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Baan Prangthong (Phase 1) is a villa development located in Chalong, Phuket, Thailand. It is 9.2km from the beach with 13 villa units completed in February of 2007. It features 24-hour security, CCTV, car parking.<br><br>Baan Prangthong (Phase 2) is a villa development located in Chalong, Phuket, Thailand. It is 9.2km from the beach with 1 villa units completed in August of 2008. It features 24-hour security, CCTV, car parking.This property is located in a natural and quite exclusive secure estate between Chalong and Phuket town. The property also closes to International Hospitals and Schools, Shopping Centers, Yacht Marina, Golf Courses and Beaches.
Karon Beach is the closest Beach from Baan Prangthong and it is 7.25 km away.
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.
Baan Prangthong is located 4800 from 7-Eleven and it can be reached within 11 mins by car.
There are many other shops situated in the area of Baan Prangthong, the 3 closest being:
- Mini Big C is 4.4 km away (an approx. drive of 11 mins.)
- Friendliness 20 is 4.6 km away (an approx. drive of 10 mins.)
- 7-Eleven, Phuket Baan Sabai Village Branch is 4.6 km away (an approx. drive of 11 mins.)
The surrounding area, where Baan Prangthong is situated, offers a wide variety of restaurants. See the closest of them below:
- Elder Krit ordered is 730 m away (a walk of about 9 mins.)
- Jasmine rice curry shop is 810 m away (a walk of about 10 mins.)
- Kanom Jeen is 740 m away (a walk of about 9 mins.)
Skillrid Phuket is the nearest health facility, which is 2.3 km away (you can drive there in 5 mins.) from the project, while the closest schools in the proximity of Baan Prangthong are:
- Oak Meadow International School is 410 m away (about 5 mins. by foot)
- Smiley Kidz International is 830 m away (about 10 mins. by foot)
- International school is 2.5 km away (an approx. drive of 8 mins.)
Phuket International Airport is located 36.4 km from Baan Prangthong and it takes about 49 mins. by car or taxi (depending on the traffic) to get there.