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Are you ready to own a premium piece of townhouse paradise? This fantastic property is part of the highly sought-after The City Connect project and it's just waiting for you to give it a new home. It's a 216 SqM townhouse that could be yours for a moderate base price of ฿5,590,000 (which works out to be ฿25,880/SqM!). You'll get 3 bedrooms and 4 bathrooms as part of this sweet property setup, so you'll have plenty of room. Plus, it'll feel like new since it was completed back in December 2013. So don't wait, come take advantage of this stunning piece of townhouse paradise. Enquire now and take the next steps to making this property yours. Hop to it – you know you want to!
Foreign nationals can own the building (townhouse) 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.
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 City Connect 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.