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THB - ฿
Land: 119 SQM Living space: 350 SQM Bedrooms: 3 Bathrooms: 4 Jacuzzi. The modern waterfront semidetached house situated in Boat Lagoon, the very first and perfect spot for boat lovers, sport enthusiasts, family and children friendly. The house offers frontage of 6 meters with a private berth for a boat. The community provides swiming pools, gym, tennis court with 24 hours security guards and surrounded by restaurants, spas, shops, supermarkets. It is only three minutes drive to BIS international school and thirty minutes to the Airport.
Foreign nationals can own the building (townhouse) in their own name but not the land that it stands on.
Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.
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 Boat Lagoon 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.