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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 Mu Ban Nakhon Luang 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.
Mu Ban Nakhon Luang 1 is conveniently located just 20 m from 7-Eleven Nanglinchee Branch Soi 5 (04220), which can be reached within 1 min. by foot.
There are many other shops situated in the area of Mu Ban Nakhon Luang 1, the 3 closest being:
- Kuay Teow Zapp is 10 m away (about 1 min. by foot)
- TTN avenue project is 180 m away (about 2 mins. by foot)
- Mrs. Linchee Market is 380 m away (about 5 mins. by foot)
The surrounding area, where Mu Ban Nakhon Luang 1 is situated, offers a wide variety of restaurants. See the closest of them below:
- Kuay Teow Zapp is 10 m away (a walk of about 1 min.)
- Somjai Potchana is 20 m away (a walk of about 1 min.)
- Pad Thai Muay Thai is 30 m away (a walk of about 1 min.)
Ishii Rehabilitation Clinic is the nearest health facility, which is 790 m away (you can walk there in 10 mins.) from the project, while the closest schools in the proximity of Mu Ban Nakhon Luang 1 are:
- Raintree International School is 0 m away (about 1 min. by foot)
- Industrial and Community School is 110 m away (about 1 min. by foot)
- Ava school is 290 m away (about 4 mins. by foot)
Suvarnabhumi Airport is located 35.6 km from Mu Ban Nakhon Luang 1 and it takes about 33 mins. by car or taxi (depending on the traffic) to get there.