Ang Thong, Koh Samui, Surat Thani
Beach Access
Pool Access
Duplex
Communal Pool
24H Security
CCTV (Video Surveillance)
Car Parking
BBQ Area
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 Oliver Beach Resort Samui you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately £3,420 Down Payment + 1st Year's Lease Due and payable on the day of contract signing 10% Commencement of Construction Commencement of Construction 35% Completion of Ground Floor Slab Due and payable upon notification and proof of the completion of the ground floor slab. 15% Structural Completion Due and payable upon notification and proof of structural completion, including roof structure, rough electrical and plumbing installations. 20% Completion Due and payable upon notification and proof of completion, including window installation, roofing, flooring, final installations, and pool 15% Final Payment and Handover Due and payable upon notification and proof of completion/acceptance, landscaping completed/sown, furniture fully installed, keys handed over, minus reservation fee. 5%
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