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Alisha Courtyard is a development by Alisha Property located in Moo.2 Khuan TaThan 3 Soi, Baan Liporn, Thalang, Phuket. The project sits on a land area of approximately 1,002.7 sq.w or 4,010.80 sq.m and offers 6 villas. The villa types available are 3 & 4 bedrooms pool villas with plot sizes ranging from 400 to 600 sq.m and construction sizes between 270 and 318 sq.m. Ownership options include freehold and leasehold.
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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 Alisha Courtyard you have to follow these steps:
Untitle Installment Milestone Payment Reservation Deposit Immediately 5% 1st Installment 2nd Foundation Works 30% 2nd Installment 3rd Brick Wall Works 25% 3rd Installment 4th Tileing Works 20% 4th Installment 5th Installing Sanitary 15% 5th Installment On handover 5%