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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 ATARA Luxury Pool Villas you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment
ATARA Luxury Pool Villas is located 1.6 km away from 7-Eleven and it can be reached within 6 mins by car.
There are many other shops situated in the area of ATARA Luxury Pool Villas, the 3 closest being:
- Takun farm is 180 m away (about 3 mins. by foot)
- Suan Prao behind Lotus Samui is 1.8 km away (an approx. drive of 5 mins.)
- WS_SAMUI 8041 is 1.9 km away (an approx. drive of 6 mins.)
The surrounding area, where ATARA Luxury Pool Villas is situated, offers a wide variety of restaurants. See the closest of them below:
- popular basil@samui is 1.2 km away (approx. 4 mins. by car)
- KittyWolf Thai Food Restaurant is 810 m away (a walk of about 11 mins.)
- Nom Jeen, Aunt Lek is 880 m away (a walk of about 12 mins.)
Thai International Hospital is the nearest health facility, which is 2.1 km away (you can drive there in 7 mins.) from the project, while the closest schools in the proximity of ATARA Luxury Pool Villas are:
- Wat Sawang Arom School (Primary) is 1.1 km away (an approx. drive of 3 mins.)
- Wat Sawang Arom School is 1.6 km away (an approx. drive of 5 mins.)
- Praphat Dhammakhun Child Development Center is 1.8 km away (an approx. drive of 6 mins.)
Samui Airport is located 6.1 km from ATARA Luxury Pool Villas and it takes about 16 mins. by car or taxi (depending on the traffic) to get there.