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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 Samui Beach Villas you have to follow these steps:
Unit selection and agreement of terms and conditions
Reservation Agreement
Reservation Deposit
Sales and Purchase Agreement
1st Contract Payment
Payment Installments
Snag List
Transfer
Samui Beach Villas is conveniently located just 100 m from 7 Eleven (center Lamai), which can be reached within 1 min. by foot.
There are many other shops situated in the area of Samui Beach Villas, the 3 closest being:
- Shop THE OUTBACK GIFTSHOP is 210 m away (about 3 mins. by foot)
- Nava Optical is 250 m away (about 3 mins. by foot)
- Silvermania is 340 m away (about 4 mins. by foot)
The surrounding area, where Samui Beach Villas is situated, offers a wide variety of restaurants. See the closest of them below:
- New Thai Food Restaurant is 10 m away (a walk of about 1 min.)
- Apple food is 30 m away (a walk of about 1 min.)
- Eidy Isaan and Thai food is 30 m away (a walk of about 1 min.)
General practitioner's office is the nearest health facility, which is 860 m away (you can walk there in 11 mins.) from the project, while the closest schools in the proximity of Samui Beach Villas are:
- Retreat is 500 m away (about 6 mins. by foot)
- Samui Island Divers is 430 m away (about 5 mins. by foot)
- L&T Samui Co.,Ltd is 520 m away (about 6 mins. by foot)
Samui Airport is located 13.3 km from Samui Beach Villas and it takes about 26 mins. by car or taxi (depending on the traffic) to get there.