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Modern house with traditional Thai design in Cape Mae Phim. Cape Mae Phim Residence is a residential area with 26 villas built on a small mountain at the eastern end of Laem Mae Phim, Rayong with its 3 km long fine sandy beach. The villas are built in genuine traditional Thai style with many fine details in wood. The villa has two floors with one apartment on each floor. On the upper level, which also has a private saltwater pool, there is a living room and a kitchen with dining area in an open floor plan, two bedrooms with double beds and two fully tiled bathrooms. The kitchen is equipped with refrigerator and freezer, electric stove, cooker hood, oven, microwave and dishwasher. There is also a large terrace / pool deck between the pool and the living room. The lower level also has a living room and a kitchen in an open floor plan, as well as two bedrooms with double beds, a fully tiled bathroom and a fully tiled toilet. The kitchen is equipped with refrigerator and freezer, electric stove and cooker hood. There is also a large garage and a storage room. All bedrooms and living rooms have A / C. The bedrooms on the upper level also have ceiling fans and high ceilings. All floors have hardwood. Total living space 160 sqm. All furniture and fixtures are included in the price. The villa is located on a plot of 385 sqm where you lease the land with an annual fee of only 15,000 Baht. Of the current agreement of 30 + 30 + 30 years, about 80 years remain and they are transferred to the new owner. But there is the possibility for a Thai citizen to buy out the property in accordance with the current land lease. A very good opportunity to be able to buy land so close to the beach. The Cape Mae Phim area is like a large tropical garden overlooking the sea. There is a large communal 25 meter pool overlooking the whole of Laem Mae Phim. Next door is a well-equipped gym with air conditioning, as well as toilets and showers. The area is guarded 24 hours a day. If you are not satisfied with pool swimming, it is walking distance to the very nice and quiet beach Ao Khai Beach. Laem Mae Phim is a tourist resort with the 3 km long beach as an attraction. With only 2.5 hours to Bangkok and 1 hour to Rayong, the beach is a popular holiday. While other days you can walk alone on the beach.
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 Cape Mae Phim 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.