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Executive Tower Villas is conveniently located just 890 m from ZOOM, which can be reached within 12 mins. by foot.
There are many other shops situated in the area of Executive Tower Villas, the 3 closest being:
- Bay Avenue is 960 m away (about 12 mins. by foot)
- Royal Boutique flowers is 980 m away (about 12 mins. by foot)
- Spinneys center is 560 m away (about 7 mins. by foot)
The surrounding area, where Executive Tower Villas is situated, offers a wide variety of restaurants. See the closest of them below:
- Noodle Express Food Court is 10 m away (a walk of about 1 min.)
- Widerange Restaurant is 20 m away (a walk of about 1 min.)
- Sweet Sugar is 20 m away (a walk of about 1 min.)
Emirates Hospital Clinic - Business Bay is the nearest health facility, which is 560 m away (you can walk there in 7 mins.) from the project, while the closest schools in the proximity of Executive Tower Villas are:
- Urban Yoga Dubai 🧘 is 180 m away (about 2 mins. by foot)
- My servant is 180 m away (about 2 mins. by foot)
- Learning Tree Nursery is 450 m away (about 6 mins. by foot)
Dubai International Airport is located 23.6 km from Executive Tower Villas and it takes about 23 mins. by car or taxi (depending on the traffic) to get there.
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.
After you have found the right property you have to follow these steps:
Agreement of terms and conditions
Sales and Purchase Agreement
Settlement & Transfer
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.
#1 - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?
Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.