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For Sale / For Rent: Vizio Romklao–Suvarnabhumi Townhome
Location:
Romklao Road, Khlong Sam Prawet Subdistrict, Lat Krabang District, Bangkok 10520, Thailand
Property Details
3.5-storey commercial townhome
Building size: 5 m (width) × 12 m (depth)
Unfurnished
No air conditioners
Land area: 20.1 sq.wah (approximately 80.4 sq.m.)
Usable area: 205 sq.m.
Nearby Landmarks
ICD Lat Krabang (Inland Container Depot)
Lat Krabang Industrial Estate
Bangkok–Chonburi Motorway
Eastern Outer Ring Road
Airport Rail Link – Lat Krabang Station
Suvarnabhumi Airport
Big C Romklao
MRT Orange Line – Min Buri Station (under development)
Selling Price
THB 4.69 million
Transfer fee (2%) to be shared equally between the buyer and the seller (50/50).
Rental Price
THB 20,000 per month
Rental Terms
Minimum lease term: 1 year
Current Lease
The property is currently leased until 6 February 2027.
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.
No Matched Units
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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 Vizio Romklao-Suvarnabhumi 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.