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Ahoy, seekers of paradise! If you've been dreaming of the perfect Thai getaway, this Utopia Maikhao villa could be just the ticket. This 3-bed, 4-bath beachside haven is ready and waiting you. And what a property it is! this beauty stands 220 sqm of modern trappings, from sweeping lawns to luxe finishes. It was completed in December 2020 and packs enough punch to turn heads. It's tucked away in the cozy retreat of Mai Khao, Phuket, where fierce white beaches meet rolling palms – the definition of serenity. The price tag of THB 21,000,000 is pretty dang snazzy. Nip in at ฿ 95,455 per square meter and you'll have yourself a solid investment with plenty of bang for the baht. That's right, enjoy both your slice of idyllic paradise AND negotiate a wicked price at the same time. Grab your passport and enquire on this property – it could be the beginning of a remarkable journey, and you won't regret it. Seize this opportunity today, and let the palm-fringed paradise of Mai Khao introduce you to a life of unforgettable moments – the choice is yours!
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.
After you have found the right property at Utopia Maikhao 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.