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The Midori Project is nestled on a hill that rises from 30 to 55.5 meters above sea level. This elevated position affords breathtaking views of the city below, as well as the majestic Bang Chi Lao Mountain and the coveted sea view of Leam Hin.
The name "Midori" was inspired by the city of Midori in Gunma Prefecture, Japan, which is also encircled by mountains. In Japanese, "Midori" translates to "green," evoking a sense of contentment and fulfillment.
The building's design is contemporary, incorporating elements of shape and utility. It embraces the Wabi-Sabi concept, where beauty is found in nature's imperfections. The building offers adaptable functionalities to accommodate the needs of its residents.
The color tones chosen emphasize the essence of feelings, allowing residents to appreciate life's small details and find satisfaction in their surroundings.
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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.
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 Midori you have to follow these steps:
Payment Term Installment Milestone Payment Reservation Deposit Immediately ₿0.028 1st Installment Upon contract signing 35% 2nd Installment Completion of Building StructureStructure Piling & Foundation Complete 25% 3rd Installment Architecture Completed 25% 4th Installment 100% construction completion 10% 5th Installment On handover 5%