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Are you ready to make the jump into paradise living? This 'Villa Medica' beauty is a dream come true for those often daydreaming of a life of luxury and the finer things. We're talking 115 square metres of blissful living, two bathrooms, two bedrooms and a devilishly-affordable price tag of just ฿15, 470,000 (฿134,522/SqM) to make it all yours.Are you seeing stars yet? You should be – we sure are!This gem of a property is snuggled into the stunning tropical surrounds of Pa Khlok in Phuket, completing construction in December 2015 and drenched in natural sunlight. There's enough room for your family and friends, or simply for the two of you floating around in a living space that whispers of the current ‘in' style.You don't have to climb a mountain of debt to make this your home, either – the Villa Medica in Pa Khlok is a rare find at this price point.This could be the king of properties you own, the crown jewel of a portfolio, real estate gold that dazzles anyone who steps through the door. So bring your passport, a full wallet and some beachwear along, and get ready to enjoy life in the lap of luxury. Enquire now and you could be the one joining the cast of neighbours who've made the jump into paradise living – and taken this Villa Medica gem off the market.
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 Villa Medica 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.