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This property is a 80 SqM villa with 2 bedrooms and 2 bathrooms that is available for rent. It is part of the The Passion Residence @Chalong project in Chalong, Phuket. 3 Compact New & Modern Houses for rent. Chalong Soi Big buddha house number Available for 2 units house number 86/65 Available for 1 units AREA : 160 sq.m with Garden area 2 Bedrooms 2 Bathrooms Modern Kitchen Included: High speed WiFi Pest control water from underground
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 The Passion Residence @Chalong 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.