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This exquisitely designed, two bedroom, two bathroom property offers unparalleled modern living in the picturesque Villa Medica development, in Pa Khlok, Phuket.The house measures 130 SqM and is the perfect opportunity for anyone seeking a residential investment, with the town of Pa Khlok offering a multitude of conveniences for all lifestyles.Originally completed in December 2015, the property has been well-maintained over the years, and its spacious interior has been thoughtfully designed and exquisitely finished to provide a tranquil abode ideal for everyday living.The two bedrooms offer generous sleeping areas, while the two bathrooms are both fully equipped and tastefully finished with contemporary décor.The property further benefits from an enclosed garden and off-road parking, along with access to a communal pool and an on-site gym.The property is available for sale for a base price of ฿19,970,000 (฿153,615/SqM) - making it an ideal investment for anyone seeking unique Thai living. Given its exemplary finish and seemingly endless list of modern amenities, this opportunity should not be missed. Enquire today to arrange a viewing.
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 Villa Medica 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.