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If you're in the market for a luxe, five-bedroom escape in Nong Prue, then look no further! This incredible home, which is part of the Palm Oasis project, could be your little slice of paradise. Perched on 480 SqM, this home is a showstopper! Now let's talk about the goodies! This rental boasts six bathrooms (awkward family gathering, #amiright). Plus, this beauty was completed way back in November 2012, so you know you'll be walking into one swanky pad.It's time for the askin' price! You can be the proud new owner of this decadent property for only ฿25,000,000 (that's just ฿52,083/SqM!). This is a dream deal and won't be around for long, so enquire today and you can be living the high life ASAP! This is your chance to own a little piece of Nong Prue. Don't wait around - enquire on this property now!
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 Palm Oasis 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.