Ownership Structure

Under Thai law, foreign nationals may own buildings or property developed on land leased by them, but not the land itself. Buyers sign 30-year leases,
with two options to renew the lease for an additional 30 years each, with Ocean Breeze Estate Limited, a Thai company, for the apartment and the right to use the common areas in the project.

The buyers also subscribe to shares in Ocean Breeze Owners Corporation, an offshore company which owns the controlling interest in Ocean Breeze Estate Limited. At the completion of the project, all shares of Ocean Breeze Owners Corporation will be owned by the lessors in the project, giving effective control for renewals and collectively controlling the freehold of the project.

Legal Procedure

To secure the selected Apartment or Suite, buyers sign a Reservation Agreement which defines the relationship you will have with the developer. You will be provided with all relevant documents for review. If you decide to proceed, you will receive the following documents:

  1. A 30-year lease of the apartment with options to renew for a further two terms of 30 years each. This leasing document also gives you the right to
    use all common areas and includes an undertaking to maintain the apartment and provide your share of maintenance costs for the common areas.
  2. An agreement to subscribe to shares in the offshore company. The shares will be transferred when the project is complete, effectively giving control to the lessors in the project over the land ownership and any renewals of the lease, and further control over the maintenance of the common areas.

Payment Installments

A deposit of 50,000 Thai baht is required at the signing of the Reservation Agreement. The deposit is non-refundable should you decide not to proceed
with the purchase. It is used to cover processing of legal documentation and is not part of the purchase price of the apartment.

  • To assist Buyers, the purchase price is split into four convenient payments which are linked to the progress of construction:
  • The first payment (25% of purchase price) is due upon
    signing of the Agreement
  • The second payment (25% of purchase price)
    on completion of the building structure
  • The third payment (25% of purchase price) is due
    at unit lock-up stage; when all doors and windows
    are installed
  • The final payment (25% of purchase price) upon
    handover of the apartment to the Buyer.
  






Rental Pool and Investment

As owner of a Resort apartment or Suite, you will
enjoy a quality of living in one of the world’s most desirable areas. Another benefit is that Phuket properties, especially those in the Laguna / Bangtao / Layan corner of the west coast, are highly sought after, so your new home has recognised potential for capital appreciation.

You can also maximise returns on your investment annually by participating in Ocean Breeze private letting pool.

Renting your residence short-term allows you to use it whenever you wish and enjoy income at other times. Long-term rentals are another option if you do not intend to be in residence for a considerable period.

Common Areas

Ocean Breeze offers an international standard of management designed to enhance your stay at all times and protect your investment, as well as taking care of all rental arrangements.
Common area services include:

  • 24-hour security
  • Gardening and landscaping
  • Refuse collection and general cleaning.

For Your Comfort

Ocean Breeze residents can dine at the Resort restaurant or simply order room service. For self-catering, the Suites come equipped with two-burner hot-pads, a microwave and a refrigerator. Resort Apartments also feature a
fully-fitted kitchen, including range and stove.

Furniture Packages

Furniture packages are available for all units.



Every effort has been made to ensure the accuracy of the information enclosed; however, Ocean Breeze Estate Limited accepts no responsibility for any errors or omissions. Ocean Breeze Estate Limited recommends that professional legal and financial advice is obtained before purchasing a property.