Si Sunthon, Thalang, Phuket
The Menara Hills es un proyecto de casa y villa situado en Si Sunthon, Phuket y está previsto que se complete en ene 2025 Tiene un total de 23 viviendas y fue desarrollado por ITL Property.
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 The Menara Hills you have to follow these steps:
Off Plan (12 Month) Instalación Hito Pago Depósito de Reserva Inmediatamente 1% 1era Cuota Within 30 days of reservation deposit payment 29% 2da Cuota Upon Completion of Pilings & Foundation 15% 3era Cuota Upon Completion of Main Structure 15% 4a Cuota Upon Completion of Roof, Walls & Partitions 15% 5a Cuota Upon Completion of Floors Tiles and Walls Tiles 10% 6a Cuota Delivery of the house ready for Occupancy 10% 7a Cuota Within 30 days after, the developer notifies the date of registration of transfer of ownership 5% Finished House Instalación Hito Pago Depósito de Reserva Inmediatamente 2% 1era Cuota Un vez firmado el contrato 48% 2da Cuota En la entrega 50%
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