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Redwood Hideaway Commercial Building offers 12 plots, with land sizes starting at 22.5 square wah and a usable area of 126 square meters. Each unit features 2 bedrooms and 2 bathrooms, with prices starting at 4.29 million baht. You will receive a complimentary 1,000-liter underground water tank, a water pump, gutters, and a termite protection system. For transfer fees, the cost will be split equally between the buyer and seller.
Redwood Hideaway Thep Kasattri-Phuket International Airport is conveniently located, just 5 minutes from Tesco Lotus Thalang and the local police station, 12 minutes from Choeng Thale, and 20 minutes from Phuket International Airport.
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.
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:
After you have found the right property at Redwood Hideaway Thep Kasattri-Phuket International Airport you have to follow these steps: