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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.
After you have found the right property at Kokyang Estate 1 you have to follow these steps:
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.
Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.
Kokyang Estate 1 is conveniently located just 610 m from Family Mart, which can be reached within 7 mins. by foot.
There are many other shops situated in the area of Kokyang Estate 1, the 3 closest being:
- Laundry is 530 m away (about 6 mins. by foot)
- Gold Mall, Ruby Thong, Saiyuan is 1.2 km away (an approx. drive of 3 mins.)
- Eye-optic eyeglasses EYE OPTIC is 1.5 km away (an approx. drive of 4 mins.)
The surrounding area, where Kokyang Estate 1 is situated, offers a wide variety of restaurants. See the closest of them below:
- Khao Kaeng Suan Dok Mai (Cha-uat) is 60 m away (a walk of about 1 min.)
- Mother Pasta Box is 150 m away (a walk of about 2 mins.)
- Arlecchino Restaurant is 210 m away (a walk of about 3 mins.)
Saiyuan Lab is the nearest health facility, which is 2.2 km away (you can drive there in 5 mins.) from the project, while the closest schools in the proximity of Kokyang Estate 1 are:
- Tommy's Divecenter Phuket is 590 m away (about 7 mins. by foot)
- Star Sailing School is 2.3 km away (an approx. drive of 6 mins.)
- Koh Lon School is 3.4 km away (an approx. drive of 8 mins.)
Phuket International Airport is located 47.2 km from Kokyang Estate 1 and it takes about 1 hour 1 min. by car or taxi (depending on the traffic) to get there.