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For Sale / Rent: Space Townhome, Ladprao 80 – Prime Location near Mengjai & Top International Schools Surrounded by leading international schools (over 3 nearby) and only minutes from MRT Huai Khwang / Sutthisan and the new Yellow Line – MRT Lat Phrao 71 Station. Property Highlights• 3-Storey Townhome• Usable area: 207 sq.m. on 24.7 sq.w. land plot• Front width: 5.5 meters — parking for 2–3 cars • 3 Bedrooms (1 master + 2 smaller) / 4 Bathrooms• Fully equipped with air-conditioning & water heaters• Built-in kitchen with 4-burner electric stove, 3-door refrigerator, washing machine & water purifier • Fully furnished: dining table, sofa, TV shelf, wardrobes, etc.• 24-hour security system• Full facilities: Clubhouse, Fitness, Swimming Pool & Garden Ideal for families, expats, or small businesses looking for a stylish and convenient home in the heart of Ladprao.
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 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 SPACE Ladprao - Mengjai 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.