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This villa is a gem waiting to be discovered! Get away from the hustle and bustle of city life and relax in the stylish Paragon Villas development in Bo Phut, Surat Thani. Boasting a huge 272.21 SqM, this 3 bed and 4 bath villa is great for entertaining or simply for everyday living.When you step inside, you'll be impressed with the airy and modern design – the perfect backdrop to create your own paradise. Feel free to go for something bright and airy, or dark and dramatic! With no fixed interior style, you can use your own creative signature to make this villa your own.And that price tag? You'll be able to get hold of this beauty for only ฿12,900,000 (that's ฿47,390/SqM!), a total steal for such an incredible amount of space.If you're looking for a property with a great balance between innovation and comfort, this villa is definitely one to watch! You'll have plenty of room to play with in your new home, which makes it the ideal choice for luxury living. Enquire today and explore the possibilities of this impressive property.
Foreign nationals can own the building (villa) in their own name but not the land that it stands on.
Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.
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 Paragon 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
Payment Term Process Installment Milestone Payment Reservation Deposit Immediately 200,000% 1st Installment Upon contract signing 20% 2nd Installment Lower Plan structure completion 20% 3rd Installment Upper Plan structure completion 10% 4th Installment Roof tile and Lower floor sand cement render completion 10% 5th Installment Sand cement render Upper floor plan and Pool Structure Completion 10% 6th Installment Install Doors and Windows and painting 10% 7th Installment Fix and loose furniture completion 10% 8th Installment On handover 10% Payment term process (2) Installment Milestone Payment Reservation Deposit Immediately ฿200,000 1st Installment Upon contract signing 40% 2nd Installment Sign contract Agreement 10% 3rd Installment Ground Floor Structure Completion 10% 4th Installment Upper floor and Pool Structure Completion 10% 5th Installment Colum, Roof beam, Roof structure, Roof Tile Completion 10% 6th Installment Construction of the wall, Electrical and Sanitation Systems Completion 10% 7th Installment Wall Plastering, Ceiling Work, Tiling Work & Installation of Aluminum Door and Windows Completion 5% 8th Installment On handover 5%
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