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Now don't get me wrong, this ain't no grand old plantation, but it's sure to put a spring in your step–the kind of place where you can finally make your dream of owning a serious piece of real estate come true.We're talking about a 203 SqM beauty of a 'sheila' (as us Aussies would say) that's part of the Rungsii Village Pattaya project. This rare find is situated in Nong Prue, Chon Buri and was just recently completed in December 2022. It's the southern gem of the city, and it's truly a sight for sore eyes.Now, the good news doesn't end there–by the look of things the price you can buy the house for is a snip at just ฿6,118,167 (or ฿30,139/SqM). That's a bargain, folks!You don't have to be a property wizard to know that this fine abode offers up four bedrooms and three bathrooms of pure bliss. So, you can forget the cramped apartments and make the move here to get a little taste of luxury living.Take a step back and think outside the box–no more worrying about rent, no more stressing about loans or hidden costs. Enquire about this property today and make your dream of owning the perfect piece of real estate come true.
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.
After you have found the right property at Rungsii Village Pattaya 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.