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Presenting a magnificent opportunity in a sought-after locale, this impressive property is part of the renowned The Bay SkyCliff project in Talat Yai, Phuket. Completed in August 2016, the house is both visually stunning and functionally formidable, exuding charisma and flair.Offering 205 sqm of living space, the house comprises three double bedrooms and three bathrooms. The internal layout provides a wealth of desirable features, all of which have been flawlessly crafted with the highest levels of quality and meticulous attention to detail in mind.Externally, the house benefits from dedicated parking, while outside space includes a sizeable garden. The aesthetic of the building manages to blend seamlessly into the context of its surrounding area, perfectly positioning this property within the local sphere.House hunters in search of a luxury property will not be disappointed by the sheer class and sophistication present in this abode. A base price of ฿5,394,500 (฿26,315/SqM) provides a first-rate opportunity to own an exquisite abode in a location that many will envy. Do not miss out – enquire today to learn more about this unparalleled property.
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.