Lipa Noi, Koh Samui, Surat Thani
Discover Villa Emerald, part of one of the seven villas situated within the Portofino Village, an exquisite retreat perched in the heights of Koh Samui in Lipa Noi offering breathtaking ocean views and a stunning panorama of the renowned Five Islands. Set in a secluded paradise enveloped by palm trees, this idyllic sanctuary promises unparalleled serenity and natural beauty. A true haven for those seeking ultimate tranquility.
Villa Emerald is scheduled for completion in March 2025 and is developed by Stellar Property corp, who is also behind Villa Miami, Villa Pearl and Villa Malibu
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 Villa Emerald you have to follow these steps:
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