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Great quality 4 bedroom & 4 bathroom pool villa on completed development offering spectacular views. This villa features a spacious open plan living, dining and modern European kitchen. It also comes with a covered patio including a BBQ area and electric sun blinds facing the pool. One en-suite bedroom has a separate entrance which is ideal for guests. The large garden comes with a bamboo sala that is equipped with a fan and electric outlets. The garden also has an outdoor shower as well as a bathroom. The patio offers unblocked views over lush greenery and utmost privacy due to not directly facing any neighboring buildings. Two of the bedrooms are currently used as an office and a sewing room but could be easily converted into bedrooms again.
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 Mali Residence 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.