THEVA SECURE OWNERSHIP · THE SIGNATURE GUARANTEE
THEVA Buy Back. The guarantee no one else dares to write.
At the end of your lease, you renew first — ahead of any third party, with no limit on cycles. And if you — and you alone — choose not to renew: THEVA buys back your villa at the official appraised value, the State's price, known to all, contestable by no one. The only commitment of its kind on the market.
A priority right. A guaranteed exit. No dead ends.
And at the end of the lease — what happens to my money?
This is THE leasehold question. The one you will ask every developer on the island. And here, honestly, are the answers the market will give you.
Silence. They'll talk about the sunset, the yield, the pool — and hope you don't ask.
The verbal promise. Don't worry, we always renew. Nothing written, nothing enforceable. A promise is worth what the person making it will be worth — in thirty years.
The pre-signed 30+30+30. Renewals signed in advance promising 90 years. Thailand's Supreme Court ruled them unenforceable (ruling 4655/2566). Thousands of buyers discovered their 90-year lease was worth only 30.
THEVA chose a fourth way: answering with a contract clause. Written. Registered. Enforceable.
At THEVA, the answer isn't told. It's signed.
Four questions to ask any developer. Compare the answers.
What happens to my villa at the end of the lease?
Most common answerVariable promises, rarely written
THEVA answerPriority renewal, no limit on cycles, in your contract
And if I don't want to renew?
Most common answerGood luck reselling
THEVA answerTHEVA buys back your house. It's written.
Who sets the price if I exit?
Most common answerA negotiation, a private appraiser at best
THEVA answerThe State: the official appraised value, published by the Treasury Department
Who will still be here in thirty years?
Most common answerA one-shot developer, often already gone
THEVA answerThe group that owns the land, has operated 22 hotels since 2006 — and remains your landlord
Ask these four questions everywhere. You'll come back.
FIRST, YOUR RIGHT
It all starts with a first right: THEVA Priority Renewal. At the end of your lease, the renewal is offered to you first — to you, the villa owner, ahead of any third party, with no limit on cycles. Even if someone offers more for the land, the priority remains yours. It is written into your contract with your project's THEVA Terra — the dedicated land company that owns the soil of your residence — and this priority is transmissible, to your heirs as to your buyer.
THEN, YOUR SAFETY NET
THEVA Buy Back is the guarantee that completes this right: if you — and you alone — decide not to exercise your priority and not to renew, THEVA buys back your house at the official appraised value, the price set and published by the State (Treasury Department), revised every four years.
Who decides?
You, and you alone. Your renewal priority can never be taken from you — and the Buy Back only activates if you choose not to exercise it. It can never be imposed on you.
What price?
The State's official price — not ours. No private appraiser, no figure out of nowhere, no negotiating from weakness. A public reference, the same for everyone.
What form?
A clause in your contract with your project's THEVA Terra. Written. Registered. Enforceable.
Renew first, or exit at the official price: both paths are yours.
The term approaches. The renewal is offered to you first, ahead of any third party. You have nothing to claim: the priority is already yours, in the contract.
You choose. Freely. Neither path can be imposed on you.
3A
You renew. Your house is already yours; you only renew the land lease, for a new 30-year cycle. The price follows a rule written from your signing: your original price, adjusted by a public index — the official appraised value. No one can inflate it to push you out.
3B
You exit. THEVA buys back your house at the official appraised value. A public price, incontestable, known in advance — not an end-of-lease negotiation.
And at the next term? The same priority, again. With no limit on cycles. The mechanism never runs out.
At no step are you the one asking. At every step, you are the one with priority.
A guarantee like this cannot be improvised. It requires three things almost no one combines.
A dedicated guarantor
created on purpose, project by project. Every THEVA residence has its own land company: its THEVA Terra. Within the group, but independent — deliberately. It owns the land and the leases of that one project, and it is the company that signs your contract: priority renewal and Buy Back included. Your guarantee doesn't rest on a distant group promise: it is signed by the company that owns precisely your soil.
A funded guarantor
by design. That company collects the prepaid rents of every lease in your residence. Its treasury is not a promise on honour: it exists by design, fed by the project itself. And it has no economic activity outside of that — no construction site, no trading, no debt. Nothing can drag it down. Every project is ring-fenced: your residence's Terra depends on no other.
A rational buy-back, signed by a group built to last
A villa kept at estate standard, on land the company already owns, that THEVA SuperHost knows how to operate as a five-star rental: for us, a buy-back is not a loss — it is an asset coming in. And behind every Terra, a hotel group that has operated in Thailand since 2006 and remains your landlord, your manager and your guarantor — cycle after cycle.
The Buy Back is not an argument added to a model. It is the model that makes the Buy Back possible.
A written floor, an open ceiling. This is the asymmetry every investor looks for: your downside is guaranteed by contract — priority renewal or buy-back at the official price — while your upside stays fully open: five-star rental, appreciation, free resale at market price. The risk is bounded. The potential is not.
Your worst case is written. Before you sign, you already know your floor. How many investments in the world give you their worst case in writing?
Last-resort liquidity. Real estate is famously illiquid: you need a buyer, at the right time, at the right price. With the Buy Back, there is always a buyer at the end of the chain — and it's already in your contract.
Zero pressure at term. The renewal follows a public index, the exit is guaranteed: no one can play the clock against you, inflate a price, or corner you. You are never a forced seller.
A serene transmission. Your heirs inherit the villa — and the same renewal priority. What you build doesn't stop with you.
A stronger resale. Your future buyer inherits the same guarantees — priority, Buy Back — and THEVA Financia can finance them. An asset that reassures better sells better, and faster.
The Buy Back isn't just for exiting. It strengthens everything before it.
You renew.
First, ahead of any third party, with no limit on cycles, at a publicly indexed price. Your house remains yours — it always was.
You resell.
At any time, freely, at market price. Your rights are transferable — and THEVA Financia can finance your buyer.
You are bought out.
You decide not to renew? THEVA buys back your house at the official appraised value. Guaranteed exit.
Your villa is never confiscated: you renew, or you are bought out.
Straight questions, written answers
The State, not THEVA. The official appraised value is set and published by the Treasury Department, revised every four years. Neither you nor we can influence it — which is exactly what makes it incontestable.
No. The commitment is a clause in your contract, enforceable. It depends neither on the market nor on the mood of the day.
Never. It only activates if you choose not to exercise your renewal priority. As long as you renew, your villa remains yours — cycle after cycle, without limit.
You sell freely, at any time, at market price. The Buy Back is not your only exit: it is your guaranteed exit.
Because a guarantee only has value if it is incontestable. A market price is negotiated, contested, expert-dependent. The appraised value is public, official, identical for everyone. It is your guaranteed floor — the market remains your ceiling, through free resale.
No. It is neither a paid option nor an insurance policy to subscribe to. It is part of the THEVA model — included in your contract, for every villa, from day one.
The company that signs your Buy Back — your project's THEVA Terra — has only one job: owning the soil of your residence and collecting its rents. It collects the prepaid leases, carries no debt, runs no other business. Its capacity to buy back is not a promise: it is its very construction. And every project has its own — your guarantee depends on no other project.
Your rights depend on no one: recorded on the Chanote in the State register, they are enforceable against all — including any new owner of the soil. They survive everything.
The Buy Back is the signature guarantee of THEVA Secure Ownership, the framework that protects you at every stage. Before: your rights registered in your name on the Chanote, your money under escrow. During: the right of superficies that makes you the legal owner of your villa, the land ring-fenced in your project's THEVA Terra. After: priority renewal without limit — and if you prefer to exit, the Buy Back.
Our conviction is simple: an investment on the other side of the world should never rest on trust alone. Trust is earned; commitment is written. The buy-back clause sits in your contract with your project's THEVA Terra, shown to you in black and white before any signature. The full mechanism — priority, public index, Buy Back — is detailed in the THEVA Secure Ownership dossier, freely downloadable.
We sign our commitment before you sign yours.
Invest with a written floor.
One call is enough to see the clause, the mechanism and the figures — in black and white.