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This stunning 272 SqM villa is the perfect opportunity for investors to acquire a lavish and exquisite property in Phuket. Situated in the Nai Harn Baan Bua - Baan Pattama project, the villa boasts two expansive bedrooms and two tasteful bathrooms, ideal for a family to savor the joys of Thai life. Completed in 2008 and located in Rawai, the villa is available at an unmissable price of ฿17,507,450 (฿64,366/SqM).This delightful property has been crafted with skill and finesse to give its owner a living experience they will be unwilling to forget. From its inner elegance, to its tranquil environment, the air of sophistication and grandeur will surround you at all times. With an exceptional view of the lagoon and crystalline waters, it is perfect for a family to bask in the wonders of the sun. If a sense of security is desired, fear not, for the villa lies within a gated community for added reassurance.Investors take note; here is an absolutely fabulous villa within a highly sought-after location, with a price point that cannot be beaten. This is the opportunity of a lifetime; one could scarcely go wrong with a splendid property at extraordinary value. Don't waste your time, enquire now before it's too late!
Foreign nationals can own the building (villa) 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 Nai Harn Baan Bua - Baan Pattama 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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