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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 The Ozone Grand Residences you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿200,000 1st Installment Upon contract signing 35% 2nd Installment Structure Piling & Foundation Complete 35% 3rd Installment 100% construction completion 25% 4th Installment On handover 5%
The Ozone Grand Residences is located 5.4 km away from PTT Tinlay Pasak Café Amazon PTT Pasak and it can be reached within 12 mins by car.
There are many other shops situated in the area of The Ozone Grand Residences, the 3 closest being:
- Boat Avenue Park and Playground is 2.9 km away (an approx. drive of 6 mins.)
- Sweep music phuket is 4.6 km away (an approx. drive of 9 mins.)
- Plaza Del Mar is 3.2 km away (an approx. drive of 6 mins.)
The surrounding area, where The Ozone Grand Residences is situated, offers a wide variety of restaurants. See the closest of them below:
- BONCHON CHICKEN-022 is 1.2 km away (approx. 3 mins. by car)
- Family Beach Bar is 1.2 km away (approx. 3 mins. by car)
- Dirham Halal Restaurant is 1.2 km away (approx. 3 mins. by car)
Banks International Hospital, 83000 is the nearest health facility, which is 1.2 km away (you can drive there in 3 mins.) from the project, while the closest schools in the proximity of The Ozone Grand Residences are:
- To the is 1.2 km away (an approx. drive of 3 mins.)
- Baan Kajonkiet nursery pasak is 4.6 km away (an approx. drive of 10 mins.)
- Blossom House International Kindergarten and Pre-School is 3.0 km away (an approx. drive of 6 mins.)
Phuket International Airport is located 19.3 km from The Ozone Grand Residences and it takes about 29 mins. by car or taxi (depending on the traffic) to get there.