Ko Pha-Ngan, Koh Samui, Surat Thani
Private Pool
Private Garden
Terrace
Corner Unit
Balcony
Outdoor Sala
Outdoor Showers
Bathtub
Communal Pool
Communal Gym
24H Security
CCTV (Video Surveillance)
Sauna
Reception / Lobby Area
Co-Working Space / Meeting Room
Cafe
2
Beds
2
Baths
847
Sqft
Size
-
Plot Size
3
Beds
2
Baths
1,044
Sqft
Size
-
Plot Size
1
Beds
1
Baths
522
Sqft
Size
-
Plot Size
1
Beds
1
Baths
522
Sqft
Size
-
Plot Size
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 Phangan Tropical Villas you have to follow these steps:
Payment Schedule Installment Milestone Payment 1st Installment Upon contract signing 5% 2nd Installment Construction Beginning 30% 3rd Installment Completion of foundation work 25% 4th Installment Completion of ceiling/roof 20% 5th Installment Completion of interiors 17% 6th Installment On handover 3% Contract signature Immediately 15% Completion of foundation and floor constructions Immediately 25% Completion of walls Immediately 25% Completion of ceiling/roof Immediately 20% Handover Immediately 15%
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