Bo Phut, Koh Samui, Surat Thani
3 Bedroom Modern Private Pool Villa with Sala in Bangrak
Private Pool
Private Garden
Terrace
Covered Parking
Wifi Included
Microwave
Oven
TV
Communal Garden Area
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 MANEE by Tropical Life Residence you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately 10% 1st Installment Upon contract signing 20% 2nd Installment Completion of Foundations 15% 3rd Installment Completion of Shell 25% 4th Installment Completion of Covering 25% 5th Installment On handover 5%
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