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One of Bangkok’s unique neighborhoods “ARI”, is located in the heart of Bangkok. As a district where classic and creativity meet, ARI is packed with restaurants, cafes, and bars catering to all lifestyles.
It’s also the district that keeps classical vibes through living spaces with a simple journey in various routes from major expressway to Skytrain.
No matter what you are looking for, ARI has it all. In the past, ARI was considered as being a government area with full of elites. During that time, the district underwent a remarkable development, yet the district can still maintain well – balance of those who are doing businesses and living in the area to live happily together.
Find out how much your property is worth and start your listing for free.
Proud Real Estate PLC is a Thai real estate developer, listed on the Market for Alternative Investment (MAI) in the Stock Exchange of Thailand (SET). Our handcrafted residential projects deliver an experience that challenges the boundaries of being simply a place to live. Every space we design provides a way of life that strikes the perfect harmony between the beauty of nature, modern necessities and luxury.
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 Vi Ari you have to follow these steps: