bird's eye view of islands

Frequently Asked Questions

Find answers to your questions about purchasing villas in Thailand and our services.

How can I purchase real estate in Thailand?

When purchasing a condominium in Thailand through Open Space, the property will be registered 100% in your name, giving you full legal ownership and control. Condominiums are the only type of real estate that foreigners can own outright, and Open Space ensures a smooth process, handling all the legal requirements and registration on your behalf.

Is the property furnished?

Yes, all properties can be sold fully furnished, down to the smallest details like towels and sheets, making them ready for immediate use or rental. Open Space provides a detailed interior list to ensure transparency about what’s included. For specific furnishing options and packages, please discuss with our sales team.

Is a condominium fully owned, or is it a leasehold for a certain number of years?

Condominiums purchased through Open Space are fully owned and registered in your name, giving you complete legal ownership.

Is the Koh Ma Valley project located in a developed area?

Yes, the land is situated in a fully developed area near existing properties, resorts, and the sea shore. It offers convenient access to Koh Ma National Island and Mae Haad Beach, making it part of a well-established and thriving community.

Is there convenient access to the property?

Yes, in all villa projects managed by Open Space, including those with private land ownership, there are well-maintained access roads leading to the properties, ensuring easy and convenient access for residents.

What is there to do around the Koh Ma Valley area?

The Koh Ma Valley area offers a wide range of activities. Situated directly across from Mae Haad Beach, you can walk to the stunning Koh Ma National Island at low tide. It's just an 8-minute walk to the beach, where Koh Ma Island awaits. The property is also close to the scenic Wang Sai Waterfall, only a 5-minute walk away, and near the famous 420 Bar, offering a 360 degrees breathtaking views of Koh Ma and sunsets over the ocean. The area is well known for retreats, yoga classes, and other wellness activities, along with plenty of nearby beaches, diving spots, and nature trails.

Who will take care of my property? Is there a property management service?

Yes, there is a property management service available. We offer maintenance, security, and rental management services for both short-term and long-term rentals, ensuring your property is well-maintained.

What is the Koh Ma Valley Villas project?

Koh Ma Valley Villas is a luxury residential project featuring 12 exclusive villas, each with 5 bedrooms, a private pool, and spacious living areas. This project is situated on private land, meaning each customer will have full ownership of their land and private villa. Nestled in a valley offering stunning mountain and sea views, the villas are just minutes from the beach, providing a perfect blend of privacy and natural beauty.

How does the off-plan purchase process work?

Off-plan purchases involve selecting and buying your property before construction begins, often with early-bird pricing. A 30% down payment is required at signing, with the remaining balance paid in milestones throughout the construction process.

What legal assurances do I have when buying off-plan?

When purchasing off-plan through Open Space, we provide legally binding contracts to ensure transparency and security. Our dedicated legal team will handle all aspects of the process, ensuring full compliance with Thai laws. We also provide a clear project timeline with milestones and financial transparency. With regular updates and a proven track record, you can feel confident that your investment is protected and the project will be completed as promised.

What are the financial terms for purchasing a villa?

The financial terms for purchasing a villa with Open Space include an initial payment of 30% upon signing the contract. The remaining balance is divided into payments linked to construction milestones. Each project, whether a villa in Koh Phangan or a condo in Pattaya, follows its own specific payment schedule based on the development stages. Detailed terms, including the breakdown of payments, will be provided during the purchase process, ensuring full transparency.

Can I customize my property?

Yes, early buyers have the option to customize aspects of both villas and condominiums, including finishes, fixtures, and layouts, depending on project timelines. All properties come with high-end quality materials as a standard, but interior adjustments can be made to suit your personal preferences. This flexibility allows you to tailor your property while maintaining the luxurious standards of the project.

What is the expected completion date for the villas?

The Koh Ma Valley Villas project in Koh Phangan is expected to be completed within 12 to 18 months from the start of construction. While the timeline is set for up to 18 months, projects in Thailand often progress faster than in the Western world, so it could be completed in as little as 12 months. For condo projects, the timeline depends on the stage at which the customer enters the project, with completion typically taking between 24 to 48 months, depending on the project’s scale and progress. Regular updates will be provided throughout the construction process.

Are there any additional costs or fees?

Yes, each project will have its own additional costs, which may include transfer fees, taxes, and ongoing maintenance expenses. For the Koh Ma Valley Villas and other projects, detailed information about these costs will be provided based on the specific property. This ensures transparency and allows you to understand all financial commitments involved in your purchase.

What amenities and services are included?

Both the Koh Ma Valley project and our condominium developments offer premium amenities designed for comfort and convenience. Villas in Koh Ma Valley include private pools, landscaped gardens, 4 master bedrooms, a flexible additional room (for use as a gym, cinema, or extra bedroom), private parking for 2 cars, outdoor BBQ areas, and spacious outdoor living spaces, with property management services available for seamless upkeep.

For condominium projects, amenities vary by development but often include features such as swimming pools, fitness centers, lush gardens, and 24/7 security. Each project provides a detailed brochure outlining all offerings to help you explore the features of your chosen property.

What is the potential for rental income or resale value?

Both the Koh Ma Valley project in Koh Phangan and our condominium projects offer exceptional potential for rental income and resale value. With high demand, strong occupancy rates, and consistently good weather, these properties yield impressive returns. Villas and condominiums in prime locations provide excellent rental yields and significant resale appreciation. For detailed ROI estimates, please contact our sales team.

How can I visit the site or view the project plans?

We offer site visits and virtual presentations. Contact us to arrange an appointment.

What is our experience?

Open Space works with highly experienced teams across the globe, bringing together decades of expertise. Our collaborative network spans management, architectural design, engineering, and construction companies, ensuring excellence at every stage of development. As outlined on our website, we leverage this broad experience to deliver world-class real estate projects.