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Lahan, Bang Bua Thong, Nonthaburi
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 Nakornthong Park View you have to follow these steps:
Unit selection and agreement of terms and conditions
Reservation Agreement
Reservation Deposit
Sales and Purchase Agreement
1st Contract Payment
Payment Installments
Snag List
Transfer
Nakornthong Park View is conveniently located just 150 m from 7-Eleven, Nakhon Thong Park Ville Branch (05183), which can be reached within 2 mins. by foot.
There are many other shops situated in the area of Nakornthong Park View, the 3 closest being:
- Distribution Center 333/17 Bang Bua Thong is 3.2 km away (an approx. drive of 8 mins.)
- 1st Avenue Community mall is 910 m away (about 11 mins. by foot)
- ZHULIAN 1st avenue branch is 990 m away (about 12 mins. by foot)
The surrounding area, where Nakornthong Park View is situated, offers a wide variety of restaurants. See the closest of them below:
- Coffee Talk@340 is 130 m away (a walk of about 2 mins.)
- Odin Khao Keng Restaurant, Esso Branch, Bang Bua Thong-Suphan Buri Road is 350 m away (a walk of about 4 mins.)
- Waraporn Steamed Bun is 90 m away (a walk of about 1 min.)
Sor.Mor.5 Hospital, Bang Bua Thong is the nearest health facility, which is 2.9 km away (you can drive there in 10 mins.) from the project, while the closest schools in the proximity of Nakornthong Park View are:
- Ro Bi Ti Borihan Thurakit College is 660 m away (about 8 mins. by foot)
- Smith English of Language School Bang Bua Thong Branch is 780 m away (about 10 mins. by foot)
- Saeng Prateep Child Development Center is 1.6 km away (an approx. drive of 5 mins.)
Suvarnabhumi International Airport (BKK) is located 64.4 km from Nakornthong Park View and it takes about 58 mins. by car or taxi (depending on the traffic) to get there.
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