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A rare opportunity presents itself in the form of this incredible 354 SqM villa nestled into the prestigious Lux Neo project located in Bo Phut, Surat Thani. This masterful piece of estate is available to purchase and is sure to leave any potential buyer in awe of its grandeur and elegance. Despite its size, this villa offers an intimate yet spacious accommodation that doesn't skimp on the details, offering three bedrooms and three bathrooms, making it ideal for a family or for those who simply love to entertain friends and visitors. Built to last by the finest craftsmen, a unique blend of modern and classic amenities are woven into this remarkable residential dwelling, bringing a certain je ne sais quoi to the living space. Within 14 months of purchase, this isn't simply an opportunity to purchase a property, but to develop a home and make it your own. Bo Phut, Surat Thani is also renowned for its calm beaches and vibrant culture, placing this villa as an ideal location for a second home or private abode away from the hustle and bustle of urban living. For those looking to buy a villa, the base price of ฿19,800,000 (฿55,932/SqM) simply cannot be ignored and one can't help but fall head first into this luxurious property. You won't be able to resist the great deal of this earth shattering estate, so don't miss out on this opportunity and enquire now to make this villa yours.
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 Lux Neo 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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