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ASTERIA
• Private estate in Bantai hills, Koh Phangan
island, Thailand
• 5 minutes drive to Tong Sala Pier
• Tropical garden view villas
• Full panoramic sea view villas
• Each villa with private infinity pool, 3 en-suite bedrooms, parking and huge garden
Villa ownership
• Freehold
• Private villas with own plots of land at
company LTD balance
• Turnkey property
• Private road servitude
• Own managment company
Find out how much your property is worth and start your listing for free.
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 Asteria Villas you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately 10% 1st Installment Upon contract signing 30% 2nd Installment after the roof finishing 20% 3rd Installment after MEP works completed 20% 4th Installment On handover 20%