Residence 8

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Bo Phut, Koh Samui, Surat Thani

Unit ID: U1023004
฿20,000,000
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
146 SqM Indoor Area
Stairs
1 Storeys
Construction
Jan 2021 Completed

3 Bedroom Villa for sale at Residence 8

This property is a 146 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Residence 8 project in Bo Phut, Koh Samui and was completed in Jan 2021. You can buy this villa for a base price of ฿20,000,000 (฿136,986/SqM).

Features

Private PoolPrivate Pool TerraceTerrace Outdoor ShowersOutdoor Showers BathtubBathtub

Basic Information

Property Type Villa (Single Detached)
Storeys 1
Location Bo Phut, Koh Samui, Surat Thani
Bedrooms 3
Nearest Landmark Big Budhha Beach -0.7 Km
Indoor Area 146 SqM
Price per SqM ฿136,986
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
174 SqM
Plot Size 683 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 Chanote
Construction Completed (Jan 2021)
Furniture
Unfurnished
View(s) Sea View, Mountain View
Unit Type N/A
Parking Spots 1
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.
N/A
Listed By
Private Owner
Date Listed Aug 20, 2021
Last Updated 2 months ago
Unit ID U1023004

Investment Opportunity: Charges & Yield

Sale Price
฿20,000,000

Project Details

Project Name: Residence 8
Developer: N/A
Construction: Completed (Jan 2021)
Units: 6
Project Area: N/A
Nearest Landmark Big Budhha Beach - 0.7 Km
Location: Bo Phut, Koh Samui, Surat Thani
Residence 8 Project Details

Available Units at Residence 8

Loan Calculator

Frequently asked questions

All kind of pets are allowed at Residence 8 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Big Budhha Beach is the nearest Beach from Residence 8 and it is 0.7 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

After you have found the right property at Residence 8 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer


 

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.

  • - 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.
  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

 

Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

 

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

Bo Phut

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