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All road infrastructure has already been put in place together with landscaping.
Views from most plots are quite spectacular and location is ideal with proximity to the BIS and Phuket Town/Patong areas. From there it takes approx 25 minutes to the airport.
All plots have Chanote title deeds. Each of the 12 plots is owned by a Thai company with an indirect but controlling ownership for the ultimate buyer through an offshore company.
This means that the buyer does not have to go through the hassle of having to set up his own Thai company and having to be subjected to the scrutiny of the Land Dept officials.
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As you know, these days it is becoming increasingly difficult to register land transfers involving Thai companies.
Both the Thai companies and the offshore companies have been properly maintained and have done nothing but hold the relevant plots of land.
A sale can be completed by simply transferring the shares in the
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The buyer can, of course, always designate his own preferred Thai shareholders, if he/she wishes.
The sale and purchase would, therefore, be easy and cheap because there are no registration fees and taxes and stamp duties payable.
The land will continue to be owned by the Thai company which is currently registered as the owner.
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Also, please find attached the management agreement for your reference.
Current asking prices are as follows:
Plot 9 was sold
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Plots 1, 10 and 11 are sold at 20,000 baht sq. wah or approximately 6.7, 6.4 and 7.8 million baht respectively
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Plots 3, 4 and 7 at 24,000 baht sq. wah or approximately 9.2, 9.8 and 8 million baht respectively
Plots 5 and 6 are above 80 m. from sea level and are for common area use.
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For more information please contact:
Mr. Allard Voute
Mobile: 081 - 893 3462
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