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Detached House in Pattaya, Soi Siam - Mittrakamon Intersection
Land Size: 59.1 Sq.wah
Bedrooms: 3
Bathrooms: 2
Fully Furnished
Price: 4,590,000 THB
Transfer Fee: 50/50
Included Items
Bedroom sets for 3 bedrooms
Built-in shelving in the bedrooms
Large built-in TV unit in the living room
Built-in TV in the bedrooms
1 Air conditioner
1 Washing machine
Built-in gas stove + hood
2 Water heaters
Living room sofa set
Dining table for 6
Free waterfall curtains with lawn and garden setup
Warranty provided after move-in
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.
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 Rattanakorn Village 20 you have to follow these steps: