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V Property Development was founded in 2009 by Sapphire Holding Group, an eminent gems exporter in Thailand. Regards to over 40 years of experiences in jewelry export business field, The Sapphire Holding Group has all been recognized in world-class market. And now, the company has expanded the new line of business to real estate development which is known as V Property Development Co., Ltd.
VTARA36 Condominium - Top of Low Rise Condominium at The Heart of Thong-Lor is the newest prime project after developing H Sukhumvit43 Condominium project.
V Property Development strives to develop only the real estate projects that can both render the ultimate living comfort which never compromise the exquisite design and tranquility and the supreme convenience of location on prime Sukhumvit area such as Phromphong and Thonglor.
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 THE VALOR Ramintra you have to follow these steps:
Unit selection and agreement of terms and conditions
Reservation Agreement
Reservation Deposit
Sales and Purchase Agreement
1st Contract Payment
Payment Installments
Snag List
Transfer
Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st Installment Upon contract signing ฿100,000 2nd Installment On handover 100% Untitle Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st Installment Upon contract signing ฿200,000 2nd Installment On handover 100%
THE VALOR Ramintra is located 1.7 km away from 7-Eleven and it can be reached within 6 mins by car.
There are many other shops situated in the area of THE VALOR Ramintra, the 3 closest being:
- Verify Auto is 950 m away (about 12 mins. by foot)
- bus stop Opposite Fashion Island Mall, Khan Na Yao Subdistrict, Khan Na Yao District, Bangkok is 8.4 km away (an approx. drive of 11 mins.)
- Be how Shop Promenade Branch is 7.2 km away (an approx. drive of 11 mins.)
The surrounding area, where THE VALOR Ramintra is situated, offers a wide variety of restaurants. See the closest of them below:
- The Wings Advertising Co.,Ltd. is 3.6 km away (approx. 8 mins. by car)
- Somtum Shop, Jay Muay Yai is 3.4 km away (approx. 7 mins. by car)
- Took Took To Go is 3.3 km away (approx. 7 mins. by car)
Baby is the nearest health facility, which is 780 m away (you can walk there in 9 mins.) from the project, while the closest schools in the proximity of THE VALOR Ramintra are:
- Kuoy is 290 m away (about 4 mins. by foot)
- I- HABS is 590 m away (about 7 mins. by foot)
- free spirit is 7.5 km away (an approx. drive of 14 mins.)
Suvarnabhumi Airport is located 21.9 km from THE VALOR Ramintra and it takes about 21 mins. by car or taxi (depending on the traffic) to get there.