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The Trees is a lush private compound consisting of 12 luxury homes. Located in Yennkart District, in the heart of Sathorn, the estate sits at the end of cul de sac and hence is peacefully quiet and secure. It boasts communal areas such as manicured gardens, a private tennis court, and a large swimming pool. It is centrally located 1.5 km from the much anticipated new district 'One Bangkok', and just 2 km from Lumpini Park and MRT.
House measures 420 sqm and is spread across 4 floors, with a total of 5 ensuite bedrooms, open plan living and dining areas, a small garden with private pool, and a covered private parking for 2 cars.
5 bedrooms/bathrooms
420 sqm
4 floors
Private garden/ pool
2 covered parking spots
Large communal pool
Tennis court
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 The Trees Sathorn 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.