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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 Loft Baantung 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.
Loft Baantung is conveniently located just 750 m from 7-eleven Ban Pa Khlok, which can be reached within 9 mins. by foot.
There are many other shops situated in the area of Loft Baantung , the 3 closest being:
- Thailand Fishing Mall Branch 1 is 6.9 km away (an approx. drive of 9 mins.)
- Noo Mai Used Cars (Pa Khlok) is 3.8 km away (an approx. drive of 5 mins.)
- Toys House shop is 4.1 km away (an approx. drive of 7 mins.)
The surrounding area, where Loft Baantung is situated, offers a wide variety of restaurants. See the closest of them below:
- Fatma Halal Restaurant is 1.0 km away (approx. 2 mins. by car)
- Nai Ot Noodles, Ban Pak Injection is 800 m away (a walk of about 9 mins.)
- Suriya's Kitchen at Baan Pa Khlok is 800 m away (a walk of about 9 mins.)
Baan Rak Ya Pharmacy is the nearest health facility, which is 2.5 km away (you can drive there in 4 mins.) from the project, while the closest schools in the proximity of Loft Baantung are:
- Sin Sunthon Bamrung School is 6.9 km away (an approx. drive of 9 mins.)
- Paklok Municipality Kindergarten School is 2.8 km away (an approx. drive of 5 mins.)
- Thalang Tutor Center Phuket Tutoring is 6.1 km away (an approx. drive of 9 mins.)
Phuket International Airport is located 22.6 km from Loft Baantung and it takes about 27 mins. by car or taxi (depending on the traffic) to get there.