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This phenomenal estate of the Akra Collection Layan 2 project could be yours! Get your hands on this soon-to-be-completed villa of soaring 360 SqM in the vibrant Choeng Thale area of Phuket. High on style and luxury, low on price due to its prime location. Boasting 3 Bedrooms and 3 Bathrooms, this haven in the sun is ready for you to transform it into an abode that is truly stunning!Sprawling over ultra-modern infrastructure, this property wastes no time in commanding the highest regard of tropical bliss. Take advantage of this deal that packs in so much value at an unbelievably modest price of ฿19,900,000 (฿55,278/SqM). Move in date is January 2024, so you have time to prepare in full swing to enjoy the perfect digital nomad lifestyle! Don't miss out; enquire now and become the proud owner of this spectacular villa.
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 Akra Collection Layan 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.