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Price: 8.5 million baht Features: 4 bedrooms 3 bathrooms 2 living rooms 1 kitchen 2 parking spaces Land size: 53.5 sq.w (approx. 214 sq.m) Usable area: 213 sq.m Free Offers: 4 air conditioners (one for each bedroom) Free common area fees for 1 year Bathtub in master bedroom Gardening according to Supalai standards Home automation system Common Areas: Swimming pool Gym Playground Green garden 24-hour security Basketball court Skateboard court This corner unit offers plenty of amenities and free gifts, making it a great deal for families or investors.
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 Supalai Palm Spring Banpon Phuket 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.