Maenam, Koh Samui, Surat Thani
Wet Bar
Private Pool
Private Garden
Terrace
Covered Parking
Maids Quarters
Full Western Kitchen
Oven
TV
24H Security
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 Paradise Spring Villas you have to follow these steps:
Payment Plan Installment Milestone Payment Reservation Deposit Immediately 5% Down Payment Upon contract signing 15% 1st Installment Foundation Completion 25% 2nd Installment Lock-up Stage & Structure Completion 25% 3rd Installment Fix-out & Finishing Stage 20% 4th Installment On handover 10%
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