As a future buyer, you might have various questions about purchasing a property in Koh Samui, and our agency is here to help.
Consider the land and the building on the land as two separate things.
The building can be owned by a foreigner or non-Thai national. However, foreigners cannot own freehold land (outright) in their own name. Therefore, you either have two options, the leasehold or the Thai company.
Samui Exclusive is here to help guide you through the buying process. Contact us for more information.
Owning a condominium is simpler as there will be a foreign quota and Thai quota of properties within the building.
If the building has 20 Condominium’s for sale, 11 might be available for Thai’s and 9 available for foreign nationals to purchase. These 9 bought by the Non-Thai national can be freehold. Therefore, you own the freehold rather than a 30-year lease on the property.
Condominium’s for this reason are a popular choice for foreigners to purchase.
The advantages of buying a property in the Thai primary market are:
However, there are also some disadvantages:
Here are the main terms you should look after, if you wish to purchase a property in Koh Samui or Thailand in general.
The “Common Area Maintenance” fees are paid monthly, quarterly or annually in advance.
Pay for the ongoing maintenance and repair of the common areas which could be lifts, swimming pools, club house, security, gardens, cleaning and electricity in those areas.
Typically, 40-100 THB per SQM per month of your property. It will not cover any repairs or maintenance over your owned property.
Owning a property in Koh Samui requires the buyer to follow certain steps, whether we are talking about buying a condo, a villa, a house or a land. Thanks to years of experiences in the real estate industry, Samui Exclusive can advise you and accompany you during the whole buying process. Feel free to contact us to know more about our services.
Give us a call or fill in the contact form and we will get in touch with you as soon as possible