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The Villa Medica project in Pa Khlok, Phuket, is awash with an incredible opportunity to purchase a home at an enviable price in one of the most desirable areas of the country. This property boasts an impressive 130 SqM of living space, with two spacious bedrooms and two chic bathrooms, creating a hospitable atmosphere for its residents.Completed in Dec 2015, this stunning home is in a near-perfect condition. Buyers will be able to enjoy their purchase from the moment they move in, without having to face any costly repairs. Everything has been wrapped up tightly in a single dwelling, allowing a fuss-free move.Not only can buyers acquire a brand new home steeped in contemporary design, but all of this comes at a price of ฿21,770,000 (฿167,462/SqM) which is outrageously reasonable. Certainly, people looking to invest their money in a valuable property will find this attractive.Sprawled across a host of different levels, buyers will appreciate the impressive view they are able to capture from the east. Bask in warm morning light, whilst taking in the glimmer of a new day as you look out across the palm tree graced paradise.Offering generous proportions and a highly attractive location, this property offers luxury living at a rock-bottom price, making it an ideal consideration for those searching for a beautiful home on the Isle. With two bedrooms, two bathrooms and 130 SqM of living space, don't miss out on this incredible opportunity - enquire today!
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 Villa Medica 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.