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Freehold villas available to foreigners.

The Nation (Thailand)

| March 20, 2006 | COPYRIGHT 2008 Nation Multimedia Group. (Hide copyright information)Copyright

(From The Nation (Thailand))

Byline: The Nation.

La Royale Beach's masterpiece units top seafront site

One of the most frequent complaints by foreign buyers is that they cannot own landed property in Thailand.

As such, many foreigners have to acquire such property using a lease agreement or by proxy, who is sometimes their local spouse.

Recently in Pattaya, however, Wise Power Land, the developer of La Royale Beach Condominium, has come up with an option that breaks new ground on how this dilemma can be overcome.

Its six exclusive beachfront villas, currently being built on a 10-rai seafront estate, are probably as just good if not better than freehold properties. …

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