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Golf Terrace consists of serviced hotel apartments and townhouses (townhouses located on the first two levels of the building). The project comprises of a studio, 1, 2, 3 and 4 serviced hotel apartments to be managed by NAIA, Damac’s hospitality division. The Golf Terrace offered a luxury furnished and serviced featuring satellite TV and telephone connection points, ceramic tiled floors throughout, fully equipped kitchen with cabinets. The bath is fitted with floor to wall ceramic tiles and standard sanitary ware, fittings, and accessories. The balcony opens to spectacular international Golf course view and serene greens. This the life that u want to live for, Strategically located in the western quarter of Dubailand, Golf Terrace at Akoya is within easy access to some of Dubai’s landmark locations, shopping districts, leisure spots, and entertainment options.
Golf Terrace By Damac is located 9190 from allday minimart -Studio City and it can be reached within 13 mins by car.
There are many other shops situated in the area of Golf Terrace By Damac, the 3 closest being:
- DAMAC Hills Community Center is 3.1 km away (an approx. drive of 9 mins.)
- City Studio Dubai is 8.3 km away (an approx. drive of 12 mins.)
- Villa 14 is 9.6 km away (an approx. drive of 14 mins.)
The surrounding area, where Golf Terrace By Damac is situated, offers a wide variety of restaurants. See the closest of them below:
- Stoke House is 1.6 km away (approx. 5 mins. by car)
- CHOMA CHOMA Afro Street BBQ is 2.6 km away (approx. 7 mins. by car)
- Palermo is 9.0 km away (approx. 14 mins. by car)
Vitalite Medical Center is the nearest health facility, which is 6.7 km away (you can drive there in 12 mins.) from the project, while the closest schools in the proximity of Golf Terrace By Damac are:
- Rackets Academy Tennis Coaching & Courts is 9.9 km away (an approx. drive of 16 mins.)
- Jebel Ali Village Nursery is 8.5 km away (an approx. drive of 11 mins.)
- School parking is 8.4 km away (an approx. drive of 12 mins.)
Dubai International Airport is located 44.4 km from Golf Terrace By Damac and it takes about 40 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.