Unit ID: U1390460
13% Rental Yield
Bo Phut, Koh Samui, Surat Thani
฿5,790,000
1 Bedroom
1
Bathroom
57 SqM
Size
2
Floor
Dec 2015
Completed

About This Condo

This property is a 57 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Horizon Residence project in Bo Phut, Koh Samui and was completed in Dec 2015. You can buy this condo for a base price of ฿5,790,000 (฿101,579/SqM).

Condominium The 1 bedroom condo is 57 SQM. in size and located in the popular modern Horizon Residences in Choeng Mon in the quiet North Eastern peninsula of the island The Complex is situated directly in between the unspoiled Choeng Mon beach and the Ritz Carlton Hotel, around 400m from both locations. 

Features

BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Mar 31, 2023
Updated 11 months ago
Property Type Condo
Floor 2
Bedroom 1
Size 57 SqM
Price per SqM ฿101,579
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.

Foreign Quota
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) Pool View, Garden View
Unit Type N/A
Building Building 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.
฿3,990/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1390460

Investment Opportunity: Charges & Yield

Sale Price
฿5,790,000
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.
฿3,990/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.
8
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 1 bedroom condos at Horizon Residence, and the current sales price.
13%

Project Details

Project Name: Horizon Residence
Developer: Horizon Homes Samui
Construction: Completed (Dec 2015)
Floors: 4
Buildings: 2
Units: 45
Project Area: 9,300 SqM
Nearest Landmark Choeng Mon Beach - 0.3 Km
Location: Bo Phut, Koh Samui
Horizon Residence Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Horizon Residence

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at Horizon Residence

For Sale 5 For Rent 5
Get notified when new homes are being added to Horizon Residence
View All (5)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Horizon Residence unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿70 per square meter based on the size of indoor area of the property and is ฿3,990 for this condo. 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Horizon Residence the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Choeng Mon Beach is the nearest Beach from Horizon Residence and it is 0.3 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

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

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

 


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

3.9 out of 5
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good project, care for the environment
Tammi Rommel, Switzerland, 4 years ago
I decided to buy this project, and it is part that we can help reduce environmental problems because this project is a very environmentally conscious project. It uses water to be recycled for further use in the garden or the heat from the air conditioner uses with water heaters that we use every day as well. All these things can help to save a lot of water and electricity. Apart from that, this condo is clean, safe and the number of rooms is small. It's very private. Besides, the common areas are equipped with complete facilities. Moreover, the project location is close to Choeng Mon Beach and many beautiful restaurants that make our daily life very convenient.
Complex condo with good services and energy-saving concept
Catrina Lindow, Switzerland, 5 years ago
This condo is fascinating with eco-friendly and quality living concepts. I know that this place will recycle water from the toilet via osmosis to water the plants and convert the heat from the air conditioner to the water heater, which is an excellent idea. However, even if the project chooses to use various recycling systems, the project can maintain the standard of accommodation very well. I have been here for about 4 months and was very impressed because the condo is beautiful with a well-designed interior. There is also a common area and various additional services to facilitate you. It has room service and maid service, just like a hotel. There is also a shuttle bus that transfers between the airport and the beaches. The nearest beach is Choeng Mon Beach. You don't have to drive a car because you can walk straight away. And as it's by the beach, there are many restaurants and bars around the condo.
Vacation home with a complete range of facilities
Ada Fontana, Ireland, 5 years ago
When I first entered the bathroom, there was a smell of drain pipes. Anyway, there will be no problems again when reporting for repair. I think this place is well equipped and has everything you need. The atmosphere is calm and relaxing. There are restaurants and bars nearby. Most importantly, there is a shuttle bus to the beach, and it's super convenient. The furniture is a premium grade, including gym equipment. Sometimes, I wouldn't say I like going outside too much because of the hot weather, and I can cook by myself very easily. The kitchen is fully equipped !!
It’s such a wonderful vacation staying in this place
Bella Perkins, Belgium, 5 years ago
It’s such a wonderful vacation staying in this place. The staff is friendly and attentive. Besides, additional services such as airport transfer, cleaning service, and car rental service make it super convenient. Speaking of the room, I stayed in a 1-bedroom unit, spacious and well-allocated. There are three swimming pools, and all of them are always kept clean. This place is not far from Choeng Mon Beach, as it’s only 4 minutes away. It’s pretty expensive, but for me, it is very cost-effective.
Suitable for recreation
Hannah Gerkens, Norway, 5 years ago
It is an excellent place to stay. A few friends and I came to stay here. We are impressed with the services of the staff. They are lovely and help my friends and I very well. My room is fully furnished with good quality furniture. Moreover, the accommodation is also fully equipped with many facilities, a swimming pool, and a fitness room. There is also a shuttle bus to the beach, which is very comfortable. I am happy to stay here!
Awesome luxury apartment!
Suthida N., Thailand, 6 years ago
Awesome luxury apartment!, Very modern and clean. The exterior is beautiful in white. There are large swimming pools and a fully-equipped gym. The room is big enough with a perfect kitchen. The room comes with high-speed wi-fi. During my stay, I feel comfortable because the staff is service-minded and highly responsible. They help me as much as they can. Impressive! The food here is superb. The neighborhood is quiet and pleasant. It's shame that the location is a bit far, but the project provided for a shuttle bus to the beach and the airport. However, I am very impressed and recommend to visit here!
Koh Samui
Bo Phut

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Horizon Residence

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Year Built
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Project Name
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Location
Bo Phut, Koh Samui, Surat Thani
Number of units
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Sales Prices
฿22.1M
▼ -6.5% underpriced
Monthly Rentals
N/A
Year Built
Dec 2020
Completion Status
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Project Name
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Number of units
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▲ 33% overpriced
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฿155K - ฿351K
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Bo Phut, Koh Samui, Surat Thani
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฿8.52M - ฿16.5M
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฿219M
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Bo Phut, Koh Samui, Surat Thani
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฿18.1M
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N/A
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Completion Status
Completed
Project Name
IO Villas
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Bo Phut, Koh Samui, Surat Thani
Number of units
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฿11.2M - ฿15M
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Project Name
Riana Samui
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Bo Phut, Koh Samui, Surat Thani
Number of units
24
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฿7.07M - ฿8.96M
Monthly Rentals
N/A
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Completion Status
Completed
Project Name
Valentine Village
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
15
Sales Prices
฿6.25M - ฿7.22M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
N/A
Sales Prices
฿15M - ฿33.7M
▼ -43% underpriced
Monthly Rentals
฿45.1K - ฿301K
Year Built
Nov 2009
Completion Status
Completed
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