Khlong Phra Udom, Pak Kret, Nonthaburi
Able Asset Co., Ltd. was founded in early 2012 with 100 million baht in registered capital and is developing Baan View Viman Condominium, a 106-unit project being built on a 1.5 rai plot of land near Kao Takieb in Hua Hin. It features an eight-storey building with contemporary style units sized from 35 to 135 square meters and priced between 2 to 12 million baht with a total value of 400 million baht. The project is already 100% sold out and expected to be complete by the middle of this year.
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 Astoria Chaiyapruek - Chaengwattana 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.
Language
Price display
4
5
3,326
2,971