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Hey y'all, get ready to experience the quad-fecta of villa life, 'cuz this 220 SqM crib for sale at the Utopia Maikhao project kitted-out with three sleepez and four full baths is sure to blow ya socks off! Located in Mai Khao, Phuket, this pad will provide the best of the best in design, technology and luxury. When we say that this place is ready to move in and set up, we really mean ready - it was completed just last December, so you won't have to wait. As parta the package, you get top-notch smart home tech, sleek and spacious contemporary interiors, and an unrivaled view of the turquoise ocean. Is the cherry on this delicious cake price? 'Cuz this pad can be yours for the incredible low-low price tag of ฿21,000,000 - that's only ฿95,455/SqM, a complete steal! So don't think twice, ya best ya act fast and hit us up for a viewin' 'fore it's too late - this Utopia villa is gonna fly off the shelf!
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 Utopia Maikhao 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.