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This highly sought-after villa is situated within the grandiose 'The Greens' scheme in Rawai, Phuket. Devised for those in the pursuit of prime real estate, the opulent premises encapsulate a total area of 100 SqM, with two bedrooms and two bathrooms, and were realized in January of 2016. The economical structure of the residence boasts an actualized base price of ฿8,800,000 (or a modest ฿88,000/ SqM), sure to entice prospective buyers to consider the blooming opportunity. The well-cared for residence composes of a two-floor strategically engineered blueprint, ideal for those seeking the perfect combination of comfort and practicality. Those persistent with delving into an exhilarating coastal lifestyle will inspect its correlation with the advantageous location of Rawai, with the villa placing itself within a verdant, terraced corner of the district steps away from the everyday buzz of life. The residence is situated to provide unencumbered access to the island's amenities and attractions, including hectares of lush landscaping, pre-eminent leisure facilities, picturesque nature trails, and more. All in all, the villa supplies a marvelous and captivating environment, coupled with the ideal size and location, sure to appeal to those searching for their dream property in an idyllic locale. For these reasons, this villa epitomizes a prestigious lifestyle, if, that is, you're prepared to make a sophisticated investment. For further inquiries, do not hesitate to contact.
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.
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.
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:
After you have found the right property at The Greens Phase 2 you have to follow these steps:
Payment Terms Installment Milestone Payment Reservation Deposit Upon contract signing $5,850 Down Payment Upon contract signing 40% 1st Installment Upon completion foundations 20% 2nd Installment Upon completion of roof slab 20% 3rd Installment Upon completion of lock-up stage (windows and door installed) 10% 4th Installment On handover 10%