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You won't find a better investment than this outrageous villa! This show-stopper is located in Choeng Thale, Phuket and is part of the Laguna Park 2 project, soon to be completed in Sep 2023. With five bedrooms and five bathrooms, this spacey villa covers 417 SqM of your own paradisal piece of heaven. On top of that, the base price starts at an incredibly pocket-friendly ฿27,000,000 (฿64,748/SqM). You could be having the time of your life in your own luxurious villa in Phuket. Imagine wake-up calls with the sun's warm rays peeping through your window, lapping up all of Phuket's charm in the day time and kicking back in elegance and comfort in the evening. As if that wasn't enough, you save yourself so much hard earned money compared to other options. So why wait? Make your dreams come true and enquire about this outstanding villa today! Whether it's harvesting an investment or the makeshift home away from home you deserve, this villa is the perfect option for you.
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 Laguna Park 2 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.
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