Foreign Ownerships

The Phuket Asialand Projects are offering 2 types of ownership. Some selected foreign individuals have the opportunity to aquire a freehold or condominium ownership. Different possibility of ownership is the lease hold ownership.

Free Hold or Condominium ownership

Free Hold or Condominium ownership means that there is a 100 % ownership for life and the apartment will be registered under the buyer(s) name(s). The registrations at the land department for free hold ownership is ca. 6.7 % of the purchase price.

Lease Hold Ownership

Lease Hold ownership is a long term lease ownership of 30 years. This thirty year period can be renewed for 2 more lease periods of 30 years. Except for legal costs such as registration cost at the land department there will be no additional costs. The registration cost at the land department is ca. 1.5 % of the purchase price.

Purchasers or Owners of the 'Surin Apartments' Project can expect a high return on investment (ROI), as we will use all our efficient marketing channels. ROI of 6 - 10% a year are expected according to our marketing research.