Koh Phangan, Koh Phangan,Surat Thani AKASHA SPACE 5 Villas Koh Phangan Ban Madua Wan. Construction starts January 2025 Construction finish February 2026. Total area indoor/outdoor: 237m2, plot size 700m2 private pool 21m2, 3.5 Bedrooms, 4 Bathroom luxury build Rental management via AKASHA space retreat center, expected net return 13-15% p.a. Leasehold 30y.
Buyer and tennants have access to retreat facilites such as cafe, restaurant, yoga, gym and spa facilites.
Private Pool 
Rooftop Terrace 
Private Garden 
Terrace 
Outdoor Showers 
Hotel Managed 
On Site Restaurant 
Communal Pool 
Communal Gym 
Bar 
Clubhouse 
24H Security 
Car Parking 
Sauna 
Reception / Lobby Area 
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 AKASHA Space 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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