Description:

This is land is located in a small estate of overlooking the greens of Loch Palm in an area with only 9 plots in total. There is an access road and plenty of natural scenery. Besides being next to the golf course the land is situated adjacent to rubber tree forest and with slopping hills.

An up and coming area Kathu is becoming a haven for golfers and has experienced rapid growth in regards to high end villa development. Because it is like a hidden oasis yet the most central point in Phuket the area is increasing in demand and value.

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.

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 offshore company and by changing the directors of both the Thai and BVI companies.

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.

Infrastructure is already in place and there is well water and electricity.

Each plot is owned by a separate company which allows for easy transfer of ownership The Thai company is included in the sale price.

If you need to be near everything then this is a great location. International hospitals and international schools, 18 hole golf courses, marinas and Phuket Town are all within 10 minutes drive. This means you are close cinemas, great restaurants, upscale bars and night life; additionally Patong is only about 20 minutes away and the airport about a 30 minute drive.

Plot 4: 1,631.86 m2 - 8m THB with Thai Company

Please enquire for further details.

Prices quoted in THB are converted for your convenience only and may vary 5% or more. Currency movements are out of our control and prices may change without prior warning.



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