The Ridge

4.37 (5 Reviews)

Bo Phut, Koh Samui, Surat Thani

Unit ID: U1045406
3% Rental Yield
฿29,800,000 Great Price
Bedroom
3 Bedrooms
Bathroom
5 Bathrooms
Indoor Area
169 SqM Indoor Area
Construction
12 Months Made To Order

3 Bedroom Villa for sale at The Ridge

This property is a 169 SqM villa with 3 bedrooms and 5 bathrooms that is available for sale. It is part of the The Ridge project in Bo Phut, Koh Samui and will be built within 12 months of purchase. You can buy this villa for a base price of ฿29,800,000 (฿176,331/SqM).

This just completed contemporary four bedroom hillside villa commands one of the best positions in the desirable Ridge complex situated in Choeng Mon Beach (North East Samui). It's stunning panoramic sea views and those of Samui's iconic Big Buddha temple are unimpeded and cannot be built out. Lush trees beside the villa ensure privacy from the other villas of the complex.

The villa has three levels. Main Entrance to the property is at the top level. Two comfortable double en-suite bedrooms are located on the top floor. These open on to a large deck and enjoy spectacular sea and local area views. Both roomy en-suite bathrooms are stylishly fitted out. The master bedroom's bathroom not only has a elegant bathtub and big shower place, but also has a dedicated make up station. The toilet is equipped with intelligent toilet seat cover. The master bedroom also has mosquito screens so you can enjoy natural breeze at sleep.

On the middle level is the spacious open plan living room with fully fitted kitchen and dining area. Large sliding doors open on to a good sized deck with an invitingly cool outdoor lounge area and led illuminated infinity pool – a perfect place from which to enjoy the expansive sea views, stunning sunrise and Plai Laem temple.

The bottom level has a self contained two en-suite bedrooms with a kitchenette, dining and lounge area, independent entrance and a small deck area with an outdoor table and chairs. The deck on this level has some sea views and extensive views over the hills and tropical bush of the local area.

The Ridge is the Winner at the Thailand Property Awards (2014) and the Winner of the Highly Commended Award in the category of Best Villa Development (Thailand) of South East ASIAN PROPERTY AWARD (2014). The overall design and styling of the villa is contemporary using simple clean lines and subdued cream and white interiors throughout. The stunning views have rightly been given top billing by the designers. Moreover, stylish artworks are all throughout the villa.

Other facilities and fittings which make this villa stand out include a 78” Curve TV and sound bar in the living area, a 55” flat screen TV in the master bedroom, and 48" flat screen TVs in other bedrooms. Blu- ray player, Apple TV and True Vision satellite TV (Platinum package) are available and there is cloud access throughout the villa to hundreds of the latest and classic movies, as well as TV series which are updated regularly. In the main kitchen there is a dual gas cooker, a top quality oven, dish washer, double-door fridge and purified tap water. The water tank for the entire house is fitted with a UV filter system. For wine lovers there is even a dedicated wine cabinet with wine fridge. All beds are king size. The pool and jacuzzi use a non-chlorine filtration system.

Features

Private PoolPrivate Pool Pool LoungePool Lounge TerraceTerrace BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub OvenOven TVTV Cable TVCable TV

Basic Information

Property Type Villa (Single Detached)
Storeys N/A
Location Bo Phut, Koh Samui, Surat Thani
Bedrooms 3
Nearest Landmark Big Budhha Beach -0.7 Km
Indoor Area 169 SqM
Price per SqM ฿176,331
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 476 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
Land Title Deed N/A
Construction Made To Order (12 Months)
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Sea View, Mountain View
Unit Type N/A
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.
N/A
Listed By
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Nov 30, 2021
Last Updated 1 month ago
Unit ID U1045406

Price Analysis

Great Price
Estimated market value ฿32,190,904
Great
฿31,000,000
Good
Fair
Above
฿32,400,000
Current asking Price: ฿29,800,000 | Rental estimate: ฿64,500/mo
This villa is ฿2,390,904 BELOW MARKET (-7%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿29,800,000
Est. Rent
฿64,500/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.
39
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom villas at The Ridge, and the current sales price.
3%

Project Details

Project Name: The Ridge
Developer: The Ridge
Construction: Made To Order (12 Months)
Units: 8
Project Area: N/A
Nearest Landmark Big Budhha Beach - 0.7 Km
Location: Bo Phut, Koh Samui, Surat Thani
The Ridge Project Details

Project Features

Hotel Managed Hotel Managed
24H Security 24H Security
Car Parking Car Parking

Available Units at The Ridge

For Sale 4 For Rent 5
Get notified when new homes are being added to The Ridge

Loan Calculator

Frequently asked questions

All kind of pets are allowed at The Ridge including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Big Budhha Beach is the nearest Beach from The Ridge 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 The Ridge 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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Reviews

4.4 out of 5 4.37
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great location, can see the view all around
3.8 Joie Roy, Australia, 1 year ago
Even though it is a made-to-order villa that has to wait about a year to complete, we have to wait for a long time to get the best value villas and reasonable price. The villas are modern, and the building structure looks strong, durable, and has great attention to construction details. The interior is also beautiful in the style you want. However, we have to be a little careful when traveling to the project because it is nestled on the hill. The path is also a slope, so ride with care. If you are not skilled, it is better to walk up by yourself for safety.
Romantic resort in Bophut location
4.2 Jessika N., Canada, 1 year ago
A very attractive built-to-order villa. It is located near Choeng Mon Beach. Traveling is easy. The villas are beautiful, elegant, and modern with generous space, not cramped. The villa's pool is good in size. From the villa, you can see Choeng Mon Beach's sea view so clearly, making it like a romantic resort in Bophut location.
the infinity-edge pool, It's super romantic
4.3 Carley Nodal, Australia, 2 years ago
The highlight of the villa is the infinity-edge pool with stunning views. It's super romantic! It is a new project with a beautiful and elegant design, providing peace and privacy to residents during the whole stay. However, it is located in a deep and steep area, far from tourist spots and other shopping malls. If you have a car, it will be more convenient because you can drive to various places conveniently. Anyway, if you take a taxi service, it will be very expensive. The staff here provide excellent service. And help us well. This is an ideal investment and a great vacation home. It is only 15 minutes far from the airport. Worth the money !! Awesome !!
Beautiful villa, close to Bangrak Beach
5 Timmy Ross, United States, 2 years ago
Beautiful place with a modernly decorated interior. The layout is open-plan and airy. There is an infinity pool overlooking the sea. The villa can fit 8 people because it has spacious 4 bedrooms. Each room is very spacious. The neighborhood of the project has various amenities and is highly safe. It's also close to Bangrak Beach. I am extremely impressed.
This place is exceptional
4.5 Violette Chalamet, Italy, 3 years ago
I rent this place monthly, and I really like it here. This villa has four bedrooms and three stories. The living area is spacious, and the furniture is durable. The project located on the hill allows us to enjoy the panoramic sea view. The entrance to the project is quite steep, so you must be careful. Other than that, I couldn’t find any problems. The staff is exceptional, and the villa quality is high. I’m very impressed.

Koh Samui

Bo Phut

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