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Are you ready to embark on the adventure of a lifetime? If so, then this stunning 205 sqm house is the perfect place to call home! Located in the breathtaking Bay SkyCliff project in Talat Yai, Phuket, this freshly-constructed abode offers incredible value at an unbelievably low cost!This property is the perfect balance between luxury and affordability, with three bedrooms and three bathrooms, each featuring the latest and greatest fixtures and amenities. Plus, with completion dating back to August 2016, you can rest assured that everything is in top-notch condition!At a base price of ฿5,394,500 (or ฿26,315 per square meter), this majestic residence is a great opportunity for home-buyers and real estate investors alike. But hurry! The spectacular scenery, peaceful atmosphere, and affordable price-point won't be around for long! So don't miss your chance - go ahead and inquire about this beautiful property 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 The Bay SkyCliff 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.