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Welcome to your dream home in the spectacular The Greens project in Rawai, Phuket – adhering to the finest standards of world-class living at a fraction of the price. This tastefully designed 2-bedroom, 2-bathroom villa of 100 SqM spans across two levels, and was carefully constructed with traditional artisanal craftsmanship in Jan 2016. It is an exquisite example of how classic and contemporary accents can be combined to form a stunning harmony. The inspiring blend of the old and the new is seen in its interior design, incorporating traditional nature-inspired crafts such as intricate weaves, rich intricate patterns and vivid textures with touches of modern living. Add to this abundance of natural sunlight, nuanced aroma and simple décor, and you have a home which exudes peace and tranquility – a perfect retreat from the hustle and bustle of your everyday life. The master bedroom occupies the upper level, featuring a magnificent view of the property and immaculate furnishings. The second bedroom offers an array of options for sleeping arrangements - perfect for visiting family and friends. Even better, you can enjoy all the privilege of this luxurious home for the incredibly low price of ฿8,800,000 (฿88,000/SqM). There's never been a better time to join the exceptional The Greens project and enjoy the comforts and luxuries that come with it. Don't let this opportunity go to waste - enquire now and make this dream come true for your loved ones.
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.
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:
After you have found the right property at The Greens Phase 2 you have to follow these steps:
Payment Terms Installment Milestone Payment Reservation Deposit Upon contract signing ฿200,000 Down Payment Upon contract signing 40% 1st Installment Upon completion foundations 20% 2nd Installment Upon completion of roof slab 20% 3rd Installment Upon completion of lock-up stage (windows and door installed) 10% 4th Installment On handover 10%