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This stunning Thai Bali 3 bedroom pool villa close to beach is situated in Khao Tao, less than 5 minutes drive to one of the best beaches in the Hua Hin area – Sainoi Beach.
The villa has one of the largest plots currently still available in Panorama, and consists of 3 bedrooms and 2 bathrooms.
The landscaped tropical garden is beautiful, and the outdoor living area and sala are perfect for spending your days in the lovely outdoors enjoying the mild Hua Hin weather.
The house is also only a short walk away from the large communal swimming pool for those who want to get their laps in every day.
Hua Hin Panorama Resort has some of the best views of any development in Hua Hin, as it is built along the side of a sloping hillside facing the ocean.
This means the development enjoys lovely cooling breezes from the mountain and ocean all throughout the day.
The villa comes fully furnished and ready to move in, and is perfect for full time living or is great for a tropical weekend getaway home from BKK.
Foreign nationals can own the building (villa) in their own name but not the land that it stands on.
Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
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 Panorama Black Mountain you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment