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Established on July 2013, with an initial registered capital of Bt2,500 million, Nye Estate Co. Ltd, is one of Thailand’s leading property developers that display a distinct identity, innovative design, use of quality materials, functionality and commitment to greenery. The company serves diverse needs through several mixed use development, senior living village and residential projects including high- and low-rise condominiums, cluster homes, townhomes, single detached houses and villas.
Nye Estate’s brand vision is to be a top-quality property developer in Thailand. In order to achieve our brand vision, all our working processes are well designed to ensure the delivery of quality in every step of the development.
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 Cherkoon Sathorn-Ratchapruek 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.