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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 Bandalee Seaside Estate you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment
Bandalee Seaside Estate is located 2.0 km away from Super Cheap and it can be reached within 5 mins by car.
There are many other shops situated in the area of Bandalee Seaside Estate, the 3 closest being:
- Thulika shop is 1.4 km away (an approx. drive of 3 mins.)
- 20 baht, everything Aoy Classic is 2.1 km away (an approx. drive of 5 mins.)
- Bomin, souvenirs from the city is 3.9 km away (an approx. drive of 7 mins.)
The surrounding area, where Bandalee Seaside Estate is situated, offers a wide variety of restaurants. See the closest of them below:
- Peangprai is 3.6 km away (approx. 8 mins. by car)
- Somtum Restaurant is 810 m away (a walk of about 10 mins.)
- Siri Orjao kitchen Siri Orjao kitchen is 4.1 km away (approx. 8 mins. by car)
Thanyapura is the nearest health facility, which is 17.9 km away (you can drive there in 28 mins.) from the project, while the closest schools in the proximity of Bandalee Seaside Estate are:
- Ban for child center is 4.3 km away (an approx. drive of 7 mins.)
- Dark Blue Secret Diving Centre is 6.1 km away (an approx. drive of 11 mins.)
- Ko Nakha School is 3.6 km away (an approx. drive of 7 mins.)
Phuket International Airport is located 18.6 km from Bandalee Seaside Estate and it takes about 24 mins. by car or taxi (depending on the traffic) to get there.