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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 at Verano Residence 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.
Verano Residence is located 1.9 km away from FamilyMart and it can be reached within 6 mins by car.
There are many other shops situated in the area of Verano Residence, the 3 closest being:
- Pu O Shop is 8.2 km away (an approx. drive of 15 mins.)
- B.M. Toys & Games is 8.0 km away (an approx. drive of 14 mins.)
- Lotus is 7.6 km away (an approx. drive of 13 mins.)
The surrounding area, where Verano Residence is situated, offers a wide variety of restaurants. See the closest of them below:
- Chanita's Thai Cooking Class is 840 m away (a walk of about 17 mins.)
- Nely retaurant is 950 m away (a walk of about 19 mins.)
- Samui Viewpoint is 540 m away (a walk of about 6 mins.)
Ban Don Inter Hospital Chaweng Noi is the nearest health facility, which is 2.0 km away (you can drive there in 5 mins.) from the project, while the closest schools in the proximity of Verano Residence are:
- TEFLworld is 1.7 km away (an approx. drive of 6 mins.)
- Panyadee - The British International School of Samui is 1.8 km away (an approx. drive of 7 mins.)
- Amodini is 3.2 km away (an approx. drive of 8 mins.)
Samui Airport is located 8.0 km from Verano Residence and it takes about 20 mins. by car or taxi (depending on the traffic) to get there.