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A unique project just 500 meters from Kata Beach. Only 3 exclusive villas with 5-6 bedrooms, built-in lift, living spaces, swimming pool, sauna, hammam and parking. Full furniture and appliance package is included in the price. All facilities at Wekata Luxury are available to villa owners. Rental Pool program for those who want to combine their own accommodation with an investment: 40% of the income to the investor, 60% - to the management company, and from its share it covers all expenses. Projected profit: 5-10% p.a. The profit is after the handover.
A unique place in Phuket - plenty of restaurants, bars, shopping malls, tourist attractions and beauty salons. The main advantage of this location over other
areas of Phuket is its compactness. All amenities are in a walking distance of 5-15 minutes.
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Thai real estate development company that has been active in the real estate market since 2004. In 2018 company include main office in Phuket and three branches in China. There are more than 250 people working under Phuket9 branded projects. The main company’s activity still remains real estate development. The future of Phuket9 is hotel management and investment property management.
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 Katalux Beach Villas you have to follow these steps: