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Newly Built Modern House for Rent in Sukhumvit Gated Community! 900 m from On Nut BTS with Serene yard space - Over 300+sqm with 3 Bedrooms - Double Volume / Ultra High Ceilings - 2 Kitchens with Oven, Stove, Dishwasher, Fridges, Washing machine & Dryer. - 100+ sqm of Balcony and Garden Space Under Silver Oak tree Shades - 3 car parking - Walking Distace to BTS On nut / Shopping Complex / Restaurants / Gym and Co-Working Space - centrally located in Sukhumvit 54 with easy access to both bts and tollways
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 Artery Thonglor – Sukhumvit you have to follow these steps: