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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 Tan Rua Residence you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment
Tan Rua Residence is located 6460 from Family Mart Bang Po and it can be reached within 16 mins by car.
There are many other shops situated in the area of Tan Rua Residence, the 3 closest being:
- aekjaroenkarnchang is 6.8 km away (an approx. drive of 16 mins.)
- Samui water park is 6.6 km away (an approx. drive of 17 mins.)
- Beach Toys is 4.1 km away (an approx. drive of 11 mins.)
The surrounding area, where Tan Rua Residence is situated, offers a wide variety of restaurants. See the closest of them below:
- Ton Noon Restaurant is 5.0 km away (approx. 13 mins. by car)
- Kill don noon is 4.9 km away (approx. 13 mins. by car)
- Mai Thai Restaurant is 5.4 km away (approx. 24 mins. by car)
Sri Phala Clinic is the nearest health facility, which is 9.2 km away (you can drive there in 19 mins.) from the project, while the closest schools in the proximity of Tan Rua Residence are:
- Rock House Global is 900 m away (about 16 mins. by foot)
- Child Development Center, Municipality 5, Wat Phu Khao Thong is 2.2 km away (an approx. drive of 6 mins.)
- Soofun Nursery is 2.6 km away (an approx. drive of 7 mins.)
Samui Airport is located 14.4 km from Tan Rua Residence and it takes about 30 mins. by car or taxi (depending on the traffic) to get there.