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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.
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?
After you have found the right property at Janatim Ocean View you have to follow these steps:
Unit selection and agreement of terms and conditions
Reservation Agreement
Reservation Deposit
Sales and Purchase Agreement
1st Contract Payment
Payment Installments
Snag List
Transfer
Janatim Ocean View is located 1490 from FamilyMart and it can be reached within 3 mins by car.
There are many other shops situated in the area of Janatim Ocean View, the 3 closest being:
- Siam watercraft (Seadoo) Samui. is 1.8 km away (an approx. drive of 4 mins.)
- Big C is 1.3 km away (an approx. drive of 3 mins.)
- Big river is 1.3 km away (an approx. drive of 4 mins.)
The surrounding area, where Janatim Ocean View is situated, offers a wide variety of restaurants. See the closest of them below:
- Pad Thai Cafe Suan Mai Mai @ Samui is 290 m away (a walk of about 4 mins.)
- Ban Pho Tao Pua Restaurant Ko Man Thamlak Restaurant is 460 m away (a walk of about 6 mins.)
- Soi Koman is 460 m away (a walk of about 6 mins.)
Choi Khao Phra is the nearest health facility, which is 390 m away (you can walk there in 5 mins.) from the project, while the closest schools in the proximity of Janatim Ocean View are:
- Sivananda Yoga is 270 m away (about 3 mins. by foot)
- A New Language School is 1.4 km away (an approx. drive of 3 mins.)
- Mind Your Language l Thailand is 530 m away (about 7 mins. by foot)
Samui Airport is located 6.0 km from Janatim Ocean View and it takes about 14 mins. by car or taxi (depending on the traffic) to get there.