Maret, Koh Samui, Surat Thani
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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 Sawasdee Pool Villa - Lamai (Freehold) you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿200,000 1st Installment 1st payment ฿2,300,000 2nd Installment 2nd payment ฿1,800,000 3rd Installment 3rd payment ฿1,800,000 4th Installment 4th payment ฿1,400,000 5th Installment 5th payment ฿1,400,000 6th Installment On completion ฿500,000
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