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    3 Bedroom Villa for sale at Saitara Peak
    Bo Phut, Koh Samui, Surat Thani
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    3 Bedroom Villa for sale at Saitara Peak
     (Write Review)
    Unit ID: U1410984
    10% Rental Yield
    Bo Phut, Koh Samui, Surat Thani
    Sold
    3 Bedrooms
    3
    Bathrooms
    297 SqM
    Indoor Area
    2
    Storeys
    Mar 2022
    Completed
    16
    Sale Price
    Sold

    About This Villa

    This property is a 297 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Saitara Peak project in Bo Phut, Koh Samui and was completed in Mar 2022. You can buy this villa for a base price of ฿14,890,000 (฿50,135/SqM).

    Villa was completed last March 2022, and has been rented for 1 year, then owner lived there myself 1 month during March this year. It comes with 5 years warranty on structure and building from the manufacturer. The setup today is that we have a 30-year lease which started when we started building (which was then held up during covid and completed last year) but so 5 years has passed since we started so left is 25 years. In the lease, which is in the name or myself and my wife, upon request, the land can be transferred for free, to a Thai company or a thai name, so if the buyer wants it in a company, no problem.

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed May 23, 2023
    Updated 10 months ago
    Property Type Villa (Single Detached)
    Storeys 2
    Location Bo Phut, Koh Samui
    Bedrooms 3
    Nearest Landmark Lamai Beach -2.4 Km
    Indoor Area 297 SqM
    Price per SqM ฿50,135
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    297 SqM
    Plot Size 392 SqM
    Pets Cats and Dogs (small only)
    Villa Ownership

    Foreign nationals can own the building (villa) in their own name but not the land that it stands on.

    Foreign 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.

    Leasehold
    Land Title Deed N/A
    Construction Completed (Mar 2022)
    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, Pool View, Garden View, Unblocked Open 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
    Electricity Price N/A
    Water Price N/A
    Unit ID U1410984

    Investment Opportunity: Charges & Yield

    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.
    10
    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 Saitara Peak, and the current sales price.
    10%

    Project Details

    Project Name: Saitara Peak
    Developer: N/A
    Construction: Completed (Dec 2016)
    Units: 19
    Project Area: N/A
    Nearest Landmark Lamai Beach - 2.4 Km
    Location: Bo Phut, Koh Samui
    Saitara Peak Project Details

    Project Features

    Hotel Managed Hotel Managed
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
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    Available Units at Saitara Peak

    For Sale 2 For Rent 2
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    Frequently Asked Questions

    Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Saitara Peak.
    Lamai Beach is the nearest Beach from Saitara Peak and it is 2.4 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 Saitara Peak 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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