Verano Residence

4.23 (4 Reviews)

Bo Phut, Koh Samui, Surat Thani

Unit ID: U83099
฿32,500,000 Great Price
Bedroom
4 Bedrooms
Bathroom
4 Bathrooms
Indoor Area
567.40 SqM Indoor Area
Stairs
2 Storeys
Construction
10 Months Made To Order

4 Bedroom Villa for sale at Verano Residence

This property is a 567.40 SqM villa with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the Verano Residence project in Bo Phut, Koh Samui and will be built within 10 months of purchase. You can buy this villa for a base price of ฿32,500,000 (฿57,279/SqM).

Features

Private PoolPrivate Pool TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type Villa
Storeys 2
Location Bo Phut, Koh Samui, Surat Thani
Bedrooms 4
Nearest Landmark Bangkok Hospital Samui -3.1 Km
Indoor Area 567.40 SqM
Price per SqM ฿57,279
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 980 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 Made To Order (10 Months)
Furniture
Unfurnished
View(s) Sea View
Unit Type Type C
Parking Spots 2
Pool Size 45sqm
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.
฿9,800/mo
Listed By
Developer
Date Listed Aug 30, 2018
Last Updated 1 year ago
Unit ID U83099

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿34,598,078
Great
฿22,400,000
Good
Fair
Above
฿35,700,000
Current asking Price: ฿32,500,000
This villa is ฿2,098,078 BELOW MARKET (-6%) 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
฿32,500,000
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.
฿9,800/mo

Project Details

Project Name: Verano Residence
Construction: Made To Order (10 Months)
Units: 25
Project Area: N/A
Nearest Landmark Bangkok Hospital Samui - 3.1 Km
Location: Bo Phut, Koh Samui, Surat Thani
Verano Residence Project Details

Project Features

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

Available Units at Verano Residence

Get notified when new homes are being added to Verano Residence

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Upon contract signing
8%
2nd Installment
Upon start of construction
30%
3rd Installment
Upon completion of foundation, structure and roof
25%
4th Installment
Upon completion of 1st fix M.E.P render
20%
5th Installment
On completion
15%

Frequently asked questions

The common area maintenance fee is ฿10 per square meter based on the plot size of the property and is ฿9,800 for this villa. This fee 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.
Bangkok Hospital Samui is the nearest Hospital from Verano Residence and it is 3.1 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 Verano Residence you have to follow these steps:

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

Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Upon contract signing
8%
2nd Installment
Upon start of construction
30%
3rd Installment
Upon completion of foundation, structure and roof
25%
4th Installment
Upon completion of 1st fix M.E.P render
20%
5th Installment
On completion
15%

 

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

4.2 out of 5 4.23
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Chaweng Noi - Bliss....
4.6 Michael Pitt, Visitor, 1 year ago
Recently stayed at Verano with a friend and was just blown away by the standard of villa and the sea view ! Wow its just stunning and the pool view and decor were just divine. We really enjoyed the stay and its perfect location just 5 minutes away from the Chaweng area nightlife,
Stunning views
4.7 Verified Visitor, 1 year ago
Absolutely stunning views from every room in the villa, but especially from the amazing deck and infinity pool. Massive kitchen / dining / living area (also, a pool table!). Modern kitchen, great finishings everywhere you look. Definitely a high standard of building. Every bedroom has an ensuite, as well. Just up the hill from the ring road and a quick trip to Lamai or Chaweng, with everything we need.
The bedrooms have an en-suite bathroom, extremely spacious and clean.
3.3 Diana R., Russia, 1 year ago
My husband and I recently moved to do a business, and I think I will live here forever. Therefore, I decided to buy a house here as the project here is okay. I love it because it has 4 bedrooms and all with en-suite bathrooms, very convenient. It is also clean. All pieces of furniture are new and are a premium quality grade. The utilities are considered okay even though it is located on a hill, and there are no problems with running water or any other issues. The most special thing is that every bedroom has a spacious balcony, where you can see the Koh Samui view in the morning waking up. It's wonderful!!
Family Villa
4.3 Janeth Arnhold, Ireland, 1 year ago
I have been to this villa with my family. The villa has 3 floors with a spacious living area, 3 bedrooms, and 3 bathrooms. The kitchen has complete kitchenware. The villa comes with a pool and a poolside area, which is a recreation space for my family. The villa is very modern facing the sea view, so I could enjoy the view of Samui and Chaweng Beach from 360 degrees. Nothing could be compared to waking up to the view and sleeping under the charm of the night sky. The villa is up on the hill of Chaweng Noi Beach, not on the main road. The area is not crowded and private, not far from the main road and Tesco. You can buy food and ingredients for the villa, just a few minute's drive. The facilities include a pool, garden, playground, and parking space, but not a gym. You have to drive to a nearby place for exercise. The service is nice; the staff is helpful, the security is strict. You have to use a key card to pass the barrier gate, and the guards are on the shift for 24 hours. I would be back here again if I have a chance.

Koh Samui

Bo Phut

Neighborhood Overview

Location and Neighborhood

Street View

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