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Introducing a stunning newly built villa that epitomizes the epitome of luxurious living. Spanning a generous 535 sqm of meticulously crafted living space, this villa exceeds all expectations with its array of top-of-the-line amenities. As you step inside, you will be greeted by the lavishness of genuine hardwood floors and exquisite Italian stone tiles that exude elegance at every turn. The open floor plan creates a seamless flow, allowing for effortless movement and an expansive atmosphere. Indulge in the indulgent pleasures of both indoor and outdoor jacuzzis, providing the perfect oasis for relaxation and revitalization. The kitchen and bathroom countertops are adorned with luxurious quartz stone, radiating sophistication and opulence. Each bathroom is equipped with invigorating rain shower heads that offer a soothing and rejuvenating experience, accompanied by a refreshing massage function. A master bedroom awaits, complete with a spacious walk-in closet and a private ensuite bathroom, ensuring utmost privacy and comfort. Additionally, three carefully designed bedrooms offer an oasis of tranquility and serenity. A conveniently located laundry room caters to your daily needs. For outdoor entertainment enthusiasts, the rooftop presents a delightful barbecue area where cherished moments can be shared with friends and family. The crowning jewel of the outdoor space is the saltwater infinity pool and jacuzzi, allowing you to soak up the sun while reveling in the breathtaking vistas of the mountains, garden, and pool. Adding to the serenity, a beautiful Koi fish pond enhances the villa's ambiance.
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.
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?
After you have found the right property at The Menara Hills you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment
Off Plan (12 Month) Installment Milestone Payment Reservation Deposit Immediately 1% 1st Installment Within 30 days of reservation deposit payment 29% 2nd Installment Upon Completion of Pilings & Foundation 15% 3rd Installment Upon Completion of Main Structure 15% 4th Installment Upon Completion of Roof, Walls & Partitions 15% 5th Installment Upon Completion of Floors Tiles and Walls Tiles 10% 6th Installment Delivery of the house ready for Occupancy 10% 7th Installment Within 30 days after, the developer notifies the date of registration of transfer of ownership 5% Finished House Installment Milestone Payment Reservation Deposit Immediately 2% 1st Installment Upon contract signing 48% 2nd Installment On handover 50%