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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 Bann Hengcharoen 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.
Bann Hengcharoen is located 3.6 km away from 7-Eleven and it can be reached within 7 mins by car.
There are many other shops situated in the area of Bann Hengcharoen, the 3 closest being:
- Fresh pork shop CP Kor Kor 137 is 1.1 km away (an approx. drive of 2 mins.)
- YuiNett.house is 920 m away (about 12 mins. by foot)
- Warehouse Cargill Co., Ltd. is 3.1 km away (an approx. drive of 7 mins.)
The surrounding area, where Bann Hengcharoen is situated, offers a wide variety of restaurants. See the closest of them below:
- Laab Ja Daeng 4 is 1.3 km away (approx. 3 mins. by car)
- Thieves Basil Shop is 520 m away (a walk of about 6 mins.)
- two brothers kitchen is 420 m away (a walk of about 5 mins.)
Korat Health Center is the nearest health facility, which is 5.8 km away (you can drive there in 10 mins.) from the project, while the closest schools in the proximity of Bann Hengcharoen are:
- football pitch is 1.1 km away (an approx. drive of 3 mins.)
- joho academy is 900 m away (about 11 mins. by foot)
- UD Driver Driving School Field is 890 m away (about 11 mins. by foot)
Nakhon Ratchasima Airport (NAK) is located 25.2 km from Bann Hengcharoen and it takes about 33 mins. by car or taxi (depending on the traffic) to get there.