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Townhouse with five lower rooms and two large studios on the second floor, just minutes from Ao Nang beach. Lower rooms have a living room, bedroom, bathroom and outdoor space at the back for cooking. Upstairs units are large studio spaces, with plenty of natural light, breeze, curtains, fans and balcony. The building is 10 years old and in great condition. It could easily be upgraded, furnished and marketed for daily rentals. Monthly rentals currently yield approximately 8% return at the listed sale price. The land title is chanote and the land size is 94.1 sqw, 376.4 square meters.
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.