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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 at The Privacy Chaweng you have to follow these steps:
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.
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.
The Privacy Chaweng is conveniently located just 450 m from FamilyMart, which can be reached within 5 mins. by foot.
There are many other shops situated in the area of The Privacy Chaweng, the 3 closest being:
- 7-Eleven is 500 m away (about 6 mins. by foot)
- 7-Eleven is 470 m away (about 6 mins. by foot)
- 7-Eleven is 690 m away (about 8 mins. by foot)
The surrounding area, where The Privacy Chaweng is situated, offers a wide variety of restaurants. See the closest of them below:
- Thai hot pot is 360 m away (a walk of about 5 mins.)
- Buffet teacher is 340 m away (a walk of about 4 mins.)
- Che papaya somtum restaurant is 370 m away (a walk of about 5 mins.)
Thai International Hospital is the nearest health facility, which is 940 m away (you can walk there in 12 mins.) from the project, while the closest schools in the proximity of The Privacy Chaweng are:
- Praphatthamakhun Child Development Center is 80 m away (about 1 min. by foot)
- What Sawang Arom School is 240 m away (about 3 mins. by foot)
- Sermsook school is 820 m away (about 10 mins. by foot)
Samui Airport is located 5.0 km from The Privacy Chaweng and it takes about 15 mins. by car or taxi (depending on the traffic) to get there.