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This 3-bedroom villa designed in a modern luxury style is available for sale with the best offer at only 18THB million. The villa is spacious and fully furnished with leading brand furniture as it comes with 3 bedrooms, 3 bathrooms, a private pool, a private shady garden, terrace, covered parking, a full western kitchen, etc. Besides, the villa is occupied in a prime location only a few minutes from Layan Beach and only 5 minutes to the Laguna area, allowing you to access everywhere easily. However, this villa is ideal for investment because it will give high profit in the future and is also perfect for those who love to spend vacation time in a tranquil ambiance.
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 Luna 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.
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