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Experience a bit of perfection with the Perfect Masterpiece Rama 9 project in Prawet, Bangkok with this 800 SqM residence that's ready to move into. Completed in December 2019, this property features six spacious bedrooms, giving plenty of room for a family or roommates, and six bathrooms, so everyone can stay fresh and put their best foot forward. Move-in and start living: it's that easy. The Perfect Masterpiece Rama 9 project provides a modern urban lifestyle, with all of its world-class amenities that you could need. It's a great option if you want to experience a bit of everything. What more could you ask for? Rent it out long-term and get cozy in the lap of 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.
After you have found the right property at Perfect Masterpiece Rama 9 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.