Published in Local Insight

Koh Samui Developer Offers Ownership Structure to Combat Nominee Ownership Issues

Published on: Sep 5, 2024 11:44 AM

Koh Samui Developer Offers Ownership Structure to Combat Nominee Ownership Issues

Sense 8 Development, a premier real estate development company, has crafted a unique double freehold ownership structure for foreigners wishing to invest in property in Koh Samui, Thailand. This innovative solution addresses common concerns around nominee ownership, ensuring compliance with Thai laws and providing long-term security for investors.

A Secure Way to Own Property in Koh Samui

Foreign nationals interested in Thai property often face legal constraints, particularly when it comes to land and house ownership. Sense 8 Development introduces a double freehold control mechanism designed to grant foreign investors legal and direct ownership while adhering to local regulations. This structure is not only legal but also cost-effective and straightforward, making it an excellent choice for those seeking investment security.

How the Double Freehold Structure Works

  • Legal Ownership and Control: Investors receive a share of the freehold company that owns the project land, common facilities, utilities, and property, ensuring legal control over their investment.

  • Long-Term Lease: Each villa owner is issued a long-term lease by the freehold company for their individual land plot, which can extend up to 90 years through automatic extensions, providing stability and peace of mind.

  • Direct Ownership: Owners obtain freehold ownership of their villa and the house registration book in their name, enabling easier access to bank services, visas, and rental licenses in Thailand.

Benefits of the Double Freehold Ownership

  • Legal Compliance: This structure is fully compliant with Thai laws governing foreign ownership.

  • Financial Security: Owners can enjoy the financial benefits of direct property ownership, including potential income through rentals and property appreciation.

  • Freedom and Control: Owners have the autonomy to manage their property as they see fit, from renting out to reselling or renovating.

Why Choose Sense 8 Development?

Sense 8 Development has established itself as a reliable developer with a proven track record on the tropical island of Koh Samui. By choosing this developer, investors not only secure a luxurious property but also benefit from comprehensive management services ensuring a hassle-free investment experience.

This double freehold ownership structure by Sense 8 Samui Villas represents a significant innovation in property ownership for foreigners in Thailand, promising security, legal compliance, and complete control over your investment.

Key Takeaways

  • Sense 8 Samui offers a secure double freehold ownership structure for foreign investors.

  • This structure ensures legal compliance and full control over the investment.

  • It is ideal for those seeking to invest in luxury villas in Koh Samui with a reliable income from rentals.

Learn more about Sense 8 Samui Project 

Contact our team today to discuss your dream villa investment at hello@lazudi.com

 

 

Naipaporn
Naipaporn Janbang Author
Property Content Specialist

Experienced content creator specializing in social media marketing, with a focus on the property market. Also, an SEO content specialist with over three years of experience in property marketing. Proficient in leveraging various digital channels to maximize brand exposure and drive engagement.

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