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Relinquish the confines of civilization and venture into Utopia Maikhao, a magnificent (SqM) 148 villa that is sure to ignite a sense of delight upon inspecting it's stunning exterior and interior. This property is situated in Mai Khao, Phuket and is part of the wondrous Utopia Maikhao project, which was completed in December of 2020. Feast your eyes upon the villa's two full bedrooms, two and a half bathrooms, a blissful living area, and a swimming pool ready to take the plunge. Boasting floor-to-ceiling windows, a European style kitchen, and unparalleled views of the ocean, there is no shortage of things to revel in. Relish the sunsets from your balcony as you overlook the cozy landscape, an ideal backdrop for a lavish dinner or mid-afternoon pick-me-up. Now, it's time to consider your wallet. "Wouldn't it be nice to have a villa like this one?" We thought so, too. The base price for this stunning villa? A mere ฿15,750,000, coming out to ฿106,419 for each square meter of the villa. Now, the only question that remains is, are you ready to take the plunge? If you're looking to take a leap of faith and experience the beauty of living in Mai Khao, Phuket, then this 148 SqM and two bedroom two and a half bathroom villa is an opportunity you cannot miss. Why not get in touch with Utopia Maikhao today to enquire upon this incredible deal?
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 Utopia Maikhao 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.