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After a long search for their perfect home, potential buyers will be pleased to find this incredible property for sale in isolated bliss in Talat Yai, Phuket. Available for just ฿5,690,000, it would be easy to see why it's a sale that should be seized upon. The house, part of the prestigious Bay SkyCliff project, offers an expansive 215 SqM of sheer luxury in a quiet corner of the island. Fortuitously, it is also finished to an exceptionally high standard, having only been completed in Aug 2016. Behind the sophisticated façade, potential inhabitants will be met with 3 sizeable bedrooms, ensuring everyone can comfortably settle in. They will also be glad to find 3 modern and sophisticated bathrooms for the utmost convenience. Given its locale, there are a variety of activities and locales to explore here. Buyers will enjoy easy access to the breathtaking beaches that make Phuket so special, as well as any number of special restaurants, bars and other recreation. Those who require shopping can make use of nearby centres too. Considering the property's convenient location and spacious size, ฿26,465/SqM is an unsurprising bargain. Buyers who choose to purchase this magnificent piece of prop erty in this idyllic location will be rewarded with a haven of luxury on the fringes of paradise. No matter the buyer's reason, they will find this property something truly unique. This is a sale that goes beyond bricks and mortar, taking them on the journey of a lifetime. Therefore, snatch this opportunity to purchase this idyllic house in Talat Yai quickly; it won't remain on the market for long.
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.
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 The Bay SkyCliff 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.