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This townhouse (apartment) is near phuket old town only 5 minutes Good to renovate as boutique hotel Easy to walk to Phuket old town, big park and sea in town.
Foreign nationals can own the building (townhouse) 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.