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Got a tenant paying 225k per month until August 2026. Can move out with 90 days notice if needed. Basement 1 ( car park / maid room / storage room. Maid service area with washing machine / dryer. Asian kitchen fully renovatedL1 ( Living & Dining with lounge) Garden & swimming pool in frontL1 has separate family loungeMezzanine floor ( 1 bedroom with bathroom)2nd level ( 2 bedrooms with attached bathrooms)Level 3 ( master bedroom with large bathroom with walk in cabinets). Bedroom has balcony
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 Quarter 31 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.