- Sign up or Log in
-
English- en
-
THB - ฿
Royal Estate The Park (Phase 1) is a villa development located in Rawai, Phuket, Thailand. It is 2.4km from the beach with 16 villa units completed in January of 2005. It features a swimming pool, a fitness center, a clubhouse, 24-hour security, CCTV.The development is located in a quiet area of Rawai. There is a communal pool at the project and a car port that can accommodate 1 car. Located only 5 km from Rawai beach, 7 km from pristine Nai Harn beach, only 10 km to the most beautiful sunset view point at Promthep cape. This is one of Phuket's more quiet areas and mainly residential with a large expatriate community. Within a few minutes drive there are great restaurants, a western market, local art galleries, chic rustic coffee shops, saunas and just enough night life including live music.
Find out how much your property is worth and start your listing for free.
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 Royal Estate The Park 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.