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Welcome to the lap of luxury! This amazing 540 SqM villa located in the desirable Beverly Hills project of Patong, Phuket is just begging for you to move in. Completed in December 2001 and boasting 5 bedrooms and 4 bathrooms, this property is the perfect place to call home or rent out short or long-term. The property comes complete with all the modern luxuries you would expect from a Beverly Hills project build, from the spacious living and dining area to the terrific entertaining spaces outside. With amazing space for guests or for the family to spread out, it is easy to see why this property has been on the radar of savvy investors for so long.In terms of location, it's hard to beat. Situated in the heart of Patong, the villa is only moments away from the amenities, attractions, entertainment and nightlife the vibrant town of Patong is known for. As well as being an easy drive to the beaches and other stunning locations in the beautiful province of Phuket.With a base price of ฿45,000,000 (฿83,333/SqM) and long term rentals starting from ฿175,000 per month, this fantastic villa does not come along often. Don't wait, contact us today and make this amazing property your own!
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.
Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.
In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota.
This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.
After you have found the right property at Beverly Hills you have to follow these steps:
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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