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Altitude Development was founded by Mr. Chayaphon Hunrungroj along with his partner, Mr. Kwanchai Yingcharoenthawornchai in 2014. Altitude brand strongly engages in developing unique properties focusing on lifestyle, innovative design and premium locations. Our core business strategy is to develop a niche luxury projects in both high and low rise buildings utilizing relatively small plots of land in the most desirable locations. Altitude targets convenient areas for consumers where demand is high but supply is low.
As of August 2018, the Company’s registered capital was 190,000,000 baht consisting of 19,000,000 ordinary shares at a par value of 10 baht, with issued and paid-up capital of 190,000,000 baht.
With 15 years of experience in property agency and real estate consultation and the marketing of 30 projects consisting of condominiums and luxury houses, home offices and 8 years in property development with 9 projects and 6 international awards. We are fully committed to continually improve the excellence in our standards in order to better serve our clients.
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 Altitude Kraf Bangna you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment
Altitude Kraf Bangna is located 3.7 km away from 7-Eleven and it can be reached within 9 mins by car.
There are many other shops situated in the area of Altitude Kraf Bangna, the 3 closest being:
- MISAKI CARBON is 4.1 km away (an approx. drive of 11 mins.)
- MY7GOLF is 7.6 km away (an approx. drive of 17 mins.)
- Heng Heng Heng Restaurant is 3.9 km away (an approx. drive of 8 mins.)
The surrounding area, where Altitude Kraf Bangna is situated, offers a wide variety of restaurants. See the closest of them below:
- Cocobee Bangna is 4.2 km away (approx. 11 mins. by car)
- Maruay Chicken Noodle is 1.2 km away (approx. 2 mins. by car)
- Chubby Shrimp Grilled Shrimp Delivery is 4.2 km away (approx. 10 mins. by car)
Mega Pet Animal Hospital is the nearest health facility, which is 890 m away (you can walk there in 11 mins.) from the project, while the closest schools in the proximity of Altitude Kraf Bangna are:
- Happy is 170 m away (about 2 mins. by foot)
- Satit Bangkaew School (Primary) is 2.3 km away (an approx. drive of 5 mins.)
- Bang Kaew Demonstration School (Primary) is 2.2 km away (an approx. drive of 5 mins.)
Suvarnabhumi Airport is located 27.4 km from Altitude Kraf Bangna and it takes about 29 mins. by car or taxi (depending on the traffic) to get there.