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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 Tyme Rama 5 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.
Tyme Rama 5 is conveniently located just 70 m from 7eleven, which can be reached within 1 min. by foot.
There are many other shops situated in the area of Tyme Rama 5, the 3 closest being:
- Emmo autoshop is 630 m away (about 8 mins. by foot)
- River Time Fishing Shop is 930 m away (about 12 mins. by foot)
- Joe Necklace is 3.2 km away (an approx. drive of 8 mins.)
The surrounding area, where Tyme Rama 5 is situated, offers a wide variety of restaurants. See the closest of them below:
- Giant Kebab is 20 m away (a walk of about 1 min.)
- The shop wrapped rice at 25 baht per baht. is 20 m away (a walk of about 1 min.)
- Chanom YING POO is 40 m away (a walk of about 1 min.)
Ban Nam Non Pet Clinic is the nearest health facility, which is 830 m away (you can walk there in 10 mins.) from the project, while the closest schools in the proximity of Tyme Rama 5 are:
- Prasartvidhyanonthaburi School is 250 m away (about 3 mins. by foot)
- Hemaraj Thai Music Center is 3.1 km away (an approx. drive of 8 mins.)
- DEEP TISSUE MASSAGE TRAINING is 4.2 km away (an approx. drive of 8 mins.)
Suvarnabhumi Airport is located 46.7 km from Tyme Rama 5 and it takes about 46 mins. by car or taxi (depending on the traffic) to get there.