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Very lavish villa in Mountain View, Bang Saen A very lavish single storey villa in the residential area of Mountian View Residence in Bang Saen with its own lovely pool on a large corner plot. The villa has 2 bedrooms and 2 bathrooms, large living room and a very nice kitchen. The kitchen is equipped with stove and oven, microwave, refrigerator and freezer, as well as dishwasher, and water heater that operates with solar cells. The bathrooms are fully tiled, one of which has a bathtub. All rooms have AC, as well as very nice floor materials in all rooms. The entrance side of the villa has a large lovely covered terrace. At the back is the pool with a children's section and large patio deck, outdoor shower and a hall with table and chairs. The whole area is freehold and each plot is subdivided. The area is like a neighborhood that is inside a wall, which is common in Thailand. It is possible to buy the plot for those who can own land in Thailand for about 350,000 Baht. Lease fee: 9,000 Baht / Year Maintenance fee: 3,000 Baht / month
Foreign nationals can own the building (villa) in their own name but not the land that it stands on.
Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.
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 Mountain View Residence 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.
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