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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.
After you have found the right property at Eakmongkol 5/1 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.
Eakmongkol 5/1 is conveniently located just 40 m from 7-Eleven, which can be reached within 1 min. by foot.
There are many other shops situated in the area of Eakmongkol 5/1, the 3 closest being:
- Lotus Express Kao Talo Branch 3 is 140 m away (about 2 mins. by foot)
- 7-11 Rong Phet Market is 210 m away (about 2 mins. by foot)
- 7-Eleven is 340 m away (about 5 mins. by foot)
The surrounding area, where Eakmongkol 5/1 is situated, offers a wide variety of restaurants. See the closest of them below:
- Soi Khaotalo is 10 m away (a walk of about 1 min.)
- Lotus Express is 10 m away (a walk of about 1 min.)
- Khrua Ruean Restaurant is 20 m away (a walk of about 1 min.)
Sawang Boriboon Rescue Point Chai Prit is the nearest health facility, which is 1.2 km away (you can drive there in 4 mins.) from the project, while the closest schools in the proximity of Eakmongkol 5/1 are:
- Baan High School Pool Villa is 1.0 km away (an approx. drive of 4 mins.)
- Pattaya City School 3 is 760 m away (about 9 mins. by foot)
- Burapa School is 1.3 km away (an approx. drive of 5 mins.)
APAS Co., Ltd. is located 4.6 km from Eakmongkol 5/1 and it takes about 12 mins. by car or taxi (depending on the traffic) to get there.