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House for Sale Below Market Price – Supalai Pride Udonthani (Direct Sale by Owner) Supalai Pride Udonthani - 4 Bedrooms, 3 Bathrooms. Usable Area: 165 sq.m. -House Model: Supathawin, includes a covered carport. -Exclusive Location: Only one street in the project with a wider frontage at 12 meters (compared to the usual 9 meters), including a pedestrian walkway along the entire street. -Wide Road: The road in front of the house is the widest in the project. -Free Common Area Fees for 3 years. Free Garden: Landscaping is not yet complete, but a garden is included. -Fully Built-In Kitchen: Equipped with a hidden exhaust hood, marble-coated sink, washing machine, and dryer. -Built-In Wardrobe and Dressing Mirror with a walk-in closet. Appliances Included: Refrigerator, microwave, water heater, water filter (including pre-tank filtration system). -Air Conditioners: 2 units (23,500 BTU and 18,500 BTU) and a water heater. -Security: 1 CCTV camera. - Fully Inspected: All systems are fully checked and in perfect condition.
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 Supalai Pride 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.