2. Land Lease and Villa Purchase AgreementsPart 1/2
Q 2.1: How will my villa purchase be legally structured? Does The Six Senses Hideaway Yao
Noi offer freehold land?
A 2.1: With limited exception, Thai law does not allow foreigners to acquire freehold land.
Foreigners, however, are able to lease land in Thailand, and to actually purchase the building
that sits atop the land being leased. Thus, the Six Senses Hideaway Yao Noi will offer you a
long land lease, and will allow you to purchase the villa that sits atop the land you are leasing.
Ownership will be legally structured via a Master Agreement, a Lease Agreement to include
lease obligations, easements and regulations, and a Maintenance and Management
Agreement.
Villa construction will be legally structured via an Individual Construction Contract with our
Contractor and a Construction Management Agreement with a company in our Group who will
act as Owner’s representative.
These agreements will, among other things, collectively regulate the management of the villas and landscaping, limit usage to residential use only, establish maintenance fees for
common areas of the property, establish easements on roads and paths to facilities and
beaches, and create a management relationship with The Six Senses Hideaway Yao Noi
Resort.
Q 2.2: What are the land lease terms?
A 2.2: Under current Thai law, the maximum term of a land lease is 30 years. However, the
Six Senses Hideaway Yao Noi offers you 3 automatic lease extensions of 30 years each.
Therefore, the total duration of your lease would be 30+30+30+30= 120 years. Should the
laws on foreign ownership alter at any later stage The Six Senses Hideaway Yao Noi will not
reasonably withhold any such conversion.