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An attractive investment opportunity!!!
The current owner offers to rent the villa back from the new buyer at 100,000 baht/month and pay all charges and fees (gardening, swimming pool, Common Area fees and utilities) and take good care of the house with no bother to the new owner.
An Exceptional HouseThe house in the prestigious Laguna Homes has a large balcony overlooking the widest section of the klong little canal, golf course, Cherngtalay hills and a most colourful sky at sunset. It is surrounded by a landscaped garden both in front and back. The front too has an open view.It has a large livingdining room upstairs that opens up to the balcony and a livingstudy room downstairs leading to a spacious verandahbar, swimming g pool area and a beautiful Sala. It stands on a plot of 950 sqm. It consists of a large bedroom and bathroom upstairs and two en-suite bedrooms downstairs plus the livingstudy room that can be used as a bedroom.The Sala in front and the driveway can accommodate three cars. It is fronted by a low level curved wall that does not obstruct the view of the lovely garden. The electric door is in proportion to the wall insize.The house, completed in , has been upgraded constantly. About five years ago, the entire Thai roof was replaced with a much more practical Balinese style roof and tiles that dont discolor. More recently all wooden windows have been replaced with alluminium frames and floors with elegant tiles more suitable for tropical climate, free of termite. Two of the three bathrooms have been totally remodeled in modern design. The teen-aged daughters room is a done in joyful pastel colours and has the unlimited view of the fairway and the hills.The family of three love the house and have taken extreme care of it. The reason they are selling it is because they want to downsize their residence as their daughter leaves for college in the near future.Extra information Both the swimming pool and one of the bathrooms has a Jacuzzi. The maids room has attached bathroom, TV, fan and opens out to the garden. Next to it is the store room. Also, a new laundry room has just been added to one of the bathrooms, near the maids room.The kitchen is a blend of Western and Thai style with a sliding door between the pantry and the kitchen. On top of the stairs is a hall leading to the Living room. This can be easily converted either into a guest room or a bathroom.There is storage cupboard attached to the wall on the side garden for implements and other stuff. A smaller structure near it is meant for storage of a gas cylinder for safety connected to the stove upstairs. There is both a gas hob and two electric hobs and an oven. The pool pump room is covered with ivy and fits well with the layout of the garden and a little herb area opposite it.
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 Laguna Homes 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.