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Verano Residence is a villa development located in Chaweng, Koh Samui, Thailand. It is 0.7km from the beach with 6 villa units, to be built within 10 months of purchase. It features 24-hour security, CCTV, car parking.When it comes to structural drawings, judging a book by its cover can expose a world of inspiration.
Verano residence’s modern exteriors and unique designs display a wide range of stylistic influences but they all have one thing in common, they embrace the constraints and challenges presented by their environments by creating a unified experience between terrain, materials, and structure.
These buildings do not disrupt the landscape-they have a new road to experience it. Obscuring the lines between vernacular architecture and modernist design principals allows home exteriors to become something more than just beautiful façade. The combination between the smooth white walls and textural stone cladding exert amazing visual.
Phase 2 is on a lower level than Phase 1, with easier access but still with stunning views over the famous Chaweng Bay and over the crystal blue waters to Koh Phangan. Due to the market demand, villas will slightly bigger than in Phase One with an overall layout revised.
Each villa is around 380 sq.m of built up space, with all 3 ensuite bedrooms located on the first floor, offering great seaview from every room in the villa. With the feedback and experience from Phase 1, villas on Phase 2 are built up to the best quality.
After the success of Phase 1 and 2, Verano team has started the construction of Phase 3 in September 2017. In total 13 villas will be built, with a mix a 3 Bedroom villas and massive 600sq.m 4 Bedroom villas; Every villa is now under construction with expected completion for the first villas to be November 2018.
Khun Chuwong, originally from the province of Phuket, visited the island of Koh Samui with his wife Khun Ple in 2005. They immediately fell in love with the island, its people, the lifestyle and decided to make Samui their second home. Meanwhile, Khun Chuwong has been very active in the real estate market decided in 2013 to purchase an enchanted plot in Chaweng Noi that will soon become Verano Residence.
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.
Verano Residence is located 1200 from FamilyMart and it can be reached within 4 mins by car.
There are many other shops situated in the area of Verano Residence, the 3 closest being:
- 7-Eleven is 1.2 km away (an approx. drive of 4 mins.)
- FamilyMart is 1.7 km away (an approx. drive of 4 mins.)
- 7-Eleven is 1.7 km away (an approx. drive of 4 mins.)
The surrounding area, where Verano Residence is situated, offers a wide variety of restaurants. See the closest of them below:
- Jungle Club is 1.8 km away (approx. 7 mins. by car)
- Chanita's Thai Cooking Class is 1.1 km away (approx. 4 mins. by car)
- Samui Island is 2.3 km away (approx. 7 mins. by car)
Ban Don Inter Hospital Chaweng Noi is the nearest health facility, which is 1.3 km away (you can drive there in 4 mins.) from the project, while the closest schools in the proximity of Verano Residence are:
- TEFLworld is 250 m away (about 4 mins. by foot)
- Panyadee - The British International School of Samui is 340 m away (about 6 mins. by foot)
- Amodini is 2.5 km away (an approx. drive of 6 mins.)
Samui Airport is located 7.3 km from Verano Residence and it takes about 21 mins. by car or taxi (depending on the traffic) to get there.