New villas on Koh Samui
REF: THA317Description
New villas on Samui Island 10 min from Lamai Beach Offered for sale are villas with 1 or 2 or 3 bedrooms and a private pool. 1-bedroom villa. Area of 48 sqm, plus a terrace of 10 sqm and a pool of 18 sqm. Price 98,000 euros.
Villa with 2 bedrooms. Area 80 sqm, terrace 15 sqm, pool 18 sqm. Price 125,000 Euro.3-bedroom villa. Area 123 sqm, terrace 43 sqm, pool 20 sqm, two parking spaces 30 sqm. Price 189,000 Euros.The houses will be finished to the following standard: walls filled and painted, tiles on floors, bathrooms with white fittings, facade, roof (concrete tile), electrical and plumbing systems, 2,000 liter water tank at each house, tiled terraces, air conditioners in bedrooms and living area. They will require the purchase of furnishings and garden arrangements at a total cost of 25,000 euros and above. The villas will be sold as residences with the possibility of renting (short or long-term) or operating under a business model, without the need to obtain a special rental license. The developer, once the project is put into operation, will provide management of the villas. Purchase of villas: the house as full ownership (freehold), the land will be leased for 30 years (leashold). Annual leashold fee: plots numbered 1 to 5 (markings as in the photo below) price 2,100 euros, plots numbered 6 to 15 price 1,100 euros. It is assumed that the lease price will increase by 5% after every 5 years. ——————————————————————————————————————– Start of project construction August 2025, expected completion September 2026.
Payment schedule:10% reservation fee 30% development contract (1 month after signing of rez. agreement) 30% after completion of foundation 20% after construction of walls and roof 7% after finishing inside the house 3% handover of keysROI 11%(calculated for 2-bedroom villa, at annual occupancy of 55%, investment cost 124.000 Euros) Rental income: 25,000 Euros Villa maintenance costs (management 15-20%, insurance, cleaning the garden and pool, other costs) 11,000 Euros Near the estate: Lamai Beach 10 min by car, 7 min Coral Cove Beach, 30 min from the airport, 30 min from the hospital.
