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A 390-sqm paradise awaits you on the idyllic island of Koh Samui in Thailand's Surat Thani province. Nestled within the exclusive Verano Residence project in the peaceful beach resort of Bo Phut, this luxurious four-bedroom villa is the ultimate haven for those seeking a relaxed retreat amidst postcard-perfect countryside. The property offers plenty of internal space, a spacious layout and well-appointed bathrooms to ensure comfort for all. All for a very attractive base price of ฿20,000,000, around ฿51,282/sqm, it won't stay on the market for long!But time isn't the only thing you're saving when you buy this beautiful holiday home: construction will be completed within 10 months of the purchase date, meaning you'll be soaking up the rays in your own pool before you know it. This is the perfect opportunity to mix business with pleasure. Create the holiday abode of your dreams, surrounded by a landscape of beautiful beaches, national parks and nature reserves, while generating a healthy return on your investment. Don't miss out on this rare opportunity - enquire now to make your vision a reality!
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.
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.
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