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For sale two houses 4,000,000 Baht, price for each house 2,000,000 Baht. The house is located in the gated village of La Vallee Ville in Hua Hin. The house has 2 bedrooms / 1 bathroom / 1 kitchen / 1 spacious living room, there are all necessary utensils, a refrigerator, a microwave, and a small electric stove. All rooms are equipped with air conditioning, furniture, two TVs, WiFi internet and a small area with parking. Water pump and standby water tank 1000l. Installed electricity and water meters. 24-hour security / inspection of the village every hour. Swimming pool, gym, in the center of the village park and playground. For convenience, there is a technician (Maintenance of the village, maintenance fee of 9,000 baht per year.)
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 La Vallee Ville Huahin 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.