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This is an amazing opportunity to own an incredible villa right near Phuket's southern coast. Located in a Land and Houses Park project in Chalong, this 320 SqM villa is the perfect spot for easy living and ultimate luxury. With three bedrooms, four full bathrooms and a completion date of July 2008, you'll be able to enjoy a feeling of modern sophistication year-round. Relax in any of the properties inviting rooms and create beautiful spaces for your whole family. Plus, with a base price of ฿20,000,000, you won't be breaking the bank to own this beachside luxury. That's only ฿62,500 per SqM, a steal for a villa of this caliber. Set your sights on sunny Phuket and leave the rest to us. You've got nothing to lose and everything to gain by showing some interest in this exceptional villa. Make a move and reach out to learn more today!
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.
Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.
In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota.
This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.
After you have found the right property at Land and Houses Park you have to follow these steps:
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.