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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.
After you have found the right property you have to follow these steps:
Agreement of terms and conditions
Sales and Purchase Agreement
Settlement & Transfer
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.
#1 - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?
Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.
Indu Beach (Private Villas) is located 1780 from FamilyMart and it can be reached within 2 mins by car.
There are many other shops situated in the area of Indu Beach (Private Villas), the 3 closest being:
- 7-Eleven is 3.2 km away (an approx. drive of 2 mins.)
- 7-Eleven is 2.9 km away (an approx. drive of 5 mins.)
- Convenience Store is 3.9 km away (an approx. drive of 4 mins.)
The surrounding area, where Indu Beach (Private Villas) is situated, offers a wide variety of restaurants. See the closest of them below:
- Baan khun lung samui is 620 m away (a walk of about 8 mins.)
- Samui Pirates Restaurant is 620 m away (a walk of about 8 mins.)
- Pirate of Samui is 620 m away (a walk of about 8 mins.)
Angthong Hospital is the nearest health facility, which is 3.7 km away (you can drive there in 6 mins.) from the project, while the closest schools in the proximity of Indu Beach (Private Villas) are:
- Nursery is 2.5 km away (an approx. drive of 3 mins.)
- Sen Yo Sep Ko Samui School is 3.4 km away (an approx. drive of 7 mins.)
- St. Joseph @ Samui is 3.4 km away (an approx. drive of 6 mins.)
Samui Airport is located 20.2 km from Indu Beach (Private Villas) and it takes about 36 mins. by car or taxi (depending on the traffic) to get there.