Wang Phong, Pran Buri, Prachuap Khiri Khan
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 Moda Melody you have to follow these steps:
Plan Name Installment Milestone Payment Reservation Deposit Immediately ₿0.063 2nd Installment on completion of the foundations 10% 3rd Installment on completion of the floor beams 10% 4th Installment on completion of the swimming pool 10% 5th Installment on completion of the blocked walls and columns 10% 6th Installment on completion of the roof and roof tiles 10% 7th Installment on completion of the electrical conduits and plumbing pipes 10% 8th Installment on completion of the interior and exterior rendering 10% 9th Installment on completion of the interior tiling, windows, and painting 10% 10th Installment on completion of the intended completion date and house inspection 5% 1st Installment within 7 days from the date of signing all agreements 20%
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