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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 Living Park Rama 5 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.
Living Park Rama 5 is conveniently located just 300 m from 108 Shop, which can be reached within 4 mins. by foot.
There are many other shops situated in the area of Living Park Rama 5, the 3 closest being:
- Joe Soy Kala is 660 m away (about 8 mins. by foot)
- Weapon Musician Shop is 540 m away (about 6 mins. by foot)
- Yosita Engineering Company Limited is 540 m away (about 7 mins. by foot)
The surrounding area, where Living Park Rama 5 is situated, offers a wide variety of restaurants. See the closest of them below:
- Barnsri Muang is 80 m away (a walk of about 1 min.)
- Sister loves noodles. Pork knuckle, red pork, crispy pork is 180 m away (a walk of about 2 mins.)
- Chuty cook&bake is 120 m away (a walk of about 2 mins.)
The 2nd Public Health Service Center, Bang Si Mueang Municipality is the nearest health facility, which is 670 m away (you can walk there in 8 mins.) from the project, while the closest schools in the proximity of Living Park Rama 5 are:
- P' Dam the town is 120 m away (about 2 mins. by foot)
- higher school is 1.8 km away (an approx. drive of 5 mins.)
- Bang Phai Subdistrict Nonthaburi School is 1.5 km away (an approx. drive of 4 mins.)
Suvarnabhumi international airport is located 47.4 km from Living Park Rama 5 and it takes about 48 mins. by car or taxi (depending on the traffic) to get there.