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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 Lotus Point Elegant 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.
Lotus Point Elegant is conveniently located just 640 m from 7-Eleven, which can be reached within 8 mins. by foot.
There are many other shops situated in the area of Lotus Point Elegant, the 3 closest being:
- ancient shed - ancient shed is 460 m away (about 6 mins. by foot)
- Ekkamai Shopping Mall is 480 m away (about 6 mins. by foot)
- Spotlight scuba dive is 730 m away (about 9 mins. by foot)
The surrounding area, where Lotus Point Elegant is situated, offers a wide variety of restaurants. See the closest of them below:
- Pan Food Ekkamai Branch is 950 m away (a walk of about 12 mins.)
- Seiniku-ten Ekkamai Senikuten Ekkamai is 1.2 km away (approx. 5 mins. by car)
- 6ixcret is 1.2 km away (approx. 4 mins. by car)
It's clinical is the nearest health facility, which is 900 m away (you can walk there in 11 mins.) from the project, while the closest schools in the proximity of Lotus Point Elegant are:
- Bright Skies International School by Acacia is 1.2 km away (an approx. drive of 5 mins.)
- Centre Acacia French-English School is 1.2 km away (an approx. drive of 5 mins.)
- ACACIA EKKAMAI is 570 m away (about 7 mins. by foot)
Suvarnabhumi Airport is located 24.9 km from Lotus Point Elegant and it takes about 29 mins. by car or taxi (depending on the traffic) to get there.