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The Greens is a villa development located in Rawai, Phuket, Thailand. It is 4.8km from the beach with 19 villa units, to be built within 12 months of purchase. It features 24-hour security, CCTV, a reception/lobby area, car parking.
A blend of Western and Thai styles, provides our valued clients with high quality, nature friendly, elegant, affordable homes, with a private swimming pool all set in a Zen environment, offering privacy tranquility and safety.
The pool villas at The Greens start at 7.2M THB, with financing options from the developer, and a yearly 7 percent net guaranteed rental return for 10 years. Located in a secluded area surrounded with natural green forests and mountains and at the same time at the center among Nai Harn beach, Rawai beach, and modern shopping malls, The Greens offers both isolation and easy access.
Located in a secluded area surrounded with natural green forests and mountains and at the same time at the center among Nai Harn beach, Rawai beach, and modern shopping malls, The Greens offers both isolation and easy access.
Foreign nationals can own the building (villa) in their own name, but not the land that it stands on.
Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.
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 Greens Phase 2 you have to follow these steps:
Payment Terms Installment Milestone Payment Reservation Deposit Upon contract signing £4,630 Down Payment Upon contract signing 40% 1st Installment Upon completion foundations 20% 2nd Installment Upon completion of roof slab 20% 3rd Installment Upon completion of lock-up stage (windows and door installed) 10% 4th Installment On handover 10%