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Modern 2-Story Townhome
Area: 38 sq.w.
Price: Only 2.89 million THB
Just 500 meters from Sukhumvit
2 Bedrooms
2 Bathrooms
1 Kitchen
1 Storage Room
Spacious Living Room
Parking for 2 Cars
Backyard Garden
Transfer and tax fees shared 50/50
Many freebies included:
TV stand for the living room
2 Bedroom sets
Sofa for the living room
Dining table for 4
Custom curtains for the entire house
Kitchen counter with sink
Built-in stove + range hood
Extended carport with tiles
Extended backyard with tiles
12,000 BTU air conditioner (1 unit)
Backyard landscaping
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. 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 Rattanakorn Village 18 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.