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The Suksan Group has been building and delivering a wide variety of properties to buyers in Phuket, initially in the southern community of Rawai and Nai Harn, but now expanding throughout the island.
After starting with a small project of 4 villas in 2007, The Suksan Group has expanded and successfully built and delivered over 42 villas in 6 projects to buyers from around the world. Being one of the island’s most successful privately owned property development companies, The Suksan Group gives you the security of knowing that you are dealing with an experienced developer that completes and delivers what buyers expect.
Villoft Zen Living – Resort and Spa is The Suksan Group’s newest development and will be an exceptional property investment that you can also enjoy. Our latest development, Villa Sunpao at Layan Beach, was completely sold and delivered to customers in less than 20 months. With the success of Villa Sunpao, The Suksan Group is poised to bring their next success story to Phuket in 2017, Villoft Zen Living at Layan Beach.
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:
After you have found the right property at Villa Sunpao Ao Nang you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately 2% 1st Installment Upon signing of contract within 10 days 28% 2nd Installment Upon footing completion 20% 3rd Installment Upon concrete structure completion 20% 4th Installment Upon roof completion 10% 5th Installment Upon electric and plumbing conduits completion 10% 6th Installment On handover 10%