Maenam, Koh Samui, Surat Thani
Wet Bar
Duplex
Washing Machine
Microwave
TV
Communal Pool
24H Security
CCTV (Video Surveillance)
Communal Garden Area
1
Beds
1
Baths
492
Sqft
Size
-
Plot Size
1
Beds
1
Baths
264
Sqft
Size
-
Plot Size
1
Beds
1
Baths
264
Sqft
Size
-
Plot Size
1
Beds
1
Baths
264
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 Cottage Residence you have to follow these steps:
Untitle Installment Milestone Payment 1st Installment Upon contract signing 40% 2nd Installment During Construction 40% 3rd Installment On handover 20%
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