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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 Fe'RICH 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.
Fe'RICH is conveniently located just 70 m from FamilyMart Soi Chaofa 31, which can be reached within 1 min. by foot.
There are many other shops situated in the area of Fe'RICH, the 3 closest being:
- Durian stalls from Lang Suan around Wat Tai, opposite the See Do Center. is 270 m away (about 3 mins. by foot)
- janjira barber shop is 410 m away (about 5 mins. by foot)
- crocodile magzine is 610 m away (about 7 mins. by foot)
The surrounding area, where Fe'RICH is situated, offers a wide variety of restaurants. See the closest of them below:
- Made to order Chicken Rice, Green House is 30 m away (a walk of about 1 min.)
- Mr. Mustard Sticky Noodles with Fried Pork is 110 m away (a walk of about 1 min.)
- Local delicious homemade street food by Wan is 110 m away (a walk of about 1 min.)
Andaman Pet Hospital is the nearest health facility, which is 2.1 km away (you can drive there in 5 mins.) from the project, while the closest schools in the proximity of Fe'RICH are:
- Underwater Way is 400 m away (about 5 mins. by foot)
- Wat Latthi Wanaram Child Development Center is 260 m away (about 3 mins. by foot)
- Ban Khok Sai Child Development Center is 230 m away (about 3 mins. by foot)
Phuket International Airport is located 40.1 km from Fe'RICH and it takes about 56 mins. by car or taxi (depending on the traffic) to get there.