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This unit type has the lowest price per square meter, which is 3% below the average price per square in the project. Don't miss it!
NaMara Co., Ltd. is an SPV of Naruemon International Co., Ltd. formed for the development of NaMara Residences. Naruemon International has many years experience in Thailand and has completed numerous apartment and villa projects across Phuket.
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 Namara - The Residences 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.
Namara - The Residences is located 2190 from 7-Eleven and it can be reached within 8 mins by car.
There are many other shops situated in the area of Namara - The Residences, the 3 closest being:
- 7-Eleven is 2.7 km away (an approx. drive of 9 mins.)
- 7 Eleven is 2.6 km away (an approx. drive of 9 mins.)
- TIM - The local supermarket is 2.6 km away (an approx. drive of 9 mins.)
The surrounding area, where Namara - The Residences is situated, offers a wide variety of restaurants. See the closest of them below:
- round Tower is 250 m away (a walk of about 4 mins.)
- Shrimp prawn and buffet is 750 m away (a walk of about 12 mins.)
- The Secret Kamala (Bar/Restaurant/Guesthouse) is 1.0 km away (approx. 5 mins. by car)
CITYCARE Phuket is the nearest health facility, which is 1.9 km away (you can drive there in 6 mins.) from the project, while the closest schools in the proximity of Namara - The Residences are:
- Kamala Phuket divers is 900 m away (about 14 mins. by foot)
- Shining Stars School is 1.1 km away (an approx. drive of 4 mins.)
- Sanuk- Swedish school Thailand is 1.5 km away (an approx. drive of 6 mins.)
Phuket International Airport is located 28.1 km from Namara - The Residences and it takes about 45 mins. by car or taxi (depending on the traffic) to get there.