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PARC PRIVA, Luxury 3 Storeys Detached House, Behind the Corner of Rama 9, Ratchada, Huay Kwang, Near MRT Convenient Transportation• Corner house, Type B, 3 Storeys • Usable area 380 Sq.m.• Land area 62 Sq.wa.• Fully furnished• Good house number according to Feng Shui principles rich and peaceful• 4BR, 4BA• 2 types of kitchen style ( electricity and gas ) and dining area• 3 Parking• Facilities include club house, swimming pool, fitness, Garden, Kid’s area, CCTV and 24-hour security• Near MRT Thailand Cultural Center• Near KIS international school and others
Located on Thiam Ruam Mit Rd, Huai Khwang, Bangkok 10310
Highlights: Single house, beautiful design, modern style, located in the heart of the city of Ratchada area. Luxury that is hard to find. Close to MRT Thailand Cultural Center
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. 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 Parc Priva 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.