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The Passion Residence Lagoon presents a rare opportunity to own a slice of paradise in Phuket. This exclusive development comprises just 7 luxurious townhomes in the peaceful Ko Kaeo district fostering a truly intimate and private community.
Strategically located, The Passion Residence Lagoon offers the perfect balance of serenity and convenience, with easy access to Phuket's most vibrant attractions.
Each townhome is thoughtfully designed with spacious interiors, ideal for families or those seeking a private and comfortable living environment. With unique layouts and designs, you'll find the perfect home to suit your lifestyle at The Passion Residence Lagoon.
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 The Passion Residence Lagoon you have to follow these steps: