3 Bedroom Villa for sale at Verano Residence

(4 Reviews)
Bo Phut, Koh Samui, Surat Thani
Unit ID: U3365
9% Rental Yield
3 Bedrooms
3 Bathrooms
190 SqM Indoor Area
2 Storeys
10 Months Made To Order

About This Villa

This property is a 190 SqM villa with 3 bedrooms and 3 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 ฿20,500,000 (฿107,895/SqM).

Features

Private PoolPrivate Pool TerraceTerrace BalconyBalcony

Basic Information

Date Listed Nov 3, 2016
Updated 3 years ago
Property Type Villa
Storeys 2
Location Bo Phut, Koh Samui
Bedrooms 3
Nearest Landmark Bangkok Hospital Samui -3.1 Km
Indoor Area 190 SqM
Price per SqM ฿107,895
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
190 SqM
Plot Size 856 SqM
Pets Not Allowed
Villa Ownership

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

N/A
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.

N/A
Land Title Deed N/A
Construction Made To Order (10 Months)
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) Sea View
Unit Type N/A
Parking Spots 2
Pool Size 8m x 4m
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.
฿8,560/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U3365

Investment Opportunity: Charges & Yield

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.
฿8,560/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.
11
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 Verano Residence, and the current sales price.
9%

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
Verano Residence Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
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Available Units at Verano Residence

For Sale 1 For Rent 2
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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

All kind of pets are allowed at Verano Residence including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿10 per square meter based on the plot size of the property and is ฿8,560 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
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Chaweng Noi - Bliss....
Michael Pitt Pitt, Visitor, 3 years 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
Verified Visitor, 3 years 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.
Diana R., Russia, 3 years 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
Janeth Arnhold, Ireland, 4 years 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

Projects Nearby Verano Residence

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Project Name
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฿18M - ฿27M
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฿130K - ฿132K
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Completion Status
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Project Name
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Bo Phut, Koh Samui, Surat Thani
Number of units
116
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Number of units
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Monthly Rentals
฿115K - ฿120K
Year Built
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Completion Status
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Project Name
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Location
Bo Phut, Koh Samui, Surat Thani
Number of units
N/A
Sales Prices
฿17M - ฿33M
Monthly Rentals
฿200K
Year Built
Jan 2020
Completion Status
Completed
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
10
Sales Prices
฿14M - ฿25.5M
▲ 18% overpriced
Monthly Rentals
฿250K
Year Built
Jan 2010
Completion Status
Made To Order
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
27
Sales Prices
฿10.5M - ฿13M
▲ 10.9% overpriced
Monthly Rentals
฿70K - ฿250K
Year Built
Dec 2019
Completion Status
Completed
Project Name
Ample Samui
Location
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Number of units
3
Sales Prices
฿18M
Monthly Rentals
N/A
Year Built
Sep 2017
Completion Status
Completed
Project Name
Oceans Chaweng
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
9
Sales Prices
฿13.9M - ฿20M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
Sunrise Residence
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
9
Sales Prices
฿18.8M
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Monthly Rentals
N/A
Year Built
Nov 2008
Completion Status
Completed
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