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Home For Rent: Royal Rachawadee Village, near Roong Aroon School and KMUTT Size 72 square two-meters (3 bedrooms /4 bathrooms/1 maid room/1 storage room/1 living room) 2 Floors with 4 car parks, mezzanine addition - Fully furnished furnitures : 3 beds, sofa with table, built-in kitchen counter with cooker hood, TV shelf, shoes cabinet, dining table, book shelf, wardrobe with dressing table, office desk - Fully electrical appliances : 4 air-conditionings, refrigerator, washing machine, microwave, television - Facilities : park, playground, fitness, swimming pool, 24-hr security - Nearby places: Roong Aroon School, KMUTT, Suanmark Market, Tungkru Market, Thonburirom Park, Central Rama2, The Bright Contract 1 year free common fee charge
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 Royal Rachawadee 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.