Can I own a Freehold Property in Thailand?

In certain instances you can directly own apartments, when they are registered as Condominiums. Although Thailand “restricts” this to only 49% in any project. So in a development of 100 apartments, only 49 can be owned by a foreign national, the rest must be Thai owned. We at Island Oasis Resorts, solve this problem by giving our owners equal shares in the company that owns it all.

Can I own a Leasehold Property in Thailand?

Yes, you can own a leasehold property in either your, or joint names. The maximum term that is recognised by Thai law currently is 30 years at the moment, but this could change in the future.
However, most reputable companies are now giving an initial 30 years, plus 2 additional 30 years periods in their Lease Agreements. A total lease of 90 years.

PLUS:
All of our purchasers automatically become SHAREHOLDERS in the Thai Company that owns the land. The cost for this is INCLUDED in our Sales Prices; there is NO additional charge, or cost for the issuing of these shares. So ALL of our buyers have the maximum security possible. You also get a say in what happens in the future! This is probably the most important factor of all.

What happens when I am not here?

All of Island Oasis Resorts are managed by our own company. We know what high standard is expected, and will not accept any less. Whether you are here, or away we will take care of EVERYTHING for you. If you wish to leave your property for your own use only, we will make sure it stays that way for you, and it will still be as good as you left it, when you return. If you wish to rent your property out, and earn a valuable income from it, then we will handle that for you too.

Who are Island Oasis Resorts?

Island Oasis Resorts are the ONLY Company that you will ever need to deal with.
That is because, the ISLAND OASIS GROUP own FULL TITLE (Chanote), to the land that your chosen project is being built on. They have also appointed both top Architects, and leading Phuket builders to design, and build to their very high standards. All stages of development will be controlled by our own staff.
Finally, they are here to stay because they also own and operate the Management Company that will take care of “your” property interest when you are not around.

Is investing in property in Phuket a good investment?

Yes, a very good investment. Over the past five years we have seen dramatic growth in property values, and they are still far lower than other Asian areas, so will continue to increase the value of your investment. Phuket is becoming the island paradise that everyone loves. Friendly people, great seafood, and the year round temperature that never drops below 80 degrees.

Can I get a rental income from my property?

Yes, there are good returns to be had from renting, especially from November until the end of April, which is regarded as the “High Season”. Even in the “Low Season”, May until the end of October, there are still very reasonable returns to be had.

What sort of annual costs can I expect on Property Maintenance?

Most property companies are just that, Property Companies. Island Oasis Resorts, are a not only the Property Developers, but also the Management company. So we know how much it will cost to maintain the property, and ensure that the complex is kept looking the way it should. Our Maintenance charges on Apartment complexes are calculated as follows: