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This property's location in Pa Khlok should be right at the top of your wish list! As part of the Villa Medica project, it offers absolutely everything you need for modern beachfront living. Having completed construction in December 2015, this 130 SqM house has 2 bedrooms and 2 bathrooms that exude quality and resort-style living. Picture yourself entertaining inside or out on the patio, unwinding in the living room or taking a dip in the pool. When the beach beckons, the shallow clear waters of Pa Khlok are only metres away and all those chic beachside restaurants and bars are within easy reach.This is a real lifestyle opportunity – a chance to wrap yourself in the beauty and tranquillity of this beautiful part of Phuket, while also benefitting from easy access to the amenities that make living here so convenient. All this combined, and the base price of only ฿21,770,000 (฿167,462/SqM), surely makes this a great investment. If you're calling this part of the world home or investing in your future, then now is the perfect time to enquire. This property is sure to be the envy of friends and family and is an opportunity you won't want to miss. "
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.