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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.
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:
After you have found the right property at Villa Asiatic you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿50,000 Down Payment Upon contract signing 20% 1st-12th Installment 12 Months 80%
Villa Asiatic is conveniently located just 800 m from Lotus's express Sukhumvit Pattaya 15, which can be reached within 10 mins. by foot.
There are many other shops situated in the area of Villa Asiatic, the 3 closest being:
- pig plastic is 2.4 km away (an approx. drive of 5 mins.)
- Wan Twenty Pattaya is 770 m away (about 10 mins. by foot)
- Cheek Yui, millions of products online is 830 m away (about 10 mins. by foot)
The surrounding area, where Villa Asiatic is situated, offers a wide variety of restaurants. See the closest of them below:
- Saap Lai restaurant is 160 m away (a walk of about 2 mins.)
- Love Garden Cafe & Shabu ( love garden cafe & shabu) is 250 m away (a walk of about 3 mins.)
- Leng Zap Super Chicken Leg By Kae is 980 m away (a walk of about 12 mins.)
BAN NONG HUA RAED TAMBON HEALTH PROMOTING HOSPITAL is the nearest health facility, which is 4.0 km away (you can drive there in 5 mins.) from the project, while the closest schools in the proximity of Villa Asiatic are:
- K SIRI Beauty Salon is 650 m away (about 8 mins. by foot)
- Benjasuksa School, Pattaya, Nong Ket Noi 6 is 960 m away (about 12 mins. by foot)
- Active Kids Nursery Pattaya is 2.1 km away (an approx. drive of 4 mins.)
U-Tapao–Rayong–Pattaya International Airport is located 47.8 km from Villa Asiatic and it takes about 41 mins. by car or taxi (depending on the traffic) to get there.