2 Bedroom Villa for sale at Lux Neo

4.53 (3 Reviews)
Bo Phut, Koh Samui, Surat Thani
Unit ID: U79401
8% Rental Yield
฿10,500,000
2 Bedrooms
2 Bathrooms
173 SqM Indoor Area
1 Storeys
Jun 2021 Completed

About This Villa

This property is a 173 SqM villa with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Lux Neo project in Bo Phut, Koh Samui and was completed in Jun 2021. You can buy this villa for a base price of ฿10,500,000 (฿60,694/SqM) and it is also available for long term rentals starting from ฿66,000 per month.

Features

Private PoolPrivate Pool TerraceTerrace Covered ParkingCovered Parking

Basic Information

Property Type Villa
Storeys 1
Location Bo Phut, Koh Samui, Surat Thani
Bedrooms 2
Nearest Landmark Chaweng Beach -3.7 Km
Indoor Area 173 SqM
Price per SqM ฿60,694
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 466 SqM
Villa Ownership

Foreign nationals can own the building (villa) in their own name but not the land that it stands on.

Foreign Ownership, Thai Ownership, Company, Leasehold
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

Thai Ownership, Company, Leasehold
Land Title Deed N/A
Construction Completed (Jun 2021)
Furniture
Unfurnished
View(s) Mountain View, Partial Sea View, Park View, Pool View
Unit Type A
Parking Spots 2
Pool Size 33 SQM
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿8,000/mo
Listed By
Developer
Date Listed Jul 12, 2018
Last Updated 2 years ago
Unit ID U79401

Investment Opportunity: Charges & Yield

Sale Price
฿10,500,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿8,000/mo
Rent
฿66,000/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
13
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
8%

Project Details

Project Name: Lux Neo
Developer: N/A
Construction: Made To Order (14 Months)
Units: 30
Project Area: N/A
Nearest Landmark Chaweng Beach - 3.7 Km
Location: Bo Phut, Koh Samui, Surat Thani
Lux Neo Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area
Shuttle Bus Shuttle Bus

Available Units at Lux Neo

For Sale 7 For Rent 2
Get notified when new homes are being added to Lux Neo

Loan Calculator

Project Progress

Lux Neo 40%
Expected completion date: January 2023
Plot 5100%
Type B100%

Payment Plan

Installment Milestone Payment
Deposit
Immediately
฿200,000
1st Installment
Immediately
40%
2nd Installment
Immediately
20%
3rd Installment
Immediately
10%
4th Installment
On completion
10%

Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Lux Neo.
The common area maintenance fee for properties at Lux Neo is a fixed amount of ฿8,000. This amount has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Chaweng Beach is the nearest Beach from Lux Neo and it is 3.7 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years and most developers will offer 3 terms for a total of 90 years.

 

Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property it is important to secure a copy of the lease agreement or get further clarity on these three points.

#1 - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual. 

#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

 

Read more here

After you have found the right property at Lux Neo you have to follow these steps:

 

  • Unit selection and agreement of terms and conditions 

  • Reservation Agreement

  • Reservation Deposit 

  • Sales and Purchase Agreement

  • 1st Contract Payment 

  • Payment Installments

  • Snag List

  • Transfer

 


Installment Milestone Payment
Deposit
Immediately
฿200,000
1st Installment
Immediately
40%
2nd Installment
Immediately
20%
3rd Installment
Immediately
10%
4th Installment
On completion
10%

Read more here

 

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

Do you own a property at Lux Neo?

Find out how much your property is worth and start your listing for free.

Reviews

4.5 out of 5 4.53
Based on
3 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Unique design Villa
5 Maxime Lienard, Former Resident, 2 years ago
I have visited the project on site few weeks ago and I was very suprised by the sea view and the design of the villas. The concept is very unique, it will be a great place to spend holidays for many years.
Amazing location and Sea views
4.6 Verified Visitor, 2 years ago
Had a look around this project - amazing location and super cool design. It will be really nice once completed and certainly is one of the coolest designs I have seen.
The project is located on the hill
4 Rach Mahar, France, 2 years ago
The project is not yet complete and located on the hill. The way up is quite winding and difficult to travel. However, the villa interior is designed quite beautifully. There is an open-air living room, a swimming pool, and a very large private terrace. Surrounding the project is full of nature and offers partial sea views. It is convenient to travel to various places, not far from Chaweng Beach, Makro Samui, and a nearby fresh market. I think it is a good selling point if you want to buy for a long-term investment.
Koh Samui
Bo Phut

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lux Neo

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Sunrise Estate
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
116
Sales Prices
฿5.63M - ฿37.3M
Monthly Rentals
N/A
Year Built
Jun 2023
Completion Status
Off Plan
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
10
Sales Prices
฿14.6M - ฿20M
▲ 5% overpriced
Monthly Rentals
N/A
Year Built
Jan 2010
Completion Status
Made To Order
Project Name
Villa The Wave
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
30
Sales Prices
฿15.1M
▲ 9.5% overpriced
Monthly Rentals
฿75.5K
Year Built
Mar 2016
Completion Status
Completed
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
27
Sales Prices
฿9.57M - ฿26.2M
▲ 5.6% overpriced
Monthly Rentals
฿40.3K - ฿66.5K
Year Built
Dec 2019
Completion Status
Completed
Project Name
Sunrise Residence
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
9
Sales Prices
฿4.83M - ฿5.84M
▼ -14% underpriced
Monthly Rentals
N/A
Year Built
Nov 2008
Completion Status
Completed
Project Name
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Location
Bo Phut, Koh Samui, Surat Thani
Number of units
15
Sales Prices
฿9.97M - ฿16M
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Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Project Name
Verano Residence
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
25
Sales Prices
฿19.1M - ฿32.7M
▲ 2.6% overpriced
Monthly Rentals
N/A
Year Built
Dec 2019
Completion Status
Made To Order
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
10
Sales Prices
฿6.37M - ฿24M
▼ -36% underpriced
Monthly Rentals
N/A
Year Built
Nov 2018
Completion Status
Completed
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
9
Sales Prices
฿23.7M - ฿27.7M
▼ -10% underpriced
Monthly Rentals
N/A
Year Built
Jan 2021
Completion Status
Completed
Project Name
Bayview Estate
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
7
Sales Prices
฿24.1M
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Monthly Rentals
N/A
Year Built
Sep 2022
Completion Status
Completed
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