 Off Plan Developments |
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Twinwater Villas |
 Rawai
A small luxury development of only 5 Balinese style villas. These magnificent 700 sqm. villas are finished to the highest standards including their own private swimming pools and salas. Exotic materials have been especially selected from all over Asia to make what will surely be truly exceptional properties.
50% financing is available for these properties, which makes them a very attractive investment. |
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Luxury Townhomes in Kamala |
 The Kamala Coconut Grove project is a small boutique development of semi-detached Town houses situated on a 800 sqm site located in Kamala. The attractive location at the West coast of Phuket distinguishes with great infrastructure, beautiful beaches and various options of sport and leisure time activities.
The site affords a peaceful and private atmosphere, just 5 minutes away from the spectacular Kamala beach with lot of shops and restaurants
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Your dream house in the heart of Phuket |
 Kamala Paradise is the answer to all of your relaxation needs. Located in the midst of the clean air of our untamed natural forests, Kamala Paradise offers you and your family natural beauty, peace, security and convenience.
The Thai-Bali inspired architecture has been designed to make the most of your time and space in our tropical paradise. |
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Foreign Freehold Condominium ownership in Thailand
Buying a condo in Thailand is an attractive option for many foreign nationals. It is possible for a foreigner to own a condo outright. As one of the few property rights allowed to non-Thai nationals, condo-ownership is popular for investment as well as residence and retirement purposes.
In general, non-Thai nationals may purchase condo units in condo buildings throughout Thailand, as long as their purchase would not cause the foreign ownership ratio of combined units in the building to exceed 49% of the total floor area.
What are the requirements for a foreign individual to purchase a condo unit in a building in which foreign purchases are permitted?
Foreigners who do not have a Thailand residence permit must show proof that the funds for purchase of the condominium were brought from outside of Thailand. Non-Thais who have legal residence permits are not required to show evidence of funds coming from abroad.
Most foreigners purchase a condominium by showing evidence of an incoming remittance of foreign currency into their bank account from abroad. This is typically demonstrated by requesting the issuance of a certifying document from a bank in Thailand.
Property ownership of a condo may be inherited by either Thai or non-Thai descendents under normal circumstances.
Yes. Condominiums may be leased to foreigners for periods of up to 30 years and may have options to renew. Leases of greater than 3 years are required to be registered with the Land Department. This option may be useful to acquire condominiums in buildings that have exceeded their foreign ownership ratio quota.
Thailand laws regulating real estate transactions do not provide as many inherent consumer protections as those in most western jurisdictions. For example, in Thailand, real estate agents are not licensed and title insurance is not commonly used. Thailand is very much a "Buyer Beware" jurisdiction.
See www.thailandlawyer for more info
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