insite

The land ownership is in a Thai Freehold in a Thai company.

The ownership of each unit is established by shares in this company - each unit is allocated 5% of the company regardless of the size or value of the unit.

The nine units represent 45% of the company whilst the developer holds 55%.

There is no title attached to each unit and as such when ownership is transferred it is simply a share transfer and there are no transfer taxes.

I am interested in an apartment in a small development of 9 units - the sizes of these units vary from 90M2 to 220M2

The title for the ground is held in a Thai Freehold in a limited liability company and the shares are allocated on the following basis.

• 55 % for the developer / owner
• 5 % for each of the units regardless of size or contribution. giving a total of 45%

I am wondering if anyone has experience or knowledge of this kind property holding structure and if so what the risks and rewards might be in this regard.

The only advantage I can see for a purchaser is the saving on transfer fees and taxes.

Any assistance would be much appreciated.

Anybody got an interesting recipe ( s ) for Keto breads ?

Ideally I am looking for something in or around Kata , Karon or similar types of areas - nearish to to coast would be good but will consider other options based on merits.

Long term let required.

Fully furnished - 2 bedroom - spacious and light.

Professional couple.

Hopefully your members will get sight of this and respond.

Any thoughts as to where I might place an ad or two ?

Can anyone advise on a few websites offering a good range of long term rentals ?