Excellent advice from Thaivisa Property-90 year lease!

[ricklev]

Long term leasehold agreements

Another and all together more favorable and hassle free way for foreigners to own property in Thailand is to go down the route of opting for a long term lease, which is automatically renewable. Whilst this practice doesn’t obviously secure title ownership, long term leaseholds are incredibly common with foreigners buying property in Thailand and are also generally very secure.

Long term leaseholds are commonly used when purchasing property in a modern residential development in Thailand. Whilst the terms of such agreement will vary from one development or property to another, typically an initial leasehold will be taken out for a period of 30 years, with a further two signed agreements in place to extend each lease for another 30 years, resulting in a total lease of 90 years on the property.

http://property.thaivisa.com/can-foreigners-property-thailand/?utm_source=newsletter-20131020-1020&utm_medium=email&utm_campaign=news#.UmNi2nCf5cY

[soi41]

Going to be interesting to hear them explain that!!

[metisdead]

Please do not cross post the same topics across multiple forums as you have also here:

http://www.thaivisa.com/forum/topic/675856-thaivisa-property/

This one is now closed.