Lipa Noi, Koh Samui, Surat Thani
The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry, which secures ownership indefinitely of the structure.
In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.
A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years.
Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points:
After you have found the right property at Lanu Residence you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately $5,860 1st Installment Upon contract signing 40% 2nd Installment Foundation completion 20% 3rd Installment The structure completion 20% 4th Installment The lock up stage 10% 5th Installment On handover 10%
Lanu Residence is located 1110 from 7-Eleven and it can be reached within 2 mins by car.
There are many other shops situated in the area of Lanu Residence, the 3 closest being:
- Laundry Shop is 880 m away (about 11 mins. by foot)
- To and fro is 3.0 km away (an approx. drive of 5 mins.)
- Samui Mart Co.,Ltd is 3.0 km away (an approx. drive of 6 mins.)
The surrounding area, where Lanu Residence is situated, offers a wide variety of restaurants. See the closest of them below:
- Madoo (Come see) Restaurants is 70 m away (a walk of about 1 min.)
- Madoo (Come see) Restaurants is 70 m away (a walk of about 1 min.)
- Madoo Restaurants is 80 m away (a walk of about 1 min.)
Women's consultation is the nearest health facility, which is 1.8 km away (you can drive there in 6 mins.) from the project, while the closest schools in the proximity of Lanu Residence are:
- Samui Island Thai Industry Company Limited is 7.3 km away (an approx. drive of 12 mins.)
- Tutoring small teacher is 17.7 km away (an approx. drive of 27 mins.)
- Greenacre International School, Koh Samui is 8.3 km away (an approx. drive of 11 mins.)
Samui Airport is located 27.0 km from Lanu Residence and it takes about 46 mins. by car or taxi (depending on the traffic) to get there.
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