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This newly renovated house is in a very quite area of Saiyuan in Rawai. You can enjoy partial seaview from the 2nd floor balcony which can be used for many purposes such as barbeque for family.
Foreign nationals can own the building (house) 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.