Farm 51,200 sq.m Chiang Mai, Thailand: 3 Houses, a workshop
The farm which is for sale is 32 rai or 51,200 Sq.m.
The Thai Government value of the land is 550,000.00 Baht per Rai excluding buildings and services which Owner have. The property is "Freehold".
There are three houses and a workshop on the property. And the best water supply in the whole of the district, to the point the locals want to buy the water, bottle it and sell it.
There are a number of ways of coming to an agreement & they are:
1. You purchase at 12 Million Baht out right. The owner pays the transfer fees and tax. Or
2. You buy at 11 Million Baht and you pay the transfer fees and Tax. Or
3. You buy at 10 million Baht (All fees & taxes met by you) and you lease back at 34,000.00 Thai Baht per month for 5 years interest free. This is the 2 million Baht short of the 12 million.
Or
4. The owner can if you wish sell the company by you purchasing the company via "Share Transfer" but unless you have a spare 342,000,000.00 Thai Baht.
You made a statement that you could buy in your Thai wife's name. Unless your marriage is registered in Thailand you have no legal rights to ANY assets you purchase. You are best to buy through a Thai company that way at least you can get 49% of your money back. Not much but better than Zero
The property is located near Wat Ram Phueng at Mae Kha Jan in Mae Taeng district some 30kms north of Chiang Mai. There is an abundance of local facilities including a newly opened Tesco / Lotus store, banks, restaurants and markets. For the occasional trip to downtown Chiang Mai the newly improved highway is within 200m of the property and you can reachdown-town in 15 - 25 minutes. From the main Chiang Mai-Fang Road it's about 1 km to the west. Mae Sa which has X-Center, Monkey, Snake, Elephant & Tiger shows. There are numerous waterfalls and other attraction near the farm. Day trips to Pai & Fang are easy and the farm lies practically on the road to Pai. There is a lot of great travelling and sightseeing to do around the area.
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