1

LEGALLY PROTECTED &COMMON FOR FOREIGNER

Foreigners cannot directly own land or a condominium which does not have a foreign freehold title in Thailand. Leasehold is the most secure and legally accepted way for foreigners to control property long-term — typically up to 90 years (30+30+30). It’s fully compliant with Thai law.

  • Lease agreements are registered at the Phuket Land Department, making them legally binding and secure, giving full legal recognition and enforceability.
  • Many top resorts, beachfront villas and luxury condos in Phuket operate under leasehold—proven and safe.

2

LONG TERM SECURITY: A PROPERLY STRUCTURED LEASE INCLUDES:

  • You fully own the condo unit for the lease term (typically 30+30+30 years = up to 90 years), with full usage and occupation rights, rental potential, transfering the lease and resale value, just like freehold.
  • The only difference compared to freehold is the duration— however the day-to-day benefits are the same.
  • Legal safeguards written into the contract to protect your investment.

3

PHUKET'S HIGH DEMAND = STRONG INVESTMENT

  • Phuket's property market is booming,with rising rental yields and resale demand.
  • Even leasehold condos appreciate in value due to tourism and limited supply.

4

EASIER EXIT STRATEGY

  • Leasehold condos in prime Phuket locations (Patong, Kamala, Surin) are highly rentable and sell quickly if needed.
  • Investors often profit from resale before the lease even expires.

5

LOWER UPFRONT COST VS. FREEHOLD

  • Leasehold comes with lower transfer fees than freehold
  • This can result in a more cost-effective investment with similar lifestyle benefits.

6

DEVELOPER GUARANTEES AND REPUTATION

When buying from a reputable developer, lease terms are professionally managed and clearly structured, offering peace of mind. Many high-end developments in Thailand — even ultra-luxury brands — offer leasehold due to land ownership laws.

REASSURANCE FOR BUYERS:

  • Leasehold is a common and secure investment model in Thailand, especially for foreigners.
  • Many luxury resorts, condos, and villas operate successfully under leasehold—proven and safe.

FINAL REASSURANCE:

"Leasehold is the established norm for foreign buyers in Phuket's most prestigious condo developments—secure, profitable,and hassle-free."

HOW TO EXPLAIN TO HESITANT BUYERS:

Myth : "Leasehold is risky."
Fact : Itʼs the most common way foreigners own property in Thailand when freehold isnʼt available.
Myth : "What happens after 30 years?"
Fact : Renewals are almost always granted (especially in well-managed projects), and most owners sell or reinvest before then.

LEASEHOLD VS. FREEHOLD
CONDOS IN PHUKET (FOR FOREIGN BUYERS)

FEATURE LEASEHOLD FREEHOLD
Ownership Rights Full control for lease term (30+ years) Permanent ownership
Foreign Eligibility Available to all foreigners Only 49% of a condo's units can be foreign freehold
Legal Protection Registered at Land Dept. (enforceable) Strong protection
Upfront Cost Often lower purchase price Usually more expensive
Resale Potential High demand in Phuket (easy to resell) Slightly easier, but limited by quota
Renewal Process Typically renewable (30+30+30 years) Not applicable
Best For Investors, retirees, short/medium-term owners Buyers who want indefinite ownership

FAQ:
LEASEHOLD CONDOS IN PHUKET

Q. Is leasehold safe for foreigners?
A. Yes! Lease agreements are legally registered
at the Phuket Land Department, making this ownership structure safe for foreigners.
Q. What happens after 30 years?
A. •Most leases include renewal clauses (e.g., 30+30+30yearsThese renewal clauses are written into the contract and backed by the developer.
•Even if not explicitly stated, renewals are commonly granted (especially in well-managed projects). Most owners sell or reinvest before the lease expires.
Q. Are there tax benefits to leasehold?
A. Yes! Leasehold purchases typically involve lower government transfer fees compared to freehold, which helps reduce your upfront costs.
Q. Can I sell or rent out my leasehold condo?
A. Yes! You can sell, rent, or transfer the lease to another buyer. Phuketʼs strong rental market makes leasehold condos a great investment. You have the right to;
•Live in the property
•Rent it out
•Sell or transfer the lease
•Pass it on to heirs (subject to Thai inheritance laws) Just like freehold!
Q. Why not just buy freehold?
A. •Foreign freehold quota is limited (only 49% of a condoʼs sellable area). Once itʼs full (like in our project), leasehold is the only legal option for foreigners.
•Freehold requires more paperwork (like a Foreign Exchange Transaction form), while leasehold is simpler. In the case of a Leasehold title it is not a requirement of the law that the funds must be transferred from overseas.
Q. Will the value decrease over time?
A. Not necessarily! Phuketʼs property market remains strong—well-located condos (beachfront, near amenities) hold or ncrease value, even as leasehold.
Q. What if the building gets old or is demolished?
A. •Thai law protects leaseholders—you're entitled to compensation or a new unit in case of redevelopment.Well-managed condos in Phuket maintain their value through upkeep.
Q. Why do so many luxury developments offer leasehold?
A. Because Thai law restricts land ownership by foreigners,many well-known branded residences, five-star resorts, and high-end condos use leasehold to offer safe, long-term ownership while staying legally compliant.

FINAL PERSUASIVE PITCH :

"In Phuket's competitive market, leasehold is the go-to for foreign buyers when freehold isn't available. It's secure, profitable, and lets you own a prime condo hassle-free. Many investors make strong returns long before the lease expires!"

WHY LEASEHOLD
AT MGALLERY RESIDENCES MONTAZURE IS A STRATEGIC INVESTMENT

1

ALLERY RESIDENCES MONTAZURE IS A STRATEGIC

• While MGallery itself is 300 m. from the beach (3-5 min walk), you own a prime property within:
• MontAzure's gated beachfront community (shared access to private beach club, pools, and amenities).
• Walkability to Kamala Beach without paying beachfront price premiums.Higher ROI potential than beachfront units (lower purchase price + same elite address).

2

BRANDED LUXURY WITH HOTEL-GRADE SERVICES

• MGallery by Accor delivers what generic condos can't:
• 5-star management (concierge, maintenance, security).Rental program access
(high-income potential from Accor's global traveler network).
•Future resale advantage (branded residences outperform unbranded).

3

LEASEHOLD IS THE SMART WORKAROUND FOR SOLD-OUT FREEHOLD

• MontAzure's foreign freehold quota is exhausted—leasehold is now the only legal path for foreigners to own here.
• 30+30+30-year leases (up to 90 years) cover most investment horizons—few hold properties longer.

4

DEVELOPER CREDIBILITY = LEASEHOLD SECURITY

•Developed by MontAzure—a trusted entity backed by institutional shareholders including Narai Property (Thailand), Arch Capital (Hong Kong), and Philean Capital (Singapore)—ensuring long-term project stability and developer reliability. Leases are Land Department-registered and enforceable.

FINAL PITCH:

"MGallery Residences offers the best of both worlds: walkable beach access without paying beachfront prices, all within MontAzure's gated estate. With freehold sold out, leasehold is your VIP pass to this exclusive community—backed by Accor's global standards for worry-free ownership."