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Welcome to Phuket Villa Chaofah 2! This three-bedroom, two-bathroom house is the ideal place for a family to call home. With 142.96 square meters of tastefully designed space, the villa provides plenty of room for any family to make long-lasting memories in. Completed in 2014, the property is part of a highly sought-after project in Wichit, Phuket and is available for both sale and long-term rental options. This elegant villa boasts an exquisite, modern layout that is sure to capture any potential buyer's interest. From its grand, airy living room to its spacious kitchen and inviting bathrooms, the villa is the perfect place to appreciate the comforts of home. The pleasant atmosphere of the property further extends to its well-designed bedrooms, offering plenty of room for families to relax in. What's more, the property is offered at an attractive (40,571 THB per square meter). Amidst Phuket's existing market, buyers can benefit from this convenient, competitively priced property. For those looking for a long-term rental option is also available.
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 Phuket Villa Chaofah 2 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.