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Set within The Masterpiece Scenery Hill project at Nam Phrae, Hang Dong, is this delightful three-bedroom house for sale. Within a 15-minute drive, you will find several international schools, making it ideal for families, and Hang Dong Golf Club for the enthusiast. Asking Price: 4,500,000 THB Key details: - 154 sq.m of habitable living area set on a 54 sq.wah plot - Three bedrooms - Three bathrooms - Master bedroom with balcony and en-suite bathroom; family bathroom shared by the remaining two bedrooms, and a ground floor guest bathroom - Through living/dining rooms - Separate kitchen with gas burner, extractor hood and - fridge freezer - Air-con throughout - Part furnished - Garden with established planting - Covered carport for two cars Development facilities: - Large public park - Clubhouse with swimming pool, sauna and gym - Playground - CCTV - 24-Hour security
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.
Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.
In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota.
This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.
After you have found the right property at The Masterpiece Scenery Hill you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately $583 1st Installment Upon contract signing 10% 2nd Installment On handover 90%
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.