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It boasts a selling price of just 5,990,000 Baht. The property covers an area of 70 square wah and features 3 bedrooms, with the potential to expand to 4 bedrooms. Additionally, there are 3 bathrooms, 2 spacious living rooms, and a kitchen equipped with a marble countertop. Parking is available for 2 cars inside the property, with extra parking spaces in front. The villa also includes a 3x6 meter saltwater pool. As a bonus, various valuable items are included for FREE: a TV stand for the living room, bedroom sets for 3 rooms, a sofa, a dining table for 6, custom-made curtains, a marble kitchen countertop with a sink, built-in stove and hood, driveway and perimeter tiling, front lawn landscaping, and 2 air conditioners (24,000 BTU and 12,000 BTU). Additionally, a water pump and water tank are provided free of charge.
Foreign nationals can own the building (villa) 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 Rattanakorn Village 15 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.