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For Sale: The Lake, Huay Yai
Urgent Sale! The beautiful 2-story home in The Lake, Huay Yai, International Village with high-quality materials. The property spans 71.9 sq. wah with approximately 250 sqm of usable area.
Property Features:
3 Bedrooms, 3 Bathrooms with built-in cabinets throughout the house
Private and communal swimming pools
Fully furnished kitchen with built-in counter
Auto and manual lighting systems with remote control
Automatic and manual front doors
Jacuzzi bathtub with both small and large shower heads
Feng Shui design: Horse and lion statues at the front, swimming pool facing south
Security system with sensors on doors and windows, 4 CCTV cameras
Satellite dishes: True and black dishes, signal box, and internet
Stainless steel extensions on the front and back, with high-quality rain gutters
5 Air conditioners, marble dining table set (6 leather chairs), guest sofa, and marble coffee table
Wooden beds in 2 bedrooms and a large Slumberland bed in the master bedroom
2 water heaters, 1 hot water machine, oven, gas stove with hood, water filter, and large Smart Inverter refrigerator (no odor)
Buried water tank and dual water pump system, with a large reserve tank for the village
2-car parking (inside and outside the house)
River view at the front of the house, central location
Additional Benefits:
Convenient access: multiple routes to Rayong, Sattahip, Bangkok Expressway, and more
Price: 8.5 million THB (Includes 7 million THB insurance for fire and property, including furniture)
Transfer of ownership: 50/50
Foreign nationals can own the building (house) in their own name, but not the land that it stands on.
Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.
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 The Lake Huay Yai 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.