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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 V-Life Pool Villa you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment
V-Life Pool Villa is located 4.2 km away from 7-Eleven and it can be reached within 8 mins by car.
There are many other shops situated in the area of V-Life Pool Villa, the 3 closest being:
- Seree Trade (Lady's shop) selling grassicides, pesticides is 4.3 km away (an approx. drive of 4 mins.)
- Flea market in Silpakorn University, Phetchaburi is 3.5 km away (an approx. drive of 6 mins.)
- Sasipan Agricultural Shop is 7.4 km away (an approx. drive of 8 mins.)
The surrounding area, where V-Life Pool Villa is situated, offers a wide variety of restaurants. See the closest of them below:
- Be richer than a cafe is 2.9 km away (approx. 3 mins. by car)
- Veridian Restaurant is 5.2 km away (approx. 12 mins. by car)
- Bang shabu-Bun shabu is 2.9 km away (approx. 3 mins. by car)
Thung Lom Yuan Health Promoting Hospital is the nearest health facility, which is 6.0 km away (you can drive there in 6 mins.) from the project, while the closest schools in the proximity of V-Life Pool Villa are:
- Ban Nong Khuean School is 1.3 km away (an approx. drive of 1 min.)
- Gaysorn Learning Center (Gaysorn, Persimmon Reserve) is 2.0 km away (an approx. drive of 3 mins.)
- Management Science Faculty Silpakorn University is 5.8 km away (an approx. drive of 9 mins.)
Hua Hin Airport is located 19.6 km from V-Life Pool Villa and it takes about 23 mins. by car or taxi (depending on the traffic) to get there.