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2 bedrooms brand new villa for rent in Rawai. 2 bedrooms. 2 bathrooms. Fully equipped kitchen with dishwasher and oven. Cozy living and dining area. The villa is located in a gated community. Rawai 7 minutes to the Rawai beach 1 minute to Fresca restaurant, Stay Fit.
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 ฿200,000 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%