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Explore 4 bedrooms, 4 bathrooms pool villa, boasting 340 SQM of luxurious living space, nestled within the prestigious Platinum Residence Park project in Rawai, Phuket. Situated a mere 1.3 km from shops, restaurants, bars, and the picturesque beach, it's the epitome of convenience. Enjoy the expansive terrace and low-maintenance garden, a TV room with a generous flatscreen, and a versatile play or office room. With the potential to convert into a 5-bedroom haven, this villa sits on a spacious 600 SQM land plot, offering plenty of room to roam. Dive into the sparkling 8x4-meter pool, park effortlessly in the indoor garage, and relish 24/7 security and tranquility. Modern comforts abound, including a hot water boiler, a fully-equipped European kitchen with Siemens appliances, and complete furnishings. Don't miss out on this Freehold Chanote gem, complete with 7 air conditioning units, designed for a lifetime of blissful living in tropical paradise.
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 Platinum Residence Park 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.