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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 HOF Udomsuk you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment
HOF Udomsuk is conveniently located just 450 m from Kirati Mini Mart, which can be reached within 6 mins. by foot.
There are many other shops situated in the area of HOF Udomsuk, the 3 closest being:
- PTC Gas Leader and Service Co.,LTD. is 550 m away (about 7 mins. by foot)
- Makro Food Service Udom Suk is 560 m away (about 7 mins. by foot)
- Wattana Panich shop, Anchor brand is 650 m away (about 8 mins. by foot)
The surrounding area, where HOF Udomsuk is situated, offers a wide variety of restaurants. See the closest of them below:
- Papaya Salad with Nong Jane is 120 m away (a walk of about 1 min.)
- Food as ordered at Grandma's restaurant is 290 m away (a walk of about 4 mins.)
- Pa Bunnam Restaurant is 210 m away (a walk of about 3 mins.)
Charmer clinic Udomsuk branch, Roi Mai, Botox, Fillers, Fat dissolving, Cheek reduction is the nearest health facility, which is 610 m away (you can walk there in 7 mins.) from the project, while the closest schools in the proximity of HOF Udomsuk are:
- Poonsap Kindergarten is 220 m away (about 3 mins. by foot)
- Rungruang Upatham School is 220 m away (about 3 mins. by foot)
- Taekwondo School, Thiraphruek Bangna is 390 m away (about 5 mins. by foot)
0 is located 0 from HOF Udomsuk and it takes about 0. by car or taxi (depending on the traffic) to get there.