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Neo Estate Corporation. was founded by Bodin Sritrakul, an architect and designer of famous villas in Koh Samui for more than 15 years. The consulting and design services for villas and property management On Koh Samui
Neo Estate Corporation core services consist of all matters related to project design and property management, ranging from investment consulting and project design and development to project marketing.
Bodin Sritrakul a qualified Architect and Developer, who has been designing and building villas exclusively on Koh Samui for more than 15 years. His design philosophy is to try and create a buildings which blend in as seamlessly as possible with the environment, along with quality construction.
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?
What is the process of a property purchase in Thailand?
After you have found the right property you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment
Nakara Villas is located 1590 from FamilyMart and it can be reached within 4 mins by car.
There are many other shops situated in the area of Nakara Villas, the 3 closest being:
- 7-Eleven is 3.1 km away (an approx. drive of 4 mins.)
- 7-Eleven is 5.0 km away (an approx. drive of 6 mins.)
- 7-Eleven PTT Na Mueang is 5.1 km away (an approx. drive of 9 mins.)
The surrounding area, where Nakara Villas is situated, offers a wide variety of restaurants. See the closest of them below:
- JP Restaurant is 900 m away (a walk of about 15 mins.)
- The Fisherman's Outlet is 880 m away (a walk of about 15 mins.)
- Reef Café, Centara Villas Samui is 1.2 km away (approx. 4 mins. by car)
Prachak Medical Clinic is the nearest health facility, which is 3.6 km away (you can drive there in 7 mins.) from the project, while the closest schools in the proximity of Nakara Villas are:
- Wat Klang School is 2.4 km away (an approx. drive of 7 mins.)
- Rick Tew's is 1.4 km away (an approx. drive of 4 mins.)
- Ban Na Khai School is 2.6 km away (an approx. drive of 6 mins.)
Samui Airport is located 21.0 km from Nakara Villas and it takes about 42 mins. by car or taxi (depending on the traffic) to get there.