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Welcome to the VIP Galaxy Villas and an opportunity like no other - a chance to purchase your own slice of paradise that can be yours for life! This beautiful 569 SqM 3 bedroom 3 bathroom villas is the dream home you and your family have been looking for. Located in Rawai, Phuket, the villa is part of a luxurious development and was recently completed in December 2022 so you can be sure it's in perfect condition! For a base price of ฿27,849,860 (฿48,945/SqM) you'll definitely be getting your money's worth. This villa is perfect for those looking for an investment property in a prime location. It's just steps away from delicious Thai cuisine, boutique shops and a bustling night life. Plus, you can enjoy the stunning views of the Andaman Sea from your own backyard and explore the nearby beaches, hidden trails, and even do some snorkeling and scuba diving!This is an amazing opportunity that doesn't come around often. If you want to start living the life you've always wanted, now is the time to call us and enquire about the property. Come experience the beauty of Phuket and all it has to offer here at the VIP Galaxy Villas!
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 in their own name. The options for a foreigner to make use of the land are via a long-term lease or by investing in a Thai company that owns the land.
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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.
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:
After you have found the right property at VIP Galaxy Villas you have to follow these steps:
Installment Milestone Payment Deposit Immediately ฿250,000 1st Installment Upon contract signing 30% 2nd Installment The completion of foundation,concrete foundation,and pilling down 20% 3rd Installment The completion of the constructure columns, walls and roofs 20% 4th Installment The starting of the the interior design work 20% 5th Installment On handover 10%