Ko Pha-Ngan, Koh Samui, Surat Thani
AKASHA SPACE 5 Villas Koh Phangan Ban Madua Wan. Construction starts January 2025 Construction finish November 2025 Total area indoor/outdoor: 237m2, plot size 700m2 private pool 21m2, 3 Bedrooms mid-luxury build Rental management via AKASHA space retreat center, expected net return 13-15% p.a. Freehold or leasehold option.
Private Pool
Rooftop Terrace
Private Garden
Terrace
Outdoor Showers
Hotel Managed
On Site Restaurant
Communal Pool
Communal Gym
Bar
Clubhouse
24H Security
Car Parking
Sauna
Reception / Lobby 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 AKASHA Space you have to follow these steps:
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