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Pearl Island Property Co. Ltd. since 2007 in Phuket. As one of the few first companies among the industry to bring luxurious Balinese style residential villas in Cherngtalay.
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.
Anchan Villas II & III is conveniently located just 320 m from 23 minimart, which can be reached within 4 mins. by foot.
There are many other shops situated in the area of Anchan Villas II & III, the 3 closest being:
- Sak yant phuket is 250 m away (about 3 mins. by foot)
- We Car Care 93 Auto is 1.5 km away (an approx. drive of 3 mins.)
- Sweep music phuket is 1.6 km away (an approx. drive of 3 mins.)
The surrounding area, where Anchan Villas II & III is situated, offers a wide variety of restaurants. See the closest of them below:
- Come (try) flirt is 540 m away (a walk of about 7 mins.)
- Like Restaurant is 510 m away (a walk of about 6 mins.)
- Romyang restaurant is 580 m away (a walk of about 7 mins.)
Bankok International Hospital, 83,000 is the nearest health facility, which is 2.8 km away (you can drive there in 5 mins.) from the project, while the closest schools in the proximity of Anchan Villas II & III are:
- Ban Don Community Learning Center is 1.1 km away (an approx. drive of 2 mins.)
- Ban Don Community Learning Center is 1.4 km away (an approx. drive of 3 mins.)
- Wat Thep Krasattri Ban Don School is 1.4 km away (an approx. drive of 3 mins.)
Phuket International Airport is located 16.5 km from Anchan Villas II & III and it takes about 21 mins. by car or taxi (depending on the traffic) to get there.