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This house is situated on a spacious plot with a large garden, including a space for growing vegetables behind the house. In the front part of the garden, before the house, there is a wonderful area perfect for games or simply relaxing on the shaded terrace. The garden features a small waterfall with seating under an umbrella, offering an exotic experience of cascading water over a rock garden adorned with flowers. Nearby, a large, lush tree provides pleasant shade, alongside a few palm trees and an outdoor shower tucked away in the corner of the garden. Inside, the house boasts a spacious living room with ample space for dining. The kitchen, separated by a door, also offers a cozy seating area. Upstairs, there are four bedrooms and a bathroom.
Foreign nationals can own the building (house) in their own name, but not the land that it stands on.
Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.
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 Park Rung Ruang 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.