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Charn Issara Development Public Company Limited is one of the forefronts in Thailand’s real estate development. For over the past three decades, we have grown dramatically and continuously not only in terms of financial turnover and employees, but also in our ability to offer new heights of quality living through housing innovations.
With expertise and experience in developing premier residential properties, we have long been an initiator and a leader of more than 20 award-wining property developments, ranging from single-detached houses, townhomes, condominiums and luxury villas. Additionally, we offer hotel management services and office space for rent complete with premium facilities. All of which are strategically located in an optimal location in support of every lifestyle.
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 Issara Residence Rama 9 you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment
Issara Residence Rama 9 is conveniently located just 250 m from N-Mart, which can be reached within 3 mins. by foot.
There are many other shops situated in the area of Issara Residence Rama 9, the 3 closest being:
- ByKhun Cafe at Medivisage is 190 m away (about 2 mins. by foot)
- Jessup beauty Thailand is 1.5 km away (an approx. drive of 5 mins.)
- royal jely is 2.1 km away (an approx. drive of 5 mins.)
The surrounding area, where Issara Residence Rama 9 is situated, offers a wide variety of restaurants. See the closest of them below:
- Thang Pad Pochana is 210 m away (a walk of about 3 mins.)
- Pork Noodle Shop is 350 m away (a walk of about 4 mins.)
- Duangjai Grilled Chicken is 250 m away (a walk of about 3 mins.)
TRA Clinic is the nearest health facility, which is 1.7 km away (you can drive there in 4 mins.) from the project, while the closest schools in the proximity of Issara Residence Rama 9 are:
- The Artist academy house is 760 m away (about 9 mins. by foot)
- Dauphine Palace is 520 m away (about 6 mins. by foot)
- G4S Security Services (Thailand) Co., Ltd. is 2.4 km away (an approx. drive of 6 mins.)
Suvarnabhumi Airport is located 24.1 km from Issara Residence Rama 9 and it takes about 23 mins. by car or taxi (depending on the traffic) to get there.