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Pearl Island Property Co. Ltd. since 2007 in Phuket. As one of the few first companies among the industry to bring luxurious Balinese style residential villas in Cherngtalay.
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 Anchan Tropicana you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment
Anchan Tropicana is located 1.5 km away from BB Coffee and it can be reached within 3 mins by car.
There are many other shops situated in the area of Anchan Tropicana, the 3 closest being:
- car repair shop is 860 m away (about 11 mins. by foot)
- Laundry is 850 m away (about 11 mins. by foot)
- lucky shop is 1.8 km away (an approx. drive of 4 mins.)
The surrounding area, where Anchan Tropicana is situated, offers a wide variety of restaurants. See the closest of them below:
- Pru Jampa Farm is 500 m away (a walk of about 6 mins.)
- Jampa is 570 m away (a walk of about 7 mins.)
- Red Tea, Kanom Jeen, Aunt Chitprue Champa is 620 m away (a walk of about 8 mins.)
Thalang Clinic Lab Thalang Clinic Clinic is the nearest health facility, which is 3.1 km away (you can drive there in 8 mins.) from the project, while the closest schools in the proximity of Anchan Tropicana are:
- Baan Phru Champa Child Development Center is 1.1 km away (an approx. drive of 2 mins.)
- Goat Farm is 1.1 km away (an approx. drive of 3 mins.)
- Ban PHRU Champa School is 1.6 km away (an approx. drive of 4 mins.)
Phuket International Airport is located 11.6 km from Anchan Tropicana and it takes about 19 mins. by car or taxi (depending on the traffic) to get there.