Thap Tai, Hua Hin, Prachuap Khiri Khan
Private Pool
Private Garden
Terrace
Covered Parking
Corner Unit
24H Security
CCTV (Video Surveillance)
Car Parking
Communal Garden Area
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 Moda Residences Hua Hin you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately £4,520 1st Installment Upon contract signing 25% 2nd Installment on completion of 2nd stage of construction 20% 3rd Installment on completion of 3rd stage of construction 10% 4th Installment on completion of 4th stage of construction 10% 5th Installment on completion of 5th stage of construction 10% 6th Installment on completion of 6th stage of construction 10% 7th Installment on completion of 7th stage of construction 10% 8th Installment when the home is completed and ready for transfer 5%
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