Ang Thong, Koh Samui, Surat Thani
Beach Access
Pool Access
Duplex
Communal Pool
24H Security
CCTV (Video Surveillance)
Car Parking
BBQ Area
2
Beds
2
Baths
90
SqM
Size
150
SqM
Plot Size
2
Beds
2
Baths
90
SqM
Size
150
SqM
Plot Size
2
Beds
2
Baths
90
SqM
Size
150
SqM
Plot Size
2
Beds
2
Baths
90
SqM
Size
150
SqM
Plot Size
2
Beds
2
Baths
90
SqM
Size
150
SqM
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 The Oliver Beach Resort Samui you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately £3,440 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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