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𝗙𝗼𝗿 𝗦𝗮𝗹𝗲: SINGLE HOUSE FOR SALE / SUPALAI LAKE VILLE KOHKEAW (Under decoration) Location: Kohkaew. 𝙋𝙧𝙤𝙥𝙚𝙧𝙩𝙮 𝙛𝙚𝙖𝙩𝙪𝙧𝙚𝙨 (208 sqm.) 3 bathrooms Parking space, Home automation and security Water pump size 200 Wattage with water storage tank, size 2000 liters Curtains and Wallpaper 5 mins to Phuket Boat Lagoon and Royal Phuket Marina 15-20 mins to HeadStart Cherngtalay, HEI International School, Kajonkiet Cherngtalay 25-30 mins to the airport.
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 Supalai Lake Ville Phuket 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.