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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 Waterfall Bay 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.
Waterfall Bay is located 3.6 km away from Seven-Eleven and it can be reached within 7 mins by car.
There are many other shops situated in the area of Waterfall Bay, the 3 closest being:
- Thong Sri Thong Shop, Kamala Beach Branch is 4.9 km away (an approx. drive of 10 mins.)
- Fried Ice Cream is 4.9 km away (an approx. drive of 11 mins.)
- CHK_PHUKET CARRENT is 6.0 km away (an approx. drive of 13 mins.)
The surrounding area, where Waterfall Bay is situated, offers a wide variety of restaurants. See the closest of them below:
- Paresa Resort is 590 m away (a walk of about 7 mins.)
- Talung Thai & Diavalo Restaurant @ Paresa is 600 m away (a walk of about 7 mins.)
- The cradle restaurant is 1.1 km away (approx. 3 mins. by car)
Happy Pharmacy is the nearest health facility, which is 4.7 km away (you can drive there in 10 mins.) from the project, while the closest schools in the proximity of Waterfall Bay are:
- 36 th Rajaprajanugroh School is 3.9 km away (an approx. drive of 8 mins.)
- Ban Na Kha Child Development Center is 5.0 km away (an approx. drive of 11 mins.)
- Scuba Quest Dive Center Kamala is 4.0 km away (an approx. drive of 8 mins.)
Phuket International Airport is located 31.6 km from Waterfall Bay and it takes about 49 mins. by car or taxi (depending on the traffic) to get there.