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The villa is part of a project building situated on a hill, ensuring that every villa in the project offers an unobstructed view of the majestic mountain range and national park.
The villa is built with the location and views in mind, with large windows and sliding doors that provide an abundance of natural light and breathtaking views of the surroundings. The villa features a modern and stylish design that complements the natural beauty of the area, making it the perfect blend of luxury and nature.
The outdoor space is just as impressive as the interior, with a large terrace that runs the length of the property and offers panoramic views of the Andaman Sea and surrounding mountains. The terrace also features a private infinity pool, providing a perfect spot to relax and take in the stunning scenery.
Foreign nationals can own the building (villa) 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:
After you have found the right property at Vista Del Mar Phuket you have to follow these steps:
Finished Villa Installment Milestone Payment Reservation Deposit Immediately 2% 1st Installment Sales and purchase agreement (signed within 30 days) 70% 2nd Installment Transfer of ownership 28% Off-plan Villa Installment Milestone Payment Reservation Deposit Immediately 2% 1st Installment Sales and purchase agreement (signed within 30 days) 28% 2nd Installment Completion of the foundation 20% 3rd Installment Completion of the foundation 20% 4th Installment Completion of the construction works 20% 5th Installment Completion of finishing works and transfer of ownership 10%