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A luxury new project called “Executive Homes” is a superb private village that will total just sixteen properties on Phase 1 and Phase 2 of the construction. These fantastic family homes will be available in three different types, the first being 3 bedroom, 3 bathroom bungalows that include a private swimming pool, the 3 bedroom, 4 bathroom two-storey houses and finally, the larger 4 bedroom, 5 bathroom versions which will once again be two-storey.
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 Executive Homes you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment
Executive Homes is located 2770 from Ake The Series Restaurant and it can be reached within 4 mins by car.
There are many other shops situated in the area of Executive Homes, the 3 closest being:
- Khao Noi City Market is 10.4 km away (an approx. drive of 15 mins.)
- Candyland is 10.2 km away (an approx. drive of 15 mins.)
- Successmore Boeing Public Company Limited, Pattaya Branch is 8.2 km away (an approx. drive of 10 mins.)
The surrounding area, where Executive Homes is situated, offers a wide variety of restaurants. See the closest of them below:
- Khun Ket's Kitchen Shop is 520 m away (a walk of about 7 mins.)
- Shredded pork is 2.0 km away (approx. 5 mins. by car)
- Jeng Ting Saver is 2.0 km away (approx. 5 mins. by car)
Health Promotion Hospital is the nearest health facility, which is 9.8 km away (you can drive there in 12 mins.) from the project, while the closest schools in the proximity of Executive Homes are:
- Dynamic balance service is 4.6 km away (an approx. drive of 7 mins.)
- Planet tutor & Language center is 4.2 km away (an approx. drive of 8 mins.)
- The A'mor Music Studio is 5.3 km away (an approx. drive of 9 mins.)
APAS Co., Ltd. is located 14.4 km from Executive Homes and it takes about 23 mins. by car or taxi (depending on the traffic) to get there.