Maret, Koh Samui,Surat Thani
Private Pool
Covered Parking
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 Palmelia Residence you have to follow these steps:
Untitle Installment Milestone Payment 1st Installment Signing of the promise of sale contract 10% 2nd Installment Signing of the sale & purchase contract 20% 3rd Installment Completion of the foundations 30% 4th Installment Completion of the house structure + swimming pool 20% 5th Installment Painting and installation of doors & windows 10% 6th Installment Completion of the development + Handing over of keys and transfer of the villa 10%
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