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What an incredible opportunity! The Bukit Pool Villa project in Patong, Phuket boasts the most luxurious properties at a price you can't beat. Nestled in a quiet corner of the development is a modern 2 bed 3 bath townhouse, just waiting for the enterprising investor to make it their own. This immaculate 150 SqM townhouse is modern, bright and brimming with quality fixtures and fittings throughout. Enjoy a quality of life unlike any other with sumptuous living and sleeping areas and modern, eye-catching decor.The delightful kitchen is smartly decked out with the latest in high-spec appliances, capable of creating meals worthy of a top-class restaurant. Outside, the lush gardens are the perfect spots for unwinding and entertaining, whilst the rooftop sun deck offers unparalleled access to the tranquil atmosphere of Patong. Add to all of this the value-for-money price tag of ฿20,500,000 (฿136,667/SqM) and you have truly jaw-dropping property.This townhouse is ideal for any discerning real estate investor, who is looking to make a savvy purchase in the heart of Phuket that can even be used as a holiday home or rental. Don't miss out on this awe-inspiring opportunity - enquire now to secure the property of your dreams!
Foreign nationals can own the building (townhouse) 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 Bukit Pool Villa 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.