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This house is perfect for vacation escape, located inside a very quiet natural tropical environment with sunny and warm days and evenings every day. And it is much cheaper than you can imagine. Perfect for retirees, or singles, that finally can enjoy summer weather for 6 months or longer with no exceptions. Very close access to the bustling city of Pattaya and many tropical sand beaches to explore. This area of Thailand offers the very best and most stable weather, especially during winter. European standard and quality. A place to relax and enjoy the fantastic weather in Thailand. Placed inside a tropical resort environment and close to the fantastic world city of Pattaya. Very close to the village Pong and Lake Mabrachan where you can enjoy restaurants, 7/11, Tesco Lotus, a local fresh market with very cheap groceries, and many smaller shops. 2 km to Highway 7 and Road 36 will connect you easily to almost everything that Pattaya offers. Minibus to Pattaya north.
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 Palm View Residence 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.
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