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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.
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.
#1 - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?
After you have found the right property at Inara Villa you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment
Inara Villa is conveniently located just 160 m from FamilyMart, which can be reached within 2 mins. by foot.
There are many other shops situated in the area of Inara Villa, the 3 closest being:
- Flag Charoen Color World is 200 m away (about 3 mins. by foot)
- Thong Charoen Color Co., Ltd. 🐣 is 210 m away (about 3 mins. by foot)
- Yom Tien market is 970 m away (about 12 mins. by foot)
The surrounding area, where Inara Villa is situated, offers a wide variety of restaurants. See the closest of them below:
- Indian By Nature is 10 m away (a walk of about 1 min.)
- Empire Luxury Private Club is 50 m away (a walk of about 1 min.)
- House of Harmony is 30 m away (a walk of about 1 min.)
Thai888 Law & Abroad Funerals Pattaya Services is the nearest health facility, which is 610 m away (you can walk there in 8 mins.) from the project, while the closest schools in the proximity of Inara Villa are:
- Scuba Diving Pattaya Asia is 130 m away (about 2 mins. by foot)
- Vicha-Eak Cooking School is 280 m away (about 4 mins. by foot)
- Driving School Pattaya Thepprasit Driving School is 330 m away (about 4 mins. by foot)
APAS Co., Ltd. is located 1.5 km from Inara Villa and it takes about 4 mins. by car or taxi (depending on the traffic) to get there.