INVESTMENTS

Mixed-use properties are among the most attractive investments in the real estate sector today. By combining residential units and commercial services in the same complex, owners can benefit from having everything they need, right on their doorstep.

What’s more, these large-scale projects are often overseen by some of the brightest minds in the industry. Leading architecture and design studios are increasingly trying to outdo each other with the quality of their projects, creating wonderfully innovative projects. Many new developments are also being built in an eco-friendly manner, including highly efficient concepts that reduce the cost of energy bills and create a more pleasant environment for residents.

As opposed to single-use properties, like standalone condo buildings, office blocks or shopping centres, mixed-use properties incorporate a range of accommodation and auxiliary amenities in the same complex, often tailored to a certain type of tenant or resident.

Some may be focused around the corporate sector, some may have a strong retail element, and others may be dedicated to retirees with healthcare and concierge services. MontAzure for example, features a collection of private luxury estates, waterfront apartments, upscale leisure facilities and more, spread across 72 hectares of mountain to beachfront land on Phuket’s west coast, which makes it ideal for well-heeled residents seeking a new life in paradise.

Because they have been built in a way that combines support services and facilities, investors know their residence will have a long-term appeal. These areas often become vibrant communities where guests can mingle with fellow residents and access a full range of facilities. And in many cases they are well connected by transport links, which further enhance the investment potential and raise rental demand.

Finally, residents and investors in mixed-use developments can benefit from professional property management services, which ensures that the quality and value of the development is maintained in the long term. For example, MGallery Residences MontAzure is supported by Accor, one of the world’s largest and most prestigious hotel groups, ensuring exceptional service for all residents.

THERE IS NO DOUBT THAT MIXED-USE
DEVELOPMENTS ARE BECOMING MORE
POPULAR IN THAILAND, AND ACROSS
THE WORLD.

For developers, combining multiple elements reduces (or at least spreads) the risk of their project, while also enhancing their ability to attract tenants. Increasingly, we are seeing new projects targeted at specific sectors of the market, such as elderly guests or high-end residents, with customised services to suit. In Thailand it is also becoming common to see mixed-use developments rising near major transport links, such as expressways and mass rapid transport stations.

The Best Mixed-Used Development
In Thailand

MontAzure is a great example of how mixed-use developments, when done right, can elevate a destination and enhance the lives of residents and investors. Created by three of the most prestigious property and hotel investment groups in Asia – The Narai Group (Thailand), Arch Capital (Hong Kong) and Philean Capital (Singapore), part of Pontiac Land Group – it has already received a series of prestigious industry honours, including “Best Mixed-Use Development (Thailand)” at the PropertyGuru Asia Property Awards.

Nestled on Phuket’s highly desirable sunset coast, this expansive complex is home to a series of international hospitality and leisure brands, including MGallery Residence MontAzure, Twinpalms Residences MontAzure, InterContinental Phuket Resort and Cafe Del Mar, which are transforming Kamala Bay and the entire island.

LEGALLY PROTECTED & COMMON FOR FOREIGNERS

Foreigners cannot directly own land or a condominium which does not have a foreign freehold title in Thailand. Leasehold is the most secure and legally accepted way for foreigners to control property long-term — typically up to 90 years (30+30+30). It is fully compliant with Thai law.

Lease agreements are registered at the Phuket Land Department, making them legally binding and secure, giving full legal recognition and enforceability.
Many top resorts, beachfront villas and luxury condos in Phuket operate under leasehold — proven and safe.

LONG-TERM SECURITY: A PROPERLY STRUCTURED LEASE INCLUDES:

You fully own the condo unit for the lease term (typically 30+30+30 years = up to 90 years), with full usage and occupation rights, rental potential, the ability to transfer the lease and resale value, just like freehold.
The only difference compared to freehold is the duration — however the day-to-day benefits are the same.
Legal safeguards written into the contract to protect your investment.

PHUKET'S HIGH DEMAND = STRONG INVESTMENT

Phuket's property market is booming, with rising rental yields and resale demand.
Even leasehold condos appreciate in value due to tourism and limited supply.

EASIER EXIT STRATEGY

Leasehold condos in prime Phuket locations (Patong, Kamala, Surin) are highly rentable and sell quickly if needed.
Investors often profit from resale before the lease even expires.

LOWER UPFRONT COST VS. FREEHOLD

Leasehold comes with lower transfer fees than freehold.
This can result in a more cost-effective investment with similar lifestyle benefits.

DEVELOPER GUARANTEES AND REPUTATION

When buying from a reputable developer, lease terms are professionally managed and clearly structured, offering peace of mind.
Many high-end developments in Thailand — even ultra-luxury brands — offer leasehold due to land ownership laws.

Final Reassurance:

“Leasehold is the established norm for foreign buyers in Phuket's most prestigious condo developments — secure, profitable, and hassle-free.”

Leasehold VS. FreeholdCONDOS IN PHUKET (FOR FOREIGN BUYERS)

FEATURE	LEASEHOLD	FREEHOLD
Ownership Rights	Full control for lease term (30+ years)	Permanent ownership
Foreign Eligibility	Available to all foreigners	Only 49% of a condo's units can be foreign freehold
Legal Protection	Registered at Land Dept. (enforceable)	Strong protection
Upfront Cost	Often lower purchase price	Usually more expensive
Resale Potential	High demand in Phuket (easy to resell)	Slightly easier, but limited by quota
Renewal Process	Typically renewable (30+30+30 years)	Not applicable
Best For	Investors, retirees, short/medium-term owners	Buyers who want indefinite ownership

FAQ:Leasehold Condos In Phuket

Q.	Is leasehold safe for foreigners?
A.	Yes! Lease agreements are legally registered at the Phuket Land Department, making this ownership structure safe for foreigners.
Q.	What happens after 30 years?
A.	Most leases include renewal clauses (e.g., 30+30+30 years). These renewal clauses are written into the contract and backed by the developer. Even if not explicitly stated, renewals are commonly granted (especially in well-managed projects). Most owners sell or reinvest before the lease expires.
Q.	Are there tax benefits to leasehold?
A.	Yes! Leasehold purchases typically involve lower government transfer fees compared to freehold, which helps reduce your upfront costs.
Q.	Can I sell or rent out my leasehold condo?
A.	Yes! You can sell, rent, or transfer the lease to another buyer. Phuket's strong rental market makes leasehold condos a great investment. You have the right to: Live in the property Rent it out Sell or transfer the lease Pass it on to heirs (subject to Thai inheritance laws), just like freehold.
Q.	Why not just buy freehold?
A.	Foreign freehold quota is limited (only 49% of a condo's sellable area). Once it is full, leasehold is the only legal option for foreigners. Freehold requires more paperwork (like a Foreign Exchange Transaction form), while leasehold is simpler. A leasehold title does not require funds to be transferred from overseas.
Q.	Will the value decrease over time?
A.	Not necessarily! Phuket's property market remains strong — well-located condos (beachfront, near amenities) hold or increase value, even as leasehold.
Q.	What if the building gets old or is demolished?
A.	Thai law protects leaseholders — you're entitled to compensation or a new unit in case of redevelopment. Well-managed condos in Phuket maintain their value through upkeep.
Q.	Why do so many luxury developments offer leasehold?
A.	Because Thai law restricts land ownership by foreigners, many well-known branded residences, five-star resorts, and high-end condos use leasehold to offer safe, long-term ownership while staying legally compliant.

Why LeaseholdAT MGALLERY RESIDENCES MONTAZURE IS A STRATEGIC INVESTMENT

MGALLERY RESIDENCES MONTAZURE IS A STRATEGIC INVESTMENT

While MGallery itself is 300 m. from the beach (3–5 min walk), you own a prime property within:
MontAzure's gated beachfront community (shared access to private beach club, pools, and amenities).
Walkability to Kamala Beach without paying beachfront price premiums. Higher ROI potential than beachfront units (lower purchase price + same elite address).

BRANDED LUXURY WITH HOTEL-GRADE SERVICES

MGallery by Accor delivers what generic condos can't:
5-star management (concierge, maintenance, security). Rental program access (high-income potential from Accor's global traveler network).
Future resale advantage (branded residences outperform unbranded).

LEASEHOLD IS THE SMART WORKAROUND FOR SOLD-OUT FREEHOLD

MontAzure's foreign freehold quota is exhausted — leasehold is now the only legal path for foreigners to own here.
30+30+30-year leases (up to 90 years) cover most investment horizons — few hold properties longer.

FINAL PITCH:

“MGallery Residences offers the best of both worlds: walkable beach access without paying beachfront prices, all within MontAzure's gated estate. With freehold sold out, leasehold is your VIP pass to this exclusive community — backed by Accor's global standards for worry-free ownership.”