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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 Monchaya 4 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.
Monchaya 4 is conveniently located just 290 m from Tesco Lotus Express, which can be reached within 3 mins. by foot.
There are many other shops situated in the area of Monchaya 4, the 3 closest being:
- Soi Sai Mai 38 is 770 m away (about 9 mins. by foot)
- Chokdee Charoenyont, Branch 4, Saimai Zone is 560 m away (about 7 mins. by foot)
- Bravo Company is 520 m away (about 7 mins. by foot)
The surrounding area, where Monchaya 4 is situated, offers a wide variety of restaurants. See the closest of them below:
- Jae Kamrai Noodles is 140 m away (a walk of about 2 mins.)
- Butter Corn by North is 140 m away (a walk of about 2 mins.)
- Fahsai Chicken Rice is 140 m away (a walk of about 2 mins.)
Suksiri Pet Hospital is the nearest health facility, which is 580 m away (you can walk there in 7 mins.) from the project, while the closest schools in the proximity of Monchaya 4 are:
- Tasnarom School is 750 m away (about 9 mins. by foot)
- Alert Cadet, a tutoring institute for military preparation is 760 m away (about 9 mins. by foot)
- Center for Non-formal Education and Informal Education, Sai Mai District is 920 m away (about 11 mins. by foot)
Suvarnabhumi Airport is located 41.8 km from Monchaya 4 and it takes about 42 mins. by car or taxi (depending on the traffic) to get there.