Good plot Land 38 Rai for investment or development in ChiangMai, Thailand. ฿77,000,000/ 38 Rai 2 Ngan 32 Sq.wa

Background of the land: This land is located on the East of Chiang Mai old city, in Doi Saket distract, Mae Kue Sub-district, Chiang Mai, where cultural attraction, Tube Trek water park, agricultural area, Mae Khue and Aui Tha local market. It is on the area where both local people and foreigners are living in.

This land is situated near Pu Kha Nuea Temple, and The Hangout Grill, a local restaurant. This land area is 38-2-32 Rai which is equal to 61,728 Sq.m. 12 Rai of the land has been graded. 5 Rai of land has been dug and used as the water supply “public pond” for farming. There are two small canals along two sides of the land. The canal on the right side is Klong Mae Pong which is used for farming on Doi Saket and San Kampeag, comes from Mae Kuang Dam and small canal on the left is used for farming as well.

  It’s only 5 KM from Bo Sarng intersection and 14 KM from Chiang Mai town. This is a perfect land for those who are looking for a land in a green and quiet atmosphere as well as the combination of local culture and agriculture. It can also be developed as retirement homes, resorts and residences. This land also offers the beautiful mountain and rice field view. There is a superhighway to Chiang Rai close to the land meanwhile it is also bypass road to San Kampang and Mae Orn ( New Express road project no. 1014).
  This land is located on the East of Chiang Mai old city. It is only 15.3 kilometer-drive from Tha Pae Gat .

Distances from major attractions
➢ Tesco Lotus (6 KM/ 13 minutes )
➢ Bangkok Hospital Chiang Mai (11.2 KM/ 44 minutes)
➢ Central Festival Chiang Mai (14.8 KM/ 29 minutes)
➢ Chiang Mai International Airport ( 19.8 KM/ 40 minute
Distance to attractions nearby:
➢ The Hangout Grill Restaurant ( 650 m/ 1 minute)
➢ Tube Trek Water Park (4.2 KM / 10 minutes)
➢ Au Tha Market (4.9 KM / 12 minutes)
➢ MAIIAM Comtemporary Art Museum (4.7 KM / 9 minutes) ➢ San Kampeang Animal Hospital (4.7 KM/ 12 minutes)
➢ Umbrella Center (6.2 KM / 16 minutes)

Project development near the land
San Kampeang and Doi Saket is home of thousands of local people. There are numbers of new housing complex projects, restaurants and businesses. Meanwhile, the heavy traffic on the public highway number. 1006 has become a big problem for many years. The department of highway is going to build the new road and expand the road in order to support the growing population and the city. The government has already approved these following 2 transportation developments
1. Underpass construction. The new road combines 4 lanes. The width of the road is 3.50 meters coming along with electric system and drain system. This underpass will connect 2 public highways which are Road No.121 and Road No.1014 San Kampang District, Chiang Mai.
2. Road No. 1006 Extension. There will be 4 lanes on the new road coming along with several u-turning points, electric system, and drain system. The construction will be along Pa Tek canal

Land Title Deed: Chanot (Number 1)

Electricity: Yes
Water supplier : Yes
Publish Road: Yes
Special: San Kamphaeng Sub District


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.)
1 Sq.Wah = 4 Sq.m.
1 Acre = 2.529 Rai
1 Hectare = 6.25 Rai
Land prices are usually expressed in Baht per Rai or Baht per Sq.Wah.

This Property for sale s in area of This Property for sale is in area of Chiang Mai Map Zone 37 : Old San Kamphaeng west

@ TUBE TREK Water Park
@ Umbrella Making Center
@ Bo-Sang Handicrafts Centre
@ White House Coffee
@ The vacation baanraipaina
@ Sand Creek Golf club 
@ G&M German Restaurant

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.

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. 

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 LG35 & 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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IEA - Pre-marketing Checks (Cont'd) 

   1. Due diligence on developer 
      1.1 Ensure that the developer is reliable with good financial standing and proven track record at the developer is the legal owner of the property (by verifying against the foreign land registry) and is legally entitled to market and develop the property 
      1.3 Ensure the payment arrangements for buyers, including the parties that receive payment, are appropriate for the property purchase.

   2. Due diligence on foreign estate agent 
       Ascertain that the foreign estate agent is reliable and with a good track record (if there is a tie-up).

  3. Due diligence on the property
     3.1 Check the property title, tenure, location, features and amenities.
     3.2 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. 
     3.3 If engaging third parties (local representative of the country where the project is located) to do due diligence, ensure that the third parties are qualified to perform due diligence. 

   4. Due diligence on claims
   Conduct due diligence checks on claims related to the property (guarantee of rate of return or rental returns or yields).