Luxury Properties and Developments in Phuket
Dreams of Paradise Realized
Dreams of Paradise Realized
The primary property of the New Horizons is the featured development: The Mandarin Oceanview Boutique Resort. An eclectic array of eight very fine, luxury condominium units ranging from lovely ocean vistas to tropical garden terraces. The project is topped off by an infinity pool, offering relaxing days and showcasing panoramic views of Patong, Phuket. The setting will be luxury and the level of service will be exemplary, absolutely first-class; an integral aspect of all the portfolio assets.
The second gold sovereign in the collection and probably one of the most spectacular locations on all of famous Phuket Island is at Kata Beach Point. A set of cut stone stairs descend from the edge of the Property onto just a most lovely, and inviting little sandy cove on the far south point of the Bay. The gentle waves grace the semi-secluded Kata Beach, the shoreline activities, and the wonderful ocean-side restaurants. A choice location for just a quiet holiday in true paradise, or a nice place to live or work remotely.
This exclusive pool villa project is situated in the northern section of Phuket Island near visitor attractions, excursions into amazing Phang-Nga Bay, world-class golf courses, some of the world’s most famous beaches, and also convenient access to the international airport. The area is also a progressive part of the island known as Pa Klok, with improved roadways and shopping districts being newly created. 7 beautiful, luxury pool villas. An oasis of sanctuary with access to all that is desired on the paradise island of Phuket.
The final golden coin of the collection is an array of fantastic oceanside units in the existing and well-maintained resort location created and developed by Studio 906 architects and A Plan Properties developments, respectively. Completed in 2012, New Horizons has acquired various prime units ranging from ocean view, open plan studios up to majestic, two-story, three-bedroom Penthouse suites with roof terrace jacuzzi. These wonderful units are value-added from a standpoint of increasing equity and yearly rental revenue generation.
An eclectic array of eight very fine, luxury condominium units ranging from lovely ocean vistas to tropical garden grotto terraces. The project is topped off by an infinity pool, offering relaxing days and showcasing panoramic views of Patong, Phuket. The setting will be luxury and the level of service will be exemplary, absolutely first-class; an integral aspect of all the portfolio assets.
“On the water’s edge”
On the sunny tropical island of Phuket, Thailand, which boasts some of the best beaches in all the world there are some true standouts. One is certainly lovely, quiet, somewhat secluded, Kata Beach. Nestled in the tide pools of the southern tip of the bay where calm, warm waves dance on the shore of the blue Andaman Sea is the boutique Kata Beach Point Hotel. Currently, just 15 delightful apartment villas, each marked for an updating renovation, but there are also another 10 units being developed above the amazing ocean view restaurant.
The Kata Beach Point development project can be a temporary paradise vacation spot for the digital nomad, a peaceful place to live and make a home, and also a phenomenal and lucrative long-term investment all at the same time. It is an optimal position for any digital nomad. We hope you will join in our adventure. It will surely be an unforgettable and profitable journey.
Lodged in the lush Northeastern side of Phuket, these 7 private gems, Lapista Pool Villas, compliment the peaceful natural environment and yet are in close proximity to world-class marinas, local piers for boats to surrounding islands, golf courses, British International School, Porto de Phuket, and international airport.
These 2 and 3 bedroom pool villas are meticulously designed by international award-winning Oracle Architects and inspired by the precious stone, Lapis, reflecting the deep blue color of the sea and the azure sky of renowned Phuket.
All are single-story villas – featuring an open-air swimming pool, spacious living and dining areas, bedrooms with en suite bathrooms, and a private car park. Enjoy the practicalities of modern living in a secure, gated community on comfortably sized land plots (average 300 sqm).
An array of fantastic oceanside units in the existing and well-maintained resort location, created and developed by Studio 906 architects and A Plan Properties developments, respectively. Completed in 2012, New Horizons has acquired various prime units ranging from ocean view, open plan studios up to majestic, two-story, three-bedroom Penthouse suites with roof terrace jacuzzi. These wonderful units are value-added to the Portfolio from a standpoint of increasing equity and yearly rental revenue generation.
Can foreign nationals own land in Thailand ?
The simple answer is, Yes.
A) Though, as it is all over the world, there are various means in which to take Title for your Property. For straight purchase of raw, undeveloped, or agriculturally zoned parcels of land, an individual foreigner can own Leasehold Title, registered for up to 90 years, as is common in other parts of the world, mostly for very valuable locations.
B) On the other hand, the land can be fully Owned on Freehold, Fee Simple, Title by setting up a Thai registered corporation. Whomsoever owns the company owns the land as an asset of the Company. As with all the big, luxury hotel chains, such as, for example Holton. The Hotel Corporation owns the building it has built, outright. It owns the land, undoubtedly, that is purchased by the Thai registered hotel corporation.
For an individual foreign national it is much the same thing. A person sets up a Thai company, has the voting and director control of that corporation. The c
Individual purchases the property on behalf of the company, also under the director’s full control, and it is registered at the government Land Office in the form of Freehold, Fee Simple, Title with the individual director signature acknkedging the registration. The Property is owned in perpetuity, forever. An individual can either buy existing structures, houses, or villa, with the land purchase, or have the option to acquire raw land and build to suit.
The purchase of land (and most often with a house or villa already on the land plot) is the most common category of purchase, and marks the most total real estate sales volume per annum. Many purchases are in the form of Leasehold Title for a total of 90 years. The term is, according to statutes, divided into 30 year increments, renewed in advance. Ninety years is a mighty long time when we look how.much our world changes with each passing decade. Also, in many countries, Leasehold ztitle does provide a more beneficial asset in regards to taxation in the home country.
At the same rate, for foreigners, a strong proportion of real estate sales are facilitated through ownership of Thai companies. This is primarily due to, although with a Thai company long term visas and Work Permits are available via the ownership of a Thai company, the benefit and piece of having full ownership of the land Freehold.
What is the best category of property to own in Phuket, Thailand ?
Aside from the obvious choice of owning a piece of land on the ocean in a beautiful, tropical paradise, where the warmth of the Duncan the gentle sea breezes, literally, will add good years to your life, just be being there, then designing and building your own dream, there is actually a more overall practical, structured option.
In Thailand, based on the condominium laws of other parts of the globe, with specific language derived from the California Proerty Regime statutes of 1970, for a foreign national, the purchase of a Condominium ia a streamlined process, where the end result is the highest degree of property ownership Title available in the Kingdom of Thailand.
Technically speaking, exactly 49% of the livable space of a Condominum Project can be sold to individual foreigners. For example, if a Project had 100 units, all the exact same size, then 49 of those units can be taken in Freehild, Fee Simple Title foreign ownership, as described above. Note: the other 51% can be purchased by foreigners in the same structure as the Buying of Land !!! Either Freehold in Thai company, or Leashold Title 90 years.
The allocation of a Project for a foreigner to own a unit(s), outright, in perpetuity, it is only needed to present the valid passport at the Land Office at “Hand Over”, with contract and purchase agreement pay the government transfer fees, and then the Title of the condominium property is registered directly into the Buyer’s name and appears in the Original Title.
Another nice advantage of condominium ownership in Phuket from foreign expat (digital nomad) or holiday maker’s perspective is a condominium project is designed with major hotel amenities, and even operated as a hotel. Plus they are fully furnished, often with kitchens, with added value services and housekeeping, making residency in a foreign land that much more convenient and valuable. Of course, in the business side a rigorous property management endeavour can make lucrative rental income opportunities easier.