Bo Phut, Koh Samui, Surat Thani
Private Pool
Private Garden
Terrace
Covered Parking
Balcony
24H Security
Car Parking
3
Beds
3
Baths
2,607
Sqft
Size
2,418
Sqft
Plot Size
3
Beds
3
Baths
3,005
Sqft
Size
4,258
Sqft
Plot Size
3
Beds
3
Baths
2,607
Sqft
Size
2,522
Sqft
Plot Size
3
Beds
3
Baths
3,005
Sqft
Size
4,801
Sqft
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 The Hideaway you have to follow these steps:
Payment Term Installment Milestone Payment Reservation Deposit Immediately $4,330 Deposit Immediately 25% 1st Installment Upon signing $30,500 2nd Installment Lower floor slab and pool structure $30,500 3rd Installment Roof completed $30,500 4th Installment Block walls completed $30,500 5th Installment First fix MEP and wall rendering $30,500 6th Installment Tiling and installation of doors and windows $30,500 7th Installment Practical completion 20 defects or less $11,600
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