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Back in 1988, Ruamlert Engineering Company Limited was established with a purpose of running a contractor business and construction bidding. With almost two decades of experiences and expertises in the business, a working group had foreseen the emerging opportunities and potential of real estate development. In 2003, therefore, “Benyapha Property Company Limited” was founded as a Real Estate Developer Company in the substituted for Ruamlert Engineering Company Limited that had been closed down ever since. The new company major aim is to deliver the high quality house at an affordable price to consumers, by following such a strategy, every single step of the project construction procedure is strictly controlled the quality, as such, the company becomes a distinguished and a well-known in the business, comparing among real estate developers.
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 Casalunar Mesto Home 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.