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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 Park Rung Ruang 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.
Park Rung Ruang is conveniently located just 70 m from 7-11 Park Rung Rueng Branch, which can be reached within 1 min. by foot.
There are many other shops situated in the area of Park Rung Ruang, the 3 closest being:
- 7-Eleven is 80 m away (about 1 min. by foot)
- 7eleven is 190 m away (about 2 mins. by foot)
- Tesco Lotus Express is 340 m away (about 4 mins. by foot)
The surrounding area, where Park Rung Ruang is situated, offers a wide variety of restaurants. See the closest of them below:
- Tamarind tree shop, Khaotalo is 70 m away (a walk of about 1 min.)
- Tam Sang, Food Order is 90 m away (a walk of about 1 min.)
- Shabu Shabu Restaurant is 90 m away (a walk of about 1 min.)
Sawang Boriboon Rescue Point Chai Prit is the nearest health facility, which is 1.8 km away (you can drive there in 6 mins.) from the project, while the closest schools in the proximity of Park Rung Ruang are:
- Pattaya City School 3 is 130 m away (about 2 mins. by foot)
- Baan High School Pool Villa is 370 m away (about 5 mins. by foot)
- What Boon Samphan School is 870 m away (about 10 mins. by foot)
APAS Co., Ltd. is located 5.2 km from Park Rung Ruang and it takes about 14 mins. by car or taxi (depending on the traffic) to get there.