Bo Phut, Koh Samui, Surat Thani
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 MANEE by Tropical Life Residence you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately 10% 1st Installment Upon contract signing 20% 2nd Installment Completion of Foundations 15% 3rd Installment Completion of Shell 25% 4th Installment Completion of Covering 25% 5th Installment On handover 5%
MANEE by Tropical Life Residence is conveniently located just 590 m from 7-Eleven, which can be reached within 7 mins. by foot.
There are many other shops situated in the area of MANEE by Tropical Life Residence, the 3 closest being:
- 7-Eleven is 250 m away (about 3 mins. by foot)
- Samui Party Pro is 3.9 km away (an approx. drive of 8 mins.)
- Shop 20 baht 9up Thaweesap is 3.9 km away (an approx. drive of 8 mins.)
The surrounding area, where MANEE by Tropical Life Residence is situated, offers a wide variety of restaurants. See the closest of them below:
- Rice is 470 m away (a walk of about 6 mins.)
- Big Noodles Topped with Empire is 210 m away (a walk of about 3 mins.)
- Somtum Panumat is 330 m away (a walk of about 4 mins.)
Public Health Service Center Commemoration 84th Anniversary (Bangrak) is the nearest health facility, which is 360 m away (you can walk there in 5 mins.) from the project, while the closest schools in the proximity of MANEE by Tropical Life Residence are:
- Samui- Asia- Divers is 320 m away (about 4 mins. by foot)
- MA-DTI-GAHN NURSERY is 160 m away (about 2 mins. by foot)
- Jazz up music school is 340 m away (about 4 mins. by foot)
Samui Airport is located 4.0 km from MANEE by Tropical Life Residence and it takes about 9 mins. by car or taxi (depending on the traffic) to get there.
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