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Land Size: 224 sq.m Leasehold (can be converted to Freehold) Property Highlights • Main House: Spacious and ideal for family living• Separate Guest House: Perfect for visitors or extra privacy• Private Swimming Pool: Perfect for relaxation and leisure• Fully Equipped: Includes washing machine, dryer, and dishwasher• Comfortable Living: High-quality air conditioners in every room Recently Renovated for Modern Living Pet Policy Available Upon Request Secure Gated Community with Peace of Mind Nearby Amenities • 5 mins to Robinson Chalong Mall• 10 mins to BCIS School• 10 mins to Oak Meadow School• 15 mins to KIS School (Wichit)• 18 mins to Rawai Beach• 21 mins to the Hospital• 19 mins to Central Festival Mall• 20 mins to Headstart School• 25 mins to Patong
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.
After you have found the right property at Mono Loft Villas Palai 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.