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PATTAYA POOL VILLA FOR SALE 3 Bed, 2 Bath, Living Room , Office/Pool Room, European Style solid Oak Kitchen, Pool with Jacuzzi, Covered Car Parking for up to 4 cars. 8 years old and built to western quality standards with high quality fittings and construction and maintained to high standards. Pool 3.5/4.5m wide 7m long with turquoise tiling and sandstone steps. Part furnished. Area:- Land 79Tw (316m2) Internal 110m2 External Covered 105m2. Maneeya Home, a quiet safe Estate with high quality properties just off Soi Chaiyaphruek 2 (Soi Khaomakok 1) near the Eastern National Sports Complex. Great location in greened area with easy access for everything you need:- 2 Minutes (1-2km) to large local market and 2 x 7-11, Tesco Express. Tesco Express 5 Minutes (2km) to Sukhumvit Road with all the main supermarkets and DIY stores. 10 Minutes to Jomtien Beach and main roads into Pattaya. Thai name, Transfer 50/50 (Current owner has lived in house for 8 years so lower transfer tax).
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 Maneeya Home 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.