Nong Prue, Pattaya, Chon Buri
Spacious Single-Story Detached House in 24-Hour Security Village Near International Schools Price: 6.5 Million Baht (Cash Purchase or Bank Loan) Land Area: 95 Sq.WahBedrooms: 3Bathrooms: 2Living Room: 1Kitchen: 1Parking Spaces: 2Utility Area ExtensionFully Furnished with New Furniture Owner Financing AvailablePrice: 7 Million Baht Down Payment: 1 Million BahtMonthly Installments: 50,000 BahtTerm: 3-5 YearsInterest Rate: 6% Nearby:International School MooltripakdeeRegent's International SchoolRugby International School
Private Garden
Covered Parking
Washing Machine
TV
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 Ponthep Garden Ville 5 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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