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Altitude Development was founded by Mr. Chayaphon Hunrungroj along with his partner, Mr. Kwanchai Yingcharoenthawornchai in 2014. Altitude brand strongly engages in developing unique properties focusing on lifestyle, innovative design and premium locations. Our core business strategy is to develop a niche luxury projects in both high and low rise buildings utilizing relatively small plots of land in the most desirable locations. Altitude targets convenient areas for consumers where demand is high but supply is low.
As of August 2018, the Company’s registered capital was 190,000,000 baht consisting of 19,000,000 ordinary shares at a par value of 10 baht, with issued and paid-up capital of 190,000,000 baht.
With 15 years of experience in property agency and real estate consultation and the marketing of 30 projects consisting of condominiums and luxury houses, home offices and 8 years in property development with 9 projects and 6 international awards. We are fully committed to continually improve the excellence in our standards in order to better serve our clients.
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.
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.
#1 - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?
After you have found the right property at Altitude Mastery Sukhumvit you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment
Altitude Mastery Sukhumvit is located 1.5 km away from 7-Eleven, Udomsuk 42 Branch and it can be reached within 4 mins by car.
There are many other shops situated in the area of Altitude Mastery Sukhumvit, the 3 closest being:
- Boonwall is 890 m away (about 11 mins. by foot)
- Swangsilp Optical is 1.4 km away (an approx. drive of 5 mins.)
- Bangkok Beauty Exhibition, Thailand is 2.2 km away (an approx. drive of 7 mins.)
The surrounding area, where Altitude Mastery Sukhumvit is situated, offers a wide variety of restaurants. See the closest of them below:
- Young you have water is 490 m away (a walk of about 6 mins.)
- Margarita Restaurant and Bar is 440 m away (a walk of about 5 mins.)
- Margarita restaurant and bar is 440 m away (a walk of about 5 mins.)
Ace Medical Clinic is the nearest health facility, which is 420 m away (you can walk there in 5 mins.) from the project, while the closest schools in the proximity of Altitude Mastery Sukhumvit are:
- Chaloem Sat Sueksa Bang Na School is 1.6 km away (an approx. drive of 5 mins.)
- The Master Classroom is 470 m away (about 6 mins. by foot)
- Interact Images Co., Ltd is 570 m away (about 7 mins. by foot)
Suvarnabhumi Airport is located 30.5 km from Altitude Mastery Sukhumvit and it takes about 31 mins. by car or taxi (depending on the traffic) to get there.