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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 The Grand Lotus Place 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.
The Grand Lotus Place is located 1.5 km away from 7-Eleven and it can be reached within 3 mins by car.
There are many other shops situated in the area of The Grand Lotus Place, the 3 closest being:
- Night market is 1.3 km away (an approx. drive of 3 mins.)
- Outlet Mall Pattaya is 2.0 km away (an approx. drive of 4 mins.)
- Thai Kinaree is 1.7 km away (an approx. drive of 3 mins.)
The surrounding area, where The Grand Lotus Place is situated, offers a wide variety of restaurants. See the closest of them below:
- Roasted Duck with Salt is 90 m away (a walk of about 1 min.)
- Kruabansuan Pattaya is 200 m away (a walk of about 2 mins.)
- Bueng Noi Restaurant is 330 m away (a walk of about 4 mins.)
Sawang Boriboon Rescue, Chaiyapruek Point is the nearest health facility, which is 960 m away (you can walk there in 12 mins.) from the project, while the closest schools in the proximity of The Grand Lotus Place are:
- Teacher Jay Jay is 1.7 km away (an approx. drive of 4 mins.)
- Childminder by Jay is 1.4 km away (an approx. drive of 3 mins.)
- Thailand Nursery is 4.0 km away (an approx. drive of 7 mins.)
U-Tapao–Rayong–Pattaya International Airport is located 41.7 km from The Grand Lotus Place and it takes about 44 mins. by car or taxi (depending on the traffic) to get there.