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Selling a house on a large plot of land (226 SqW) by the owner. Huge available area to utilise or expand. The house is compact, featuring two bedrooms and two full bathrooms, each with a shower. Great view from the upper-floor bedroom. An additional toilet is available on the ground floor. A great number of parking spaces (2 covered). The community has plenty of green space (Greenish Chalet housing) with large trees, and is very quiet. The plot is situated beside a canal, offering serene and private surroundings. A storage outside the house provides plenty of space for stuff. Easy to commute both downtown and uptown. There are many places (fresh markets, supermarkets) to buy fresh and ready-to-eat food nearby, such as Thonburi Market and Greenville Market.
Foreign nationals can own the building (house) in their own name, but not the land that it stands on.
Foreign nationals cannot own land in Thailand in their own name. The options for a foreigner to make use of the land are via a long-term lease or by investing in a Thai company that owns the land.
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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.
After you have found the right property at Greenish Chalet you have to follow these steps:
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.
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.