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FOR SALE : 1 floor Modern, bright and renovated 2 bedrooms / 2 bathrooms pool (10x3,5m), high ceilings (4,5m),and a carpark VILLA in RAWAI . VERY QUIET AREA Only 4 villas in the “Village” I want to stay in the house after the deal (max 31 December 2024) and I pay rental 1 million baht for 1 year contract to deduce from buying price land 375 sqm living area 140 sqm 2bedrooms / 2bathrooms no maintenance fees / private well freehold/Thai company ( sold with the VILLA) Transfer fees 50/50
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 Coco Rawai Villas 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.