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What do you do when you're presented with the perfect opportunity to secure a touch of elegance without breaking the bank? You rush over to the breathtakingly beautiful Ozone Condominium project in Pa Khlok, Phuket and keep your eyes peeled for the newest addition to the neighbourhood – a magnificent, 70 SqM condo that blends sublime comfort with bounty of sophisticated features. Situated on the 8th floor and completed only in February 2019, this pristine property is sure to capture an enquiring eye with its mesmerizing ambience, stylish finish, and range of high end inclusions. Brightly lit, the unit's spacious and airy bedroom presides supremely over a modern bathroom, smart kitchen, and an alcove living or dining area. Letting out to a sweeping vista of lush greenery, and commanding a simply unbelievable base price of ฿5,550,000 (equating to ฿79,286/SqM), this ultra-affordable one bedroom dwelling offers incomparable value as well as vast potential for craft-savvy and budget conscious buyers alike. Delicately combining graceful charm with the promise of a chic lifestyle, indulge in unparalleled affordability and peruse the possibilities offered by this captivating abode. Be sure to enquire soon about this truly tantalising opportunity before you miss out – and the rest each of your serene dreams come true.
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 Ozone Villa 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.