Siam Garden City

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Nong Prue, Pattaya, Chon Buri

Dec 2000 Completed
50 Units

Siam Garden City in Nong Prue, Pattaya

Siam Garden City is a house and villa project located in Nong Prue, Pattaya and was completed in Dec 2000. It has 50 units

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Frequently asked questions

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.

 

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After you have found the right property you have to follow these steps:

  • Agreement of terms and conditions

  • Reservation Agreement

  • Reservation Deposit 

  • Sales and Purchase Agreement

  • Settlement & Transfer 

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    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?

     

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    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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