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Resale 3 Bedroom Townhouse Laguna Park is an inspired new addition to Phuket’s residential community, boasting an unrivaled combination of Town homes and Villas. Laguna Park is located adjacent to Laguna Phuket, a fully integrated resort and residential community along the island’s stunning west coast . This is a specious property sitting on a corner plot. The top floor can also be used as an entertainment area with large balcony. There is also a large common area with pool. owner has decided to move from Phuket so Townhouse is for sale ‘ Facilities Kitchen Living Dining Walk-in Closet Toilet Satellite TV / Cable TV / Internet TV Internet Garden Balcony/Terrace Common Pool Spa & Gallery Gym Mini mart Restaurants & Bars Golf Course Beach Facilities 24-hour Security Bangkok Phuket Medical Clinic Inter-resort Shuttle Bus & Boat Offers will be considered.
Foreign nationals can own the building (townhouse) in their own name but not the land that it stands on.
Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.
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 Laguna Park 2 you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment