Unit ID: U1844682
10% Rental Yield
Tenant-Occupied until Jun 29, 2024
Bo Phut, Koh Samui, Surat Thani
$130,000
2 Bedrooms
1
Bathroom
969 Sqft
Size
Ground Floor
Floor
Mar 2012
Completed

About This Condo

This property is a 969 Sqft condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Samui Emerald Condominium project in Bo Phut, Koh Samui and was completed in Mar 2012. You can buy this condo for a base price of $130,000 ($134/Sqft) and it is also available for long term rentals starting from $1,040 per month.

Features

Garden AccessGarden Access BalconyBalcony Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen Washing MachineWashing Machine MicrowaveMicrowave TVTV Cable TVCable TV

Basic Information

Date Listed May 21, 2024
Updated 1 week ago
Property Type Condo
Floor Ground Floor
Bedrooms 2
Size 969 Sqft
Price per Sqft $134
Pets N/A
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%.

Thai Quota, Leasehold
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 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.
$111/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1844682

Investment Opportunity: Charges & Yield

Sale Price
$130,000
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.
$111/mo
Rent
$1,040/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.
10
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
10%

Project Details

Developer: N/A
Construction: Completed (Mar 2012)
Floors: 3
Buildings: N/A
Units: 44
Project Area: N/A
Nearest Landmark Bang Rak Beach - 3 Km
Location: Bo Phut, Koh Samui
Samui Emerald Condominium Project Details

Project Features

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

Available Units at Samui Emerald Condominium

For Sale 1 For Rent 2
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Frequently Asked Questions

The common area maintenance fee is $1 per square meter based on the size of indoor area of the property and is $111 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 Samui Emerald Condominium the required payment for the sinking fund is $14 per square meter based on the size of the indoor area of the property.
Bang Rak Beach is the nearest Beach from Samui Emerald Condominium and it is 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 Samui Emerald Condominium 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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Koh Samui
Bo Phut

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