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Bangtao Paradise Construction was established by a founder, director and major shareholder in Sai Taan, a well known and highly successful development of 75 villas in Phuket. Recognized for the quality both of construction & dealings with its clients, Sai Taan is a project which even other developers talk about. The Developer has lived full time in Phuket since 2003.
Capitalizing on the strengths & experience of the Sai Taan project over 10 years, the developer launched Trichada, using the services of many of the original Sai Taan construction team. Following the success of the first Trichada project, the developer launched Trichada Tropical in early April 2017 & as of September 2018 only 1 villa remains. Trichada Sky is set for launch during the month of October 2018.
With an experienced team, & a well-proven design in a sought after location your investment in Trichada is secure.
At the time of going to print, Trichada owns the land, for the Trichada Sky project while Bangtao Paradise has placed contracts with the design & construction contractors for all infrastructure, management office, and the show villa.
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.
Sai Taan Villas is conveniently located just 680 m from 7-Eleven, which can be reached within 8 mins. by foot.
There are many other shops situated in the area of Sai Taan Villas, the 3 closest being:
- Lagoon Thai Crafts is 800 m away (about 10 mins. by foot)
- MUDI essence of luxury (2) is 600 m away (about 7 mins. by foot)
- Villa market is 420 m away (about 5 mins. by foot)
The surrounding area, where Sai Taan Villas is situated, offers a wide variety of restaurants. See the closest of them below:
- Babylonlakeclub is 850 m away (a walk of about 10 mins.)
- donvittractoria is 850 m away (a walk of about 10 mins.)
- Deepavali Indian Restaurant - Laguna is 820 m away (a walk of about 10 mins.)
New Primary Care Hospital is the nearest health facility, which is 1.4 km away (you can drive there in 3 mins.) from the project, while the closest schools in the proximity of Sai Taan Villas are:
- VK Performers Studio is 430 m away (about 5 mins. by foot)
- Laguna Phuket Kindergarten is 1.3 km away (an approx. drive of 3 mins.)
- Ban Choeng Thale School is 780 m away (about 10 mins. by foot)
Phuket International Airport is located 20.0 km from Sai Taan Villas and it takes about 27 mins. by car or taxi (depending on the traffic) to get there.