Land for sale, around 8 rai, beautiful plots, mountain views, with 2 rivers side Mae Wang,Chiang Mai ฿18,201,500/ 7-2-85 Rai

Land for sale, around 8 rai, beautiful plots, mountain views, with 2 rivers flowing through the land.

          These land plots are in Thung Phi Subdistrict, Mae Wang District, Chiang Mai Province. It is a beautiful plot of land with title deeds that grow. with an average land area of 7-2-85 rai with a branch of the Muang Mae Wang River flowing through about 150 meters long and overlooking the Doi Nam Hoo mountain. There are 4 groundwater wells drilled in the land. These plots are green. But to make it easier, we would like to divide it into 4 zones, and 4 main colors.

          Red: The land on the main road looks like a garden. An orchard that the owner prepares to turn into a coffee shop the width of the main road is 28 meters, the depth is 68 meters. The land is very fertile. Rich in vegetables and fruits such as 40-100 coconut trees, 200 guava trees, as well as jujube trees, banana trees, bamboo trees, and many other herbs. Currently, it can be eaten fresh, delicious, and chemical-free, which can be eaten by yourself or sold. At present, the land has been dug a canal around the land which can raise fish or raise shrimp. Currently, in Mae Wang District, many tourists come to visit here for rafting. This plot of land is very suitable for a sufficient agricultural garden. an organic vegetable garden or make it a small business such as a cafe or community coffee shop as well.

          Behind the land, there is a bridge across the Mae Wang River to the second plot of land. is yellow land.

          Yellow: The yellow land looks like a large longan plantation. will be next to the red plot of land Able to walk across the bridge connecting the land. This yellow land has another entrance It is a dirt road from the village into the land. Within this land is abundant with more than 200 longan trees, with the city river flowing through both sides and groundwater drilled. At present, the longan trees in the yellow land are still able to yield very well. Take care and prune the branches so that the land is not overgrown. This plot of land is suitable for speculation or can bring products such as longan to be sold or made to be translated into longan, etc.

          Blue: The blue plot of land is not a large plot of land but is an important plot of land that connects the yellow and green plots. At present, the blue land has been cleaned. and can be used to build a residence or to develop land Even buying it for speculation is good. because it is next to the mine river that flows through the year, resulting in a shady, cool atmosphere Within this plot of land are some bamboos, bananas, longan trees, etc.

          Green: This plot of land is another large plot of land and a beautiful plot of land next to the main road, 68 meters wide. beautiful curved appearance can be divided into beautiful floating islands Or you can build a beautiful restaurant Make a bridge across to your restaurant where the river flows through the bottom. And making rubber rings or floating rafts, floating from coffee shops or cafes in the red plot of land until reaching the restaurant in the green plot of land Passing under the bridge is also very interesting, as well as a large yellow plot of land. guest house or Resort accommodation for tourists as well. Within this plot of land, there are also fruit trees. Whether it is coconut trees, sugar palm trees, banana trees, longan trees, etc. If you buy a green plot of land together with a blue plot, it can be made into a road or a bridge to the adjoining land.

Nearby places:

- Rafting Mae Wang

- Boonsom Spirulina Farm

- Phan Ton Temple

- Nam Hoo Cave Temple

- Ban Phan Ton School

- Mae Wang Hospital

- Por Thueng flower fields, Mae Wang

Please let me know if We can do more to support this, feel free to tell us or welcome to our office at Infinite Heigh Project (Behind True Move)  111/7 M.1, Ring Road 700 year, T.San klang, A.San Kamphaeng, Chiangmai, Thailand (Realtor Chiangmai Office) or call to us                                                                                         
Mr. Paul Chuenchai    Mobile 082-191-0050
Ms. Esther Chuenchai Mobile 085-614-8205
Mr.Kanong (Deang)    Mobile 063-589-1419 
Office RealtorCM        Mobile 093-032-3738 

By Paul&Esther Real Estate Co.,Ltd 
@ 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 in 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.

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.

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

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.

Chiang Mai Map Zone 58 South (District) 

@ P Mark Supermarket ( Frozen product)

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@ San Pa Tong

@ Doi