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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 Charn Baan Saiyuan you have to follow these steps:
Untitle Installment Milestone Payment Reservation Deposit Immediately 2% 2nd Installment Upon contract signing 28% 3rd Installment completion of foundation 15% 4th Installment completion of concrete structure 15% 5th Installment completion of wall and roof structure 15% 6th Installment completion of floor , build-in furniture, paint window and door fames 15% 7th Installment On handover 10%
Charn Baan Saiyuan is located 1.9 km away from 7-Eleven Soi Saiyuan 11 (05379) and it can be reached within 4 mins by car.
There are many other shops situated in the area of Charn Baan Saiyuan, the 3 closest being:
- Saiyuan is 1.7 km away (an approx. drive of 5 mins.)
- photocopy shop is 1.8 km away (an approx. drive of 4 mins.)
- Phuket Helmet is 1.3 km away (an approx. drive of 3 mins.)
The surrounding area, where Charn Baan Saiyuan is situated, offers a wide variety of restaurants. See the closest of them below:
- Jae Noi Tam Zaap Restaurant is 60 m away (a walk of about 1 min.)
- Smile Restaurant is 60 m away (a walk of about 1 min.)
- Five Star Grilled Chicken in front of Lotus Karon is 60 m away (a walk of about 1 min.)
Saiyuan Lab is the nearest health facility, which is 1.9 km away (you can drive there in 5 mins.) from the project, while the closest schools in the proximity of Charn Baan Saiyuan are:
- Oxybulles Asia Pacific.co.,ltd & Alain Barrat - PADI Scuba Diving Instructor Trainer. is 1.8 km away (an approx. drive of 6 mins.)
- Growing Minds is 900 m away (about 12 mins. by foot)
- Ban Saiyuan Child Development Center, Rawai Subdistrict is 2.1 km away (an approx. drive of 5 mins.)
Phuket International Airport is located 46.5 km from Charn Baan Saiyuan and it takes about 1 hour 5 mins. by car or taxi (depending on the traffic) to get there.