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Welcome to The Residence, an exquisite luxury Smart Home Development nestled in the heart of Thalang, Phuket. These breathtaking villas are crafted with innovation and cutting-edge technology, providing unparalleled convenience right at your fingertips. Even before your arrival, you can effortlessly customize the environmental conditions of your home and so much more. Conveniently situated 15 minutes away from one of Phuket's finest beaches, a mere 10 minutes from an esteemed international school, and a short 25-minute drive from the airport, these developments are tucked away in a rare hidden gem, boasting a perfect blend of prime location, stunning beauty, and unique architectural charm. The residence prime villa Location Bandon-Cherngtalay, Thalang. This property is a 352 Sqm. villa with 3 bedrooms and 3 bathrooms for sale and ready to move in.
Project NameThe Residence
Land Area: 8,769.60 sq. m.
Project Owner: Andaman Asset Solution Co., Ltd.
Concept Design: Urban Life VillaUnit Size: Approximately 350 Sq.M. of useable space
Room : 3 Bedrooms, 3 Ensuite Bathroom, 2 Restrooms
Project Facility ; Clubhouse Common Pool Co-working Space Fitness Security Reception
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 The Residence 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.