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Are you ready to put down roots in the prime property of your dreams? This exclusive 280 SqM house could be the perfect opportunity for you. Boasting 4 bedrooms and 3 bathrooms, this residence is part of the Baan Maneekram-Jomthong Thani project in the picturesque Wichit, Phuket. Constructed with superior quality in February 2003, this property is a top choice for buyers in the market seeking a luxurious place to call home. Ideal for luxury living, the residence is available for an affordable base price of ฿12,800,000 (฿45,714/SqM) for those looking to invest! Get in touch to book your viewing today and start the journey towards making this stunning property your perfect home.
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 Baan Maneekram-Jomthong Thani 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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