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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 Baan Term Fun 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.
Baan Term Fun is located 5360 from 108 Shop and it can be reached within 10 mins by car.
There are many other shops situated in the area of Baan Term Fun, the 3 closest being:
- 7 Eleven is 1.4 km away (an approx. drive of 10 mins.)
- 7-Eleven is 3.0 km away (an approx. drive of 4 mins.)
- 7 Eleven is 4.5 km away (an approx. drive of 6 mins.)
The surrounding area, where Baan Term Fun is situated, offers a wide variety of restaurants. See the closest of them below:
- Phuket Camellia Hall is 320 m away (a walk of about 4 mins.)
- Chabaikaew Karaoke is 630 m away (a walk of about 8 mins.)
- Orn Restaurant, A la carte restaurant is 1.3 km away (approx. 4 mins. by car)
MedVoyagers Andaman Co. Ltd. is the nearest health facility, which is 4.8 km away (you can drive there in 9 mins.) from the project, while the closest schools in the proximity of Baan Term Fun are:
- Phuket Skill Development Institute is 2.0 km away (an approx. drive of 5 mins.)
- Ban Manik School is 5.2 km away (an approx. drive of 11 mins.)
- H2O SPORTZ Co.Ltd is 1.5 km away (an approx. drive of 4 mins.)
Phuket International Airport is located 19.7 km from Baan Term Fun and it takes about 28 mins. by car or taxi (depending on the traffic) to get there.