

A *Tor Thor 3 or Tor Thor Sam document or a Foreign Exchange Transaction Form from a Thai bank is requires as proof of funds being transferred externally for property purchases by foreigners.

* Buyers must secure a Tor Thor 3 or Tor Thor Sam document or a Foreign Exchange Transaction Form as proof of their remittance or international transfer of funds (better in Thai Baht) for the purchase of property. Buyers are required to bring this document to the Land Department when effecting property transfer.

* Foreign Buyers can acquire Leasehold land for a period of thirty (30) years with renewal for another thirty (30) years.

Each condominium shall have aliens or corporate as indicated under Section 19 holding ownership in the units collectively not exceeding forty-nine (49%) percent at the time registration.

A joint venture formation ; Special Purpose Vehicle (SPV) makes it possible for foreigners to acquire house and land.

For a SPV, max of up to *two(2) foreigners can be shareholders with majority of the rest (51%) being Thai.

* 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 than three (3) years.

(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.

MORE INFORMATION welcome to "REALTORCHIANGMAI OFFICE" and feel free for our consult .

If you are interested in this property, do not hesitate to contact us to arrange a viewing or request further information.