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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 Termsuk Villa 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.
Termsuk Villa is conveniently located just 570 m from 7-Eleven Ornsirin 2 Branch (15455), which can be reached within 7 mins. by foot.
There are many other shops situated in the area of Termsuk Villa, the 3 closest being:
- Kangaroo Jiu Package is 340 m away (about 4 mins. by foot)
- P'sai is 850 m away (about 11 mins. by foot)
- J Space Sansai (J Space Project) is 5.3 km away (an approx. drive of 7 mins.)
The surrounding area, where Termsuk Villa is situated, offers a wide variety of restaurants. See the closest of them below:
- Yunnan Noodles (Mee Kang Yunnan restaurant) is 0 m away (a walk of about 1 min.)
- Green Grizzly is 0 m away (a walk of about 1 min.)
- Sauce King Co., Ltd. is 0 m away (a walk of about 1 min.)
Telemedicine Network Foundation. is the nearest health facility, which is 0 m away (you can walk there in 1 min.) from the project, while the closest schools in the proximity of Termsuk Villa are:
- Tonkla School, Chiang Mai is 910 m away (about 11 mins. by foot)
- Ban Nong Khai School is 1.3 km away (an approx. drive of 3 mins.)
- SOCKS'S CLUBHOUSE is 1.3 km away (an approx. drive of 4 mins.)
Chiang Mai International Airport is located 14.4 km from Termsuk Villa and it takes about 25 mins. by car or taxi (depending on the traffic) to get there.