Pong, Pattaya, Chon Buri
Mabprachan Gardens is a housing development with unique Mediterranean styled villas and semi-detached homes in East Pattaya next to Mabprachan Lake. Quality building materials and workmanship are used throughout these unique 1 and 2 story homes. The development has 24 hour security and is conveniently located just 15 minutes from central Pattaya with easy access to highways, international schools and golf courses.
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 Mabprachan Gardens 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.
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