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The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure.
In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.
After you have found the right property at Baan Lat Phrao 1 you have to follow these steps:
A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years.
Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.
Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.
Baan Lat Phrao 1 is conveniently located just 60 m from 7-Eleven, RBAC branch, Intersection 22, which can be reached within 1 min. by foot.
There are many other shops situated in the area of Baan Lat Phrao 1, the 3 closest being:
- chipo warehouse is 140 m away (about 2 mins. by foot)
- Yes hair cut, men's barber shop, Korean-vintage style is 320 m away (about 4 mins. by foot)
- Plaza de Junction is 300 m away (about 4 mins. by foot)
The surrounding area, where Baan Lat Phrao 1 is situated, offers a wide variety of restaurants. See the closest of them below:
- Pennapha is 0 m away (a walk of about 1 min.)
- Nong Yao Isan Curry is 0 m away (a walk of about 1 min.)
- Isan curry restaurant is 0 m away (a walk of about 1 min.)
Jirawee Clinic Jirawee Clinic is the nearest health facility, which is 280 m away (you can walk there in 4 mins.) from the project, while the closest schools in the proximity of Baan Lat Phrao 1 are:
- Bangkapi School is 90 m away (about 1 min. by foot)
- Tawfan Kindergarten is 170 m away (about 2 mins. by foot)
- Keethip Co., Ltd. is 180 m away (about 2 mins. by foot)
0 is located 0 from Baan Lat Phrao 1 and it takes about 0. by car or taxi (depending on the traffic) to get there.