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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 Regal Hope 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.
Regal Hope is conveniently located just 190 m from 7-Eleven, which can be reached within 2 mins. by foot.
There are many other shops situated in the area of Regal Hope, the 3 closest being:
- Seven Casino Kai, Land Department Soi 4 is 3.1 km away (an approx. drive of 9 mins.)
- Thepprasit Materials is 3.5 km away (an approx. drive of 8 mins.)
- Tukcom Pattaya is 3.7 km away (an approx. drive of 10 mins.)
The surrounding area, where Regal Hope is situated, offers a wide variety of restaurants. See the closest of them below:
- Burger n 'Co is 130 m away (a walk of about 2 mins.)
- Indian Food is 160 m away (a walk of about 2 mins.)
- Zabb Northeast is 170 m away (a walk of about 2 mins.)
Dong Dong Pharmacy HH is the nearest health facility, which is 670 m away (you can walk there in 8 mins.) from the project, while the closest schools in the proximity of Regal Hope are:
- IDC Pattaya is 410 m away (about 5 mins. by foot)
- Scuba Diving Pattaya Asia is 3.3 km away (an approx. drive of 9 mins.)
- Adventure Divers is 1.7 km away (an approx. drive of 5 mins.)
APAS Co., Ltd. is located 3.1 km from Regal Hope and it takes about 9 mins. by car or taxi (depending on the traffic) to get there.