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You can now be the proud owner of a stunningly chic villa in the rapidly developing Villa Sumalee project in Rawai, Phuket. Boasting a grand total of 108.80 SqM, this property offers a total of two separate bedrooms and three impeccably stylish bathrooms - all of which was constructed in a highly refined Dec 2017 build. What's more, you can acquire this abode for the bargain price of ฿6,760,260 (฿62,135/SqM). Every detail of this property has been crafted with meticulous care, from the highly polished porcelain tiles to the perfectly aged wooden fixtures. The serene setting of the Villa Sumalee project ensures you can take your time to appreciate its beauty while enjoying the inviting atmosphere of Rawai's rapidly rising commercial scene.For those who like their creature comforts, this property features all the modern necessities in both the kitchen and the bathrooms, including elegant fittings and stylish appliances. There's also a neat terrace area with access to the swimming pool and your fascinating shared gardens, so you can take your relaxation to the next level.Do not pass up this opportunity to snap up a stunning modern villa with two bedrooms and three bathrooms for only ฿6,760,260 (฿62,135/SqM). Enquire today to start your journey to the tranquil setting of Villa Sumalee."
Foreign nationals can own the building (house) in their own name but not the land that it stands on.
Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.
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 Villa Sumalee 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.
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