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The 3 storey villa was built in 1998 and is still in good condition but renovation/upgrade/facelift is preferred to restore its beauty. The two plots combined consist of 472 m2 and is probably best suited for construction of a new commercial structure. Next to these plots are some high-end commercial properties (Birdnest Patong,built on 360 m2 and Treehouse Villa Patong, built on 320 m2, see youtube) in operation. This area, a cul de sac, is very quiet, private and secure. The location, which is in Patong Beach, offers urban, mountain and generous sea views from every floor. Standing on the roof one could argue the house offers a 360 degree view of mountains and ocean. It is a really great location! The land is situated at 38-39 meters from sea level, which allows for 3 or 4 floor construction. The trees in front of the house are part of the garden. We are always willing to negotiate and consider your best offer.
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.