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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 Rocco Villa you have to follow these steps:
Unit selection and agreement of terms and conditions
Reservation Agreement
Reservation Deposit
Sales and Purchase Agreement
1st Contract Payment
Payment Installments
Snag List
Transfer
Rocco Villa is located 3.3 km away from 7-Eleven and it can be reached within 7 mins by car.
There are many other shops situated in the area of Rocco Villa, the 3 closest being:
- aekjaroenkarnchang is 2.2 km away (an approx. drive of 5 mins.)
- Samui water park is 1.7 km away (an approx. drive of 5 mins.)
- Kit Charoen Yon Shop (Koh Samui) is 3.4 km away (an approx. drive of 7 mins.)
The surrounding area, where Rocco Villa is situated, offers a wide variety of restaurants. See the closest of them below:
- Sereena Restaurant is 1.4 km away (approx. 3 mins. by car)
- Tommy Restaurant is 1.0 km away (approx. 3 mins. by car)
- Mr. is 2.2 km away (approx. 5 mins. by car)
The animal hospital also brings is the nearest health facility, which is 7.0 km away (you can drive there in 12 mins.) from the project, while the closest schools in the proximity of Rocco Villa are:
- Satthachon Islamic Foundation School is 1.9 km away (an approx. drive of 4 mins.)
- Child Development Center, Municipality 5, Wat Phu Khao Thong is 3.5 km away (an approx. drive of 9 mins.)
- Rock House Global is 4.7 km away (an approx. drive of 11 mins.)
Samui Airport is located 12.6 km from Rocco Villa and it takes about 24 mins. by car or taxi (depending on the traffic) to get there.