The Palm Koh Phangan

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Ko Pha-Ngan, Koh Samui, Surat Thani

Unit ID: U410711
฿5,771,250 Great Price
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
123 SqM Indoor Area
Stairs
1 Storeys
Construction
12 Months Made To Order

2 Bedroom Villa for sale at The Palm Koh Phangan

This property is a 123 SqM villa with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Palm Koh Phangan project in Ko Pha-Ngan, Koh Samui and will be built within 12 months of purchase. You can buy this villa for a base price of ฿5,771,250 (฿46,921/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace

Basic Information

Property Type Villa
Storeys 1
Location Ko Pha-Ngan, Ko Pha-Ngan, Surat Thani
Bedrooms 2
Nearest Landmark Baan Tai Beach -18.3 Km
Indoor Area 123 SqM
Price per SqM ฿46,921
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 617.78 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
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
Land Title Deed N/A
Construction Made To Order (12 Months)
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) Park View, Pool View, Garden View
Unit Type 2BR
Parking Spots N/A
Pool Size N/A
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.
฿3,000/mo
Listed By
Developer
Date Listed Mar 4, 2020
Last Updated 1 year ago
Unit ID U410711

Price Analysis

Great Price
Estimated market value ฿8,661,010
Great
฿6,130,000
Good
Fair
Above
฿6,250,000
Current asking Price: ฿5,771,250
This villa is ฿2,889,760 BELOW MARKET (-33%) in the Koh Samui area. It is analyzed against similar villas and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿5,771,250
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.
฿3,000/mo

Project Details

Project Name: The Palm Koh Phangan
Developer: N/A
Construction: Made To Order (12 Months)
Units: 16
Project Area: N/A
Nearest Landmark Baan Tai Beach - 18.3 Km
Location: Ko Pha-Ngan, Ko Pha-Ngan, Surat Thani
The Palm Koh Phangan Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at The Palm Koh Phangan

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Available Units at The Palm Koh Phangan
฿48,669
Great Price
Beds 2 Beds
Baths 2 Baths
Size 123 SqM Size
Plot Size 789.58 SqM Plot Size
Built In Park View
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Available Units at The Palm Koh Phangan
฿47,276
Great Price
Beds 2 Beds
Baths 2 Baths
Size 123 SqM Size
Plot Size 652.53 SqM Plot Size
Built In Park View
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Available Units at The Palm Koh Phangan
฿45,396
Great Price
Beds 2 Beds
Baths 2 Baths
Size 123 SqM Size
Plot Size 467.65 SqM Plot Size
Built In Park View
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Available Units at The Palm Koh Phangan
฿47,866
Great Price
Beds 2 Beds
Baths 2 Baths
Size 123 SqM Size
Plot Size 710.75 SqM Plot Size
Built In Park View
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Available Units at The Palm Koh Phangan
฿35,762
Great Price
Beds 3 Beds
Baths 3 Baths
Size 210 SqM Size
Plot Size 488.71 SqM Plot Size
Built In Park View
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Available Units at The Palm Koh Phangan
฿37,554
Great Price
Beds 3 Beds
Baths 3 Baths
Size 210 SqM Size
Plot Size 789.58 SqM Plot Size
Built In Park View
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Available Units at The Palm Koh Phangan
฿47,907
Great Price
Beds 2 Beds
Baths 2 Baths
Size 123 SqM Size
Plot Size 714.79 SqM Plot Size
Built In Park View
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Available Units at The Palm Koh Phangan
฿36,530
Great Price
Beds 3 Beds
Baths 3 Baths
Size 210 SqM Size
Plot Size 617.33 SqM Plot Size
Built In Park View
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Available Units at The Palm Koh Phangan
฿46,921
Great Price
Beds 2 Beds
Baths 2 Baths
Size 123 SqM Size
Plot Size 617.78 SqM Plot Size
Built In Park View
Favorite
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Available Units at The Palm Koh Phangan
฿35,637
Beds 3 Beds
Baths 3 Baths
Size 210 SqM Size
Plot Size 467.65 SqM Plot Size
Built In Park View
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Available Units at The Palm Koh Phangan
฿47,978
Great Price
Beds 2 Beds
Baths 2 Baths
Size 123 SqM Size
Plot Size 721.74 SqM Plot Size
Built In Park View
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Available Units at The Palm Koh Phangan
฿37,083
Great Price
Beds 3 Beds
Baths 3 Baths
Size 210 SqM Size
Plot Size 710.75 SqM Plot Size
Built In Park View
Favorite
Compare
Available Units at The Palm Koh Phangan
฿36,738
Great Price
Beds 3 Beds
Baths 3 Baths
Size 210 SqM Size
Plot Size 652.53 SqM Plot Size
Built In Park View
Favorite
Compare
Available Units at The Palm Koh Phangan
฿36,530
Great Price
Beds 3 Beds
Baths 3 Baths
Size 210 SqM Size
Plot Size 617.78 SqM Plot Size
Built In Park View
Favorite
Compare
Available Units at The Palm Koh Phangan
฿36,661
Great Price
Beds 3 Beds
Baths 3 Baths
Size 210 SqM Size
Plot Size 639.02 SqM Plot Size
Built In Park View
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Available Units at The Palm Koh Phangan
฿46,026
Great Price
Beds 2 Beds
Baths 2 Baths
Size 123 SqM Size
Plot Size 629.97 SqM Plot Size
Built In Park View
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Available Units at The Palm Koh Phangan
฿36,006
Great Price
Beds 3 Beds
Baths 3 Baths
Size 210 SqM Size
Plot Size 629.97 SqM Plot Size
Built In Park View
Favorite
Compare
Available Units at The Palm Koh Phangan
฿47,144
Great Price
Beds 2 Beds
Baths 2 Baths
Size 123 SqM Size
Plot Size 639.02 SqM Plot Size
Built In Park View
Favorite
Compare
Available Units at The Palm Koh Phangan
฿45,610
Great Price
Beds 2 Beds
Baths 2 Baths
Size 123 SqM Size
Plot Size 488.71 SqM Plot Size
Built In Park View
Favorite
Compare
Available Units at The Palm Koh Phangan
฿46,921
Great Price
Beds 2 Beds
Baths 2 Baths
Size 123 SqM Size
Plot Size 617.33 SqM Plot Size
Built In Park View
Favorite
Compare
Available Units at The Palm Koh Phangan
฿37,149
Great Price
Beds 3 Beds
Baths 3 Baths
Size 210 SqM Size
Plot Size 721.74 SqM Plot Size
Built In Park View
Favorite
Compare
Available Units at The Palm Koh Phangan
฿37,107
Great Price
Beds 3 Beds
Baths 3 Baths
Size 210 SqM Size
Plot Size 714.79 SqM Plot Size
Built In Park View
Get notified when new homes are being added to The Palm Koh Phangan

Loan Calculator

Payment Plan

Installment Milestone Payment
Deposit
Upon contract signing
10%
1st Installment
Land Transfer
40%
2nd Installment
Foundations Completed
20%
3rd Installment
Roof Structure Completed
20%
4th Installment
Practical Completion
8%
5th Installment
Building Completion & Transfer
3%

Frequently asked questions

The common area maintenance fee for properties at The Palm Koh Phangan is a fixed amount of ฿3,000. 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.
Baan Tai Beach is the nearest Beach from The Palm Koh Phangan and it is 18.3 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 The Palm Koh Phangan 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
Upon contract signing
10%
1st Installment
Land Transfer
40%
2nd Installment
Foundations Completed
20%
3rd Installment
Roof Structure Completed
20%
4th Installment
Practical Completion
8%
5th Installment
Building Completion & Transfer
3%

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

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Koh Samui

Ko Pha-Ngan

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