We
specialize in assisting foriegners with buying a home to
ensure a smooth transition in lease hold and freehold
agreements.
These villas are on the market as leasehold or freehold
properties, although foreign buyers must usually opt to
buy their home outright while leasing the land. The land
can be leased for a total of 90 years with three renewable
30 year land leases, which include the right to use the
common areas in the project.
After selecting your plot, secure your choice with a
Reservation Agreement along with a 1% of villa price for
reservation fee.The following contracts will be signed
within one month:
1. A 30 year lease of the land with options to renew for a
further two terms of 30 years each giving a total of 90
years, with an agreement to pay your share of the
maintenance of the common areas and services.
2. The signed Lease Contract is then registered with the
Land Department in your own name giving you total security
over the land upon which your Villa is constructed.
3. A Villa Purchase Agreement for the developer to deliver
the home as contracted.
4. A Maintenance Agreement with respect to the common
areas and services to be provided