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Introducing the Wilawan Luxury Villas project, located in the exotic and majestic city of Thep Krasattri, Phuket. This prestigious development presents a truly remarkable opportunity to invest in the perfect vacation property.At the heart of the project is this impressive 360 SqM villa, boasting 3 bedrooms, 4 bathrooms and a host of luxurious amenities. Thoughtfully designed by seasoned professionals, the villa benefits from careful attention to detail, incorporating spacious living spaces and superior craftsmanship throughout. Part of the integrated Wilawan Luxury Villas development, this villa enjoys access to various leisurely pursuits at the onsite communal facilities. Residents also benefit from the added peace of mind of 24-hour security and access to the project's communal infrastructure. With construction scheduled to begin within 12 months of purchase, interested buyers can rest assured that their dream escape is just around the corner. Further enhancing the appeal of this highly attractive villa is an affordable base price of ฿20,054,000 (฿55,706/SqM). Don't miss this once-in-a-lifetime chance to make an enviable long-term investment in one of the most desirable regions in Phuket. Enquire now to discover more about Wilawan Luxury Villas and make your dream a reality.
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 Wilawan Luxury Villas 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.