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The property KS053-003 is a 300 square meter resale house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the Santikhiri Estate project in Laem Set, Koh Samui and was completed in 2011 Jan. You can buy this house freehold for a base price of ฿15,000,000 (฿125,000/Sq.M).
Main house :
Located on the cooler and greener side of the hill with a direct access to the Santikhiri infinity pool, Baan Mali offer the most spectacular sunrise. Two separate paths lead you through the lush greenery to two very cozy holiday homes. Baan Mali was created at the same time as the close by Kamalaya resort which was voted the best Spa in Asia for the last 5/6 years.
Baan Mali Guest House :
Baan Mali guesthouse is located on a hill overlooking the beautiful sandy shoreline of Koh Samui while nestled in the luch greenery of the Santikhiri hill.
Both villa’s are situated in the most exquisite surroundings planted right amongst nature’s lush trees and naturally carved rocks. You will immediately be greeted by a stunning sea and mountain view which will take your breath away. The main house is a cool relaxed house with a homey atmosphere. You will feel right at home from the moment you set foot on the porch.
This house features:
Foreign nationals can own the building (house) 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 Santikhiri Estate 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.