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Paradise Villa 1 is a modern housing estate located in East Pattaya. The homes are well built and nicely finished. It is in a quiet location close to schools, recreation areas, local shops and services. It is just a short drive to Jomtien and Central Pattaya for beaches, shopping and nightlife. Coastal Real Estate offers houses for sale and rent in this luxury housing development.
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 you have to follow these steps:
Agreement of terms and conditions
Sales and Purchase Agreement
Settlement & Transfer
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.
#1 - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?
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.
Paradise Villa 1 & 2 is located 2400 from Family Mart Walking Walking and it can be reached within 5 mins by car.
There are many other shops situated in the area of Paradise Villa 1 & 2, the 3 closest being:
- Family Mart Pattaya Sai 2, Soi 9 is 2.5 km away (an approx. drive of 5 mins.)
- Family Mart Pattaya Soi VC 2 is 2.5 km away (an approx. drive of 6 mins.)
- Family Mart Pattaya, Soi Bonkai is 2.5 km away (an approx. drive of 6 mins.)
The surrounding area, where Paradise Villa 1 & 2 is situated, offers a wide variety of restaurants. See the closest of them below:
- Mirabel Resort is 470 m away (a walk of about 6 mins.)
- By Tamara Pattaya is 600 m away (a walk of about 8 mins.)
- By Tamara Swiss Restaurant is 610 m away (a walk of about 8 mins.)
Nong Prue Municipality Dialysis Center is the nearest health facility, which is 3.1 km away (you can drive there in 7 mins.) from the project, while the closest schools in the proximity of Paradise Villa 1 & 2 are:
- Lukomorye Children's Development Center is 880 m away (about 12 mins. by foot)
- What Boon Samphan School is 3.1 km away (an approx. drive of 7 mins.)
- Tara Pattana International School is 2.1 km away (an approx. drive of 4 mins.)
APAS Co., Ltd. is located 7.7 km from Paradise Villa 1 & 2 and it takes about 16 mins. by car or taxi (depending on the traffic) to get there.