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This 2 story, 410 SQM house with land of 96 SQ Wah is located on a quiet soi of a Moo Bahn in Prawet, Bangkok. - Sukhapliban 2. Easy access to the motorway and the airport in an area with plenty of restaurants, shopping malls and other amenities. 5 Bedrooms - 4 Full Bathrooms Master bedroom includings a full walk in closed with Island. Dedicated Maid area with separate bathroom Living Room, Dining room and study room. Dedicated huge home office of an additional 50 SQM Covered patio area is great for BBQ and outdoor dining Parking for 2 cars, plenty of yard area for kids and pets to play. The housing compound has 24x7 security, a huge swimming pool, fitness and clubhouse. Available for rent or purchase.
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 Villa Nakarin 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.