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Samui seaview villa on huge land at Santikhiri Estate, on southern coast of Samui, located on a tropical hillside with gorgeous view to Gulf of Thailand. (Selling price, not negotiable). The THB price is governed by the prevailing exchange rate. The villa features a very large main floor with living room, dining room and kitchen, 2 large bedrooms and 3 bathrooms, plus 1 mezzanine which can be converted to a guest bedroom or office. Outdoors there is a large terrace with sala, facing south west to islands, mainland and sunsets. A mature and lovely garden with water features. Further, large parking area. The villa is situated next to the communal estate pool and yoga sala, with no direct neighboring properties, thus at a very private location. Special features: Sea&Mountain view, Large Plot The property is privately owned with chanote and sells partly furnished. Villa completed in 2016. Compulsory maintenance fee 220,000 THB/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.
Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.
In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota.
This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.
After you have found the right property at Santikhiri Estate you have to follow these steps:
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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