Detached house for sale in Ko Samui, Thailand

******15% price reduction***** This house has been valued at £230.000 but has now been reduced to £200,000! 8.9 million thb A huge saving.
Part exchange considered!
This beautifully presented 3 bedroom villa is situated in a quiet part of Maenam in a private secluded location. The Villa comprises of gated driveway leading to the basement⁄underhouse parking and additional storage. The downstairs is open plan with kitchen, dining & lounge area as well as a separate downstairs bedroom with ensuite. The open plan living area opens up onto a covered terrace leading to the infinity pool and tropical garden, with outdoor shower. The upstairs consists of the master bedroom with ensuite & outdoor balcony overlooking the pool and a 3rd bedroom with ensuite & private balcony. The Villa is ideally located within a 5 minute drive of Maenam beach & restaurants, 10 minutes from Bophut Fisherman village & 15 minutes from Chewang.
Here are some details about the purchasing process for foreigners in Thailand.
The house is currently owned under a leasing contract with the original developers. Upon sale of the property the current lease would be cancelled with the developer and transferred to the new owners company.
To purchase the house, a Thai company will need to be established to buy the property in freehold.
There are management costs of about 35,000 to 45,000 Baht per year for the company s accountancy.
The buyer is the Managing Director but the company also needs minimum 2 Thai shareholders.
When this is set up correctly, only the Managing Director has any power in the company.
A new Thai company setup costs about 45,000 to 70,000 Baht.
If you require further information on the process please just ask and I will be happy to assist.