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Find out how much your property is worth and start your listing for free.
We sell what we build! At Phuket Holiday Services you’re dealing directly with the developer. Our Phuket Island projects range from a 30 square meters studio units to 900 square meters independent villa. Purchasing a property with Phuket Holiday Services will be a valuable asset, will be a secure investment and can give you high yearly profit by participating to our Rental Pool Program or our Rental Guarantee Program. Finding and purchasing a home abroad that will meet your needs, now and in the years to come, can be a significant and often stressful time.
At Phuket Holiday Services, our goal is to make this transition as smooth as possible for you thanks to our large and professional team whom will help you to choose the right property, will assist you during the transaction and provide you with five star after-sale services.
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 Patong Bay Ocean View Cottages you have to follow these steps:
Unit selection and agreement of terms and conditions
Reservation Agreement
Reservation Deposit
Sales and Purchase Agreement
1st Contract Payment
Payment Installments
Snag List
Transfer
Installment Milestone Payment Reservation Deposit Immediately ฿200,000 1st Installment Upon contract signing 40% 2nd Installment Upon completion of infrastructure 20% 3rd Installment Upon building foundation completion 20% 4th Installment % construction completion 10% 5th Installment On handover 10%
Patong Bay Ocean View Cottages is located 1510 from 7-Eleven and it can be reached within 4 mins by car.
There are many other shops situated in the area of Patong Bay Ocean View Cottages, the 3 closest being:
- Family Mart Nanai Road is 2.3 km away (an approx. drive of 4 mins.)
- 7 Eleven is 1.7 km away (an approx. drive of 8 mins.)
- 7-Eleven is 1.4 km away (an approx. drive of 4 mins.)
The surrounding area, where Patong Bay Ocean View Cottages is situated, offers a wide variety of restaurants. See the closest of them below:
- Thai Food Restaurant is 740 m away (a walk of about 9 mins.)
- Paklak BBQ buffet is 750 m away (a walk of about 14 mins.)
- Thai Cafe 259 baht is 760 m away (a walk of about 14 mins.)
Phamacy is the nearest health facility, which is 2.9 km away (you can drive there in 7 mins.) from the project, while the closest schools in the proximity of Patong Bay Ocean View Cottages are:
- FaFa Dive | PADI Center Diving Phuket Thailand is 510 m away (about 10 mins. by foot)
- Phutthamonthon Niwet Foster Park (Jimmik) is 1.1 km away (an approx. drive of 4 mins.)
- I Teach TEFL Co., Ltd. is 1.3 km away (an approx. drive of 4 mins.)
Phuket International Airport is located 41.0 km from Patong Bay Ocean View Cottages and it takes about 58 mins. by car or taxi (depending on the traffic) to get there.