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The Phuket Villa Kathu 3 is a pleasant residential development designed to accommodate a variety of lifestyles and is conveniently located near essential locations including the Central Phuket Shopping Mall, Patong beach, Andamanda Phuket Water Park, and Chilva Night market. This residence was built by Phuket Villa Co., Ltd., a company with over 20 years of experience in Phuket, allowing it to provide a warranty and a guarantee to all owners.
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 Phuket Villa Kathu 3 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.