Capital Bangkok / Official language Thai / Government Parliamentary democracy and Constitutional monarchy / Area Total 513,115 km2 (50th) 198,115 sq mi / Population 63,038,247 (21st) / GDP Per capita $8,225 / Currency Baht (THB) / www .th / Calling code +66
THAILAND / KO PHANGAN ISLAND - for sale - 150 EUR
Welcome to "Wok Tum Residence" the first luxury residential development on Koh Phangan.
Purchase Price
Each villa is available at an off plan sales price starting at only eight and a half million Thai baht.
Each unit will be available on a perpetual 30 year renewing lease (30+30+30…..)
Off Plan Investment
We expect property values to increase significantly between the date of purchase and completion of construction.
Payment Schedule
30% on exchange, 20% when footings down, 20% at topping out and 30% on hand over.
Ownership Structure
Direct ownership of freehold property by foreign national is not possible in Thailand. Ownership is achieved by a perpetually, renewable lease which offers the lessee full control over the freehold ownership rights, effectively equivalent to freehold ownership. The lease title can be used for mortgage purposes to secure bank borrowing.
more info: www.woktum-residence.com
Property Summary:
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Property Location Map
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