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Luxury 5-storeys townhome for sales The Park Lane Ekamai-Thonglor, land 63 sq.wah, usable area 1,000 sq.m The only unique size and functional property 5 bedrooms 5 bathrooms 2 double volume living room 1 hometheatre, 1 work-out room with jacuzzi Kitchen and Maidroom Elevator Location: Ekkamai 12, Soi Pridi Banomyong 37 Very closed to Thonglor Near Ekamai International school Astra International school Adjacent to expressway and motorway
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 Park Lane 22 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.