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Villa for sale with a tenant on a long term contract paying 14,000 thb per month or the tenant can leave if a new owner wants to move in, a thai company name, 3 bedroom house is located in ban koonsuk 1 village in bang saray located on sukhumvit road & only 5 minutes from bang saray beach just outside the village is a 7/11, gym, bangkok/pattaya clinic & more. This newly renovated house is very tidy, has all new upvc windows and is ready to move straight into - 60 sqw land area - 3 bedrooms - 2 bathrooms - european kitchen - covered off road parking - communal park - communal football pitch - communal play area - 24 hour strict security - buyer & seller share all fees & taxes upon transfer - thai company ownership - monthly fees 500 bath - pool and gym optional- at 1500 bath
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 Baan Koon Suk 1 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.