Ko Pha-Ngan, Koh Samui, Surat Thani
Private Pool
Private Garden
Terrace
Covered Parking
Full Western Kitchen
Car Parking
2
Beds
2
Baths
1,771
Sqft
Size
4,016
Sqft
Plot Size
2
Beds
2
Baths
1,771
Sqft
Size
4,294
Sqft
Plot Size
2
Beds
2
Baths
1,771
Sqft
Size
4,294
Sqft
Plot Size
2
Beds
2
Baths
1,953
Sqft
Size
4,303
Sqft
Plot Size
2
Beds
2
Baths
1,953
Sqft
Size
3,766
Sqft
Plot Size
2
Beds
2
Baths
1,953
Sqft
Size
3,826
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 Cocolance Tropical Villa Escapes you have to follow these steps:
Final Construction Stage Installment Milestone Payment Deposit Payment: Signing of Agreements 40% 1st Installment Floor tiles, Windows, Doors Completion 40% 2nd Installment On handover 20% Off-Plan Installment Milestone Payment Deposit Signing of Agreements 30% 1st Installment Foundation Completion 20% 2nd Installment Walls and Roof Completion 20% 3rd Installment Floor tiles, Windows, Doors Completion 20% 5th Installment On handover 10%
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