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This property comes with the rare opportunity to own a stylish, modern house within the attractive Rungsii Village Pattaya project in Nong Prue, Chon Buri. The house is an impressive 203 SqM and features four spacious bedrooms and three bathrooms. Completed in December 2022, this house would be a perfect investment for potential buyers both as a residence or an income-generating asset. Buyers will benefit from this house's security features, such as the 24-hour CCTV system, electronic keycard entrance and private parking. Furthermore, this residence comes with a communal swimming pool, gym, and garden, encouraging a healthy lifestyle for the buy. At a base price of ฿7,313,167 (฿36,025/SqM), the house is an excellent value purchase given its desirable features and benefits. Buyers will be able to customize the home to their liking and can take advantage of all amenities available at the project.Situated in a highly desirable location, this property is an excellent opportunity with the potential to provide great returns. With the completion date in December 2022, buyers can enjoy a new house with high quality construction and design without the hassle of having to build it. If you're interested, contact us to learn more about this unique opportunity to make a sound investment.
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 Rungsii Village Pattaya 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.