Choengmon lies on the north east peninsular and adjoins Plai Laem to the west and Chaweng to the south. It is one of the more heavily developed areas with private villas and a number of high quality hotels including the Imperial Boat House and Sala Samui. The road running through Choengmon has numerous restaurants and the usual selection of tailors and convenience stores. Choengmon Beach is regarded as one of the best beaches in Samui being quieter and less crowded than the popular Chaweng and Lamai beaches. It is a crescent of silver sand in a sheltered bay without strong currents and shelving only gradually away from the shore. A number of beach side restaurants front onto the beach.

The airport is close by with arrivals 10 minutes and departures 15 minutes away.

ONLY A LIMITED NUMBER OF FOREIGN FREEHOLD UNITS LEFT!!

Horizon Residence is Koh Samui’s premier condominium development. Located only a 4 minute walk to Koh Samui’s most beautiful beach, “Choeng Mon”. The Horizon Residence location could not be better situated, the airport is only minutes away, as are the main restaurants, bars, shopping areas, and the night life of Chaweng.

Horizon Residence is offering its owners a fully managed investment and lifestyle opportunity. The stunning apartments and town houses will offer an unrivaled build quality, with a contemporary design. Providing modern living in an idyllic setting, the beautiful gardens and inviting pools will encapsulate the surroundings, and provide a peaceful environment for owners and guests to enjoy.

The high quality accommodation and ambient communal areas, including 3 communal swimming pools, a bar/restaurant, gym, and a professional team of hotel experienced staff, we will ensure that Horizon Residence will be a great place to stay for the abundance of tourists and owners that prefer the independence of staying in a “home from home”.

Contact us and we will send you a full brochure.

What is a Foreign Freehold?

There are restrictions on Foreigners owning real estate in Thailand, specifically land. They are however permitted to own in their own name a structure on land. Full title to both land and house is therefore not easily possible.

The exception to this is provided by the Condominium Act 1979 which specifically allows foreigners to have a freehold interest in a Condominium unit in their own name. There are restrictions on the number of units in a building that may be owned by foreigners and only 49% of the space in a building may be so designated.

There are rules about how the Condominium must be paid for. The entire purchase price must be transferred into Thailand in foreign currency and converted to Thai Baht here. A Foreign Exchange Transaction Form will be issued and must be presented to the Land Office on registration of the purchase. This also allows the same amount to be transferred out of Thailand at a later date without tax implications.