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For sale or long-term lease (30 years) in the heart of Lamai, Colorize Boutique Building. Located beside Lamai Temple, across the street from Tesco and minutes to Lamai Beach. Includes hotel license for 38 rooms will small swimming pool, office, lobby and restaurant. Sale price: 40,000,000 THB Rental: 75,000 THB / Month + 4.5M THB key money
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.