driver52 Posted July 16, 2021 Share Posted July 16, 2021 As a foreigner can I lease some land for say 20-30 years in order to build a property on it? Don't care what happens after that time, I'll have had my moneys worth as far as the property is concerned lol Thanks Link to comment Share on other sites More sharing options...
blackcab Posted July 16, 2021 Share Posted July 16, 2021 Yes. 2 Link to comment Share on other sites More sharing options...
rwill Posted July 19, 2021 Share Posted July 19, 2021 You can get a lease up to 30 years. If offered a lease of more than 30 years it is not really valid beyond 30 years. 1 Link to comment Share on other sites More sharing options...
driver52 Posted July 19, 2021 Author Share Posted July 19, 2021 11 minutes ago, rwill said: You can get a lease up to 30 years. If offered a lease of more than 30 years it is not really valid beyond 30 years. Cheers, any idea what sort of prices the leases for go? Link to comment Share on other sites More sharing options...
malt25 Posted July 19, 2021 Share Posted July 19, 2021 30 minutes ago, driver52 said: Cheers, any idea what sort of prices the leases for go? My guess is that it would depend on the size & location of the land. 1 Link to comment Share on other sites More sharing options...
LukKrueng Posted July 19, 2021 Share Posted July 19, 2021 31 minutes ago, driver52 said: Cheers, any idea what sort of prices the leases for go? That would depend on location and the current use of the land. Before you lease you should check if allowed to build a house there (usually it's allowed on any land with full chanot (N.S.4) but better check before you pay. 1 Link to comment Share on other sites More sharing options...
driver52 Posted July 19, 2021 Author Share Posted July 19, 2021 3 minutes ago, malt25 said: My guess is that it would depend on the size & location of the land. sure was just wondering on a 'ball park figure' for say 1 rai in 'not too expensive' area Link to comment Share on other sites More sharing options...
DPKANKAN Posted July 19, 2021 Share Posted July 19, 2021 Yes but check the land paper titles, as my lease back was not registrable!!! I believe only top 2 are.???????????????? 1 Link to comment Share on other sites More sharing options...
bbabythai Posted July 19, 2021 Share Posted July 19, 2021 A registered lease at the land office is deemed to be 'real property'- keep evidence that the tax has been paid. Its solid as a rock.. unless the terms of the lease are not adhered to. 1 1 Link to comment Share on other sites More sharing options...
blackcab Posted July 19, 2021 Share Posted July 19, 2021 10 hours ago, driver52 said: Cheers, any idea what sort of prices the leases for go? It varies. Are you going to pay the entire sum up front, or pay it yearly? It's not unusual for the price of a 30 year lease to be equivalent to the cost to buy the land. 1 1 Link to comment Share on other sites More sharing options...
driver52 Posted July 19, 2021 Author Share Posted July 19, 2021 5 hours ago, blackcab said: It varies. Are you going to pay the entire sum up front, or pay it yearly? It's not unusual for the price of a 30 year lease to be equivalent to the cost to buy the land. yeah I guessed the price wouldn't be much different to buying but I guess I'll pay the price for being an ugly foreigner lol ???? what discount do you get for paying it all up front? Link to comment Share on other sites More sharing options...
blackcab Posted July 19, 2021 Share Posted July 19, 2021 3 hours ago, driver52 said: what discount do you get for paying it all up front? Quite a substantial percentage in the right circumstances. Especially when money is tight for the lessor. 1 Link to comment Share on other sites More sharing options...
brianthainess Posted July 20, 2021 Share Posted July 20, 2021 What happens if the lessor dies, could the land be sold from under you? therefore making the lease null and void.? Link to comment Share on other sites More sharing options...
blackcab Posted July 20, 2021 Share Posted July 20, 2021 Any lease longer than 3 years must be registered at the land office and recorded on the back of the title deed. The relevant tax must be paid. Once this is done the lease becomes a real property right. The owner can sell the land, but the new owner is obliged to honour the lease. If the owner dies, the beneficiary is obliged to honour the lease. A lease that is correctly recorded on the title deed cannot be arbitrarily cancelled by the owner. 1 1 Link to comment Share on other sites More sharing options...
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