3 Bedroom Townhouse for rent at Monotown 3 San Phi Suea

No pets are allowed at Monotown 3 San Phi Suea unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.

The common area maintenance fee for properties at Monotown 3 San Phi Suea is a fixed amount of ฿1,500. This amount has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.

Tha Kwian School is the nearest School from Monotown 3 San Phi Suea and it is 2.8 km away.

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.

 

Read more here

After you have found the right property at Monotown 3 San Phi Suea you have to follow these steps:

• - Agreement of terms and conditions
• - Reservation Agreement
• - Reservation Deposit
• - Sales and Purchase Agreement
• - Settlement & Transfer

Cash

Installment Milestone Payment

Reservation Deposit

Immediately

฿120,000

Down Payment

2 times

60%

1st Installment

On handover

40%

Installment Milestone Payment

Reservation Deposit

Immediately

฿20,000

1st Installment

Upon contract signing

฿100,000

Down Payment

8 times

7%

2nd Installment

On handover

93%

Read more here

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.

• - 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.
  
  
• - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
  
  
• - Is there a succession clause in the lease agreement that will allow inheritance of the lease?
  
  

Read more here

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.

 

Read more here