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This imposing 904 SqM villa, located in the Manick Hillside project in Si Sunthon, Phuket, is a prima facie example of modern living. Boasting 4 spacious bedrooms, 5 bathrooms and an impressive 10-month construction timeline, this premier property is an ideal residence for anyone looking to achieve grandiose living aspirations. Situated in a valley of lush, tropical foliage and overlooked by a lush hillside, this villa offers an unparalleled immersion into the fullness of nature. Every nuance is carefully considered within the villa's expansive square meters, a veritable symphony involving a combination of modern and classic aesthetics throughout each corner of the interior. The villa itself can serve numerous purposes, whether it be a primary residence, a family home, holiday home, or an investment opportunity. With an attractive base price of 72,000,000 (฿79,646/SqM), this is definitely a property that should be given proper consideration by prospective purchasers. All in all, this villa has much to offer as a residential setting, as well as a viable long-term investment opportunity. Given the quick completion pace, this property is sure to appeal to an eager public looking to secure a perfect address in the Southern Province of Phuket. Get in touch today and find out why this villa is the perfect candidate for your next big purchase.
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 Manick Hillside 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.