- List your property - Free
- Sign up or Log in
-
English- en
-
USD - $
- Buy
- Phuket Property For Sale
- Phuket Real Estate
- See Newest Listings
- Why Buy with AsiaVillas
- Rent
- Sell
- Projects
- Advice
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 Mono Oxygen Bangtao Phase 2 you have to follow these steps:
Untitle Installment Milestone Payment Reservation Deposit Immediately 2% 1st Installment Sign Contract Within 30 Days. 23% 2nd Installment Completion of Piling & Foundation. 15% 3rd Installment Completion of Main Structure. 15% 4th Installment Completion of Roof, Walls and Patitions. 15% 5th Installment Completion of Floor Tiles and Wall Tiles. 15% 6th Installment Completion of Villa , Ready to Delivery and Occupancy. 15%