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The Park Villas by DAMAC Properties is a collection of luxury residences situated within DAMAC Hills’ beautiful theme parks. Live at the forefront of private parkland that spans 4-million square feet and gains access to state-of-the-art recreational facilities all within your reach.
Park Villas are designed with themes that appeal to your senses. The design complements its nature-inspired community with ponds, beaches, picnic parks and wide spaces that can serve as a skate park or a venue for large events.
With nine beautifully-themed areas within the community and amazing amenities like sports centers and jogging tracks, you can live with utmost convenience with Park Villas. The luxury residences with stunning greenery views start at AED 2.5 million.
The Park Villas is located 4720 from allday minimart -Studio City and it can be reached within 12 mins by car.
There are many other shops situated in the area of The Park Villas, the 3 closest being:
- DAMAC Hills Community Center is 150 m away (about 2 mins. by foot)
- Carrefour - Dam of the Hills is 850 m away (about 10 mins. by foot)
- Villa 14 is 5.1 km away (an approx. drive of 13 mins.)
The surrounding area, where The Park Villas is situated, offers a wide variety of restaurants. See the closest of them below:
- Bob's Fish and Chips Damac Hills is 170 m away (a walk of about 2 mins.)
- Stoke House is 4.8 km away (approx. 13 mins. by car)
- CHOMA CHOMA Afro Street BBQ is 660 m away (a walk of about 8 mins.)
Vitalite Health and Wellness Center is the nearest health facility, which is 3.1 km away (you can drive there in 10 mins.) from the project, while the closest schools in the proximity of The Park Villas are:
- Akoya Nursery is 1.7 km away (an approx. drive of 4 mins.)
- CreaKids Nursery Akoya is 1.9 km away (an approx. drive of 5 mins.)
- Jebel Ali School is 1.7 km away (an approx. drive of 5 mins.)
Dubai International Airport is located 42.4 km from The Park Villas and it takes about 36 mins. by car or taxi (depending on the traffic) to get there.
Town Square Dubai is the closest Tourist Attraction from The Park Villas and it is 11.31 km away.
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.