Enjoy capital gain appreciation!

The Hermitage provides 2 options for buyers: both freehold and leasehold depending on the buyer's qualification. Under Thai law, foreign nationals may own villas or property developed on land leased by them, but not the land itself.

Buyers sign 30-year leases, with two terms to renew the lease for an additional 30 years each, with the Hermitage Hill Limited, a Thai company.

If buyers wish to sell their villas they can effectively do so either freehold or leasehold. The Hermitage will secure their rights to transfer ownership if requested under the condition that the buyers pay taxes and duty related to the transfer.

If buying a villa from the Hermitage off-plan note the advantages listed below:

Pay marginally less than buying on completion.

Enjoy capital gain appreciation.

Secure the best plot.

Stage payments during the course of construction.