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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 Saiyuan House 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.
Saiyuan House is conveniently located just 400 m from 7-Eleven Soi Saiyuan 11 (05379), which can be reached within 5 mins. by foot.
There are many other shops situated in the area of Saiyuan House , the 3 closest being:
- Tha Sai Nai Harn is 1.9 km away (an approx. drive of 5 mins.)
- Happy Phuket Restaurant Promthep Cape is 1.5 km away (an approx. drive of 3 mins.)
- Saiyuan is 880 m away (about 11 mins. by foot)
The surrounding area, where Saiyuan House is situated, offers a wide variety of restaurants. See the closest of them below:
- Babylon is 300 m away (a walk of about 4 mins.)
- MeeDee is 220 m away (a walk of about 3 mins.)
- Action Point is 300 m away (a walk of about 4 mins.)
Veterinary doctor is the nearest health facility, which is 670 m away (you can walk there in 9 mins.) from the project, while the closest schools in the proximity of Saiyuan House are:
- Kim White Yoga is 240 m away (about 3 mins. by foot)
- Phuket Study Holidays is 320 m away (about 4 mins. by foot)
- Phuket Rawai Language School is 330 m away (about 4 mins. by foot)
Phuket International Airport is located 44.4 km from Saiyuan House and it takes about 59 mins. by car or taxi (depending on the traffic) to get there.