- Sell
- Sign up or Log in
-
English- en
-
THB - ฿
- Buy
- Rent
- Surat Thani Property For Rent
- Surat Thani Market Overview
- See Newest Rentals
- List your Rental
- Sell
- Projects
Find out how much your property is worth and start your listing for free.
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 The Bay Ridge 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
The Bay Ridge is conveniently located just 280 m from 7-Eleven, which can be reached within 4 mins. by foot.
There are many other shops situated in the area of The Bay Ridge, the 3 closest being:
- SM Shop Company Limited is 300 m away (about 5 mins. by foot)
- Birdcage project, chicken rice paddy, bird food, fish food is 1.1 km away (an approx. drive of 2 mins.)
- Mini Big C Ban Plai Laem, Samui is 700 m away (about 9 mins. by foot)
The surrounding area, where The Bay Ridge is situated, offers a wide variety of restaurants. See the closest of them below:
- The Shakespeare pub is 900 m away (a walk of about 12 mins.)
- Maithy Lounge is 200 m away (a walk of about 4 mins.)
- Mom's Kitchen, Je Ew, made to order food is 290 m away (a walk of about 4 mins.)
Public Health Service Center Commemoration 84th Anniversary (Bangrak) is the nearest health facility, which is 3.9 km away (you can drive there in 8 mins.) from the project, while the closest schools in the proximity of The Bay Ridge are:
- Ginger Hut Music House is 430 m away (about 6 mins. by foot)
- Nurul Hidaayah Mosque, Ban Bang Rak is 1.6 km away (an approx. drive of 3 mins.)
- Masjid Nurul hidayah Koh samui (Tansri Dr.Nik Hussian bin Abdul rahman Malaysia) is 1.6 km away (an approx. drive of 3 mins.)
Samui Airport is located 4.9 km from The Bay Ridge and it takes about 11 mins. by car or taxi (depending on the traffic) to get there.