Maenam, Koh Samui, Surat Thani
Rooftop Terrace
Private Garden
Terrace
Corner Unit
Balcony
On Site Restaurant
Communal Pool
Communal Gym
Bar
24H Security
CCTV (Video Surveillance)
Outdoor Kids Zone
BBQ Area
Communal Garden 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.
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 Forest Residence you have to follow these steps:
Installment Milestone Payment Reservation Deposit Upon contract signing 10% 1st Installment Registration and start of construction 20% 2nd Installment Competition of monolithic works and roofing 20% 3rd Installment Ceiling and roof completion 30% 4th Installment On handover 20%
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