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Fulcrum is a boutique urban real estate investment firm born from the belief that value can be created for all stakeholders at each phase of the investment cycle. With a strong portfolio acress all asset class, its team of expert offers cutting edge strategies mitigating risk through granular due diligence. Their visionary perspective on the market is based thorough research and a deep understanding of long term drivers in communities. Through its meticulously execute businedd plans and exit strategies, Falcrum boasts a stella track record that establishes its strength in action.
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.
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.
#1 - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?
After you have found the right property at Panara Villa you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment
Panara Villa is conveniently located just 260 m from 7-11, which can be reached within 3 mins. by foot.
There are many other shops situated in the area of Panara Villa, the 3 closest being:
- AT Car Paint Garage is 330 m away (about 4 mins. by foot)
- Nobra girl is 840 m away (about 10 mins. by foot)
- Supa chai shop is 800 m away (about 10 mins. by foot)
The surrounding area, where Panara Villa is situated, offers a wide variety of restaurants. See the closest of them below:
- Pak Tai Pak Tai Shop (Branch 2) is 70 m away (a walk of about 1 min.)
- Ancient coffee shop coconut smoothie is 70 m away (a walk of about 1 min.)
- Noodle with chicken and beef stew is 70 m away (a walk of about 1 min.)
Chularat 3 InternataionalHospital / IMC is the nearest health facility, which is 2.2 km away (you can drive there in 3 mins.) from the project, while the closest schools in the proximity of Panara Villa are:
- Catch Kindergarten School is 340 m away (about 4 mins. by foot)
- Anonane Nursery is 4.9 km away (an approx. drive of 9 mins.)
- Bangna Demonstration School is 1.4 km away (an approx. drive of 3 mins.)
Suvarnabhumi Airport is located 22.0 km from Panara Villa and it takes about 30 mins. by car or taxi (depending on the traffic) to get there.