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Calling all Thai villa aficionados! We've got a real winner for you! This eye-catching 130 SqM house is part of the Villa Medica project in Pa Khlok, Phuket and is sure to excite even the pickiest of renters. Oh, the possibilities! Whether your dream vacation involves hosting a luxe pool party or getting away from it all in the depths of Phuket, this property has it all. It's smartly designed with two bedrooms and two bathrooms, and was completed in Dec 2015 so you know it's the latest and greatest. Don't let the amazing beachfront location fool you. This house comes pretty cheap – ฿20,650,000 (฿158,846/SqM) – and provides a great investment opportunity. Take a look and you won't be disappointed! The screened windows will keep the bugs out while you relax in one of the two comfortable bedrooms, or you can hang out with friends in the open kitchen and be dining alfresco in no time. The bathrooms have been modernized and updated, so you'll have a luxurious experience. If your idea of paradise involves long, lazy days by the water, then why not do it in luxury with this one-of-a-kind property? Make sure to enquire fast and you could be the proud owner of your very own Thai villa for a song. Get in touch soon and you may just enjoy the vacation of a lifetime at this unbeatable price.
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 Villa Medica 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.