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Ocean 180, a modern luxury villa on Koh Samui, a paradise island in the middle of the Gulf of Thailand. Not only fame for beautiful sandy beaches, but also the perfect blend of local lifestyle and cultural diversity of tourists worldwide makes Koh Samui a unique island. 'Ocean 180' is ready for you to discover the charm of Koh Samui, with a distinctive location and panoramic view so that you can admire nature and enjoy a local way of life at 'Fisherman's Village' and 'The Wharf,' the antique fisherman village. Have fun with the extreme nightlife of Chaweng Beach and relax at a modern villa with complete facilities and a spacious area. At 'Ocean 180,' discover the charm of Koh Samui to fulfill your every day.
Ocean 180 is located at 166/58 Moo 1, Tambon Bophut, Koh Samui, Surat Thani. It was a project development from Palm Villas Samui Company in 2018. The project comprises of 10 villas with the starting price at 15 million baht.
- Garden villar: 2 bedrooms (from 160 sq.m)
- Seaview villa: 3 bedroom (335 sq.m)
- 24 hours security system with CCTV
- Fitness center
- A swimming pool
Direction to the project
You can get the project by car from Koh Samui Airport. Turn right and go straight for about 1 kilometer, then turn right again for about 600 meters. Then turn left and drive for 1 kilometer heading towards Chaweng Soi 6. Keep driving for 1.5 kilometers and turn right onto Highway 4169, and turn left again onto Soi Phra. Drive for 1.7 kilometers; you will find the project on the left-hand side.
Palm Villas Samui have completed a two villa project near Big Buddha, this developer has turned there attention to Chaweng Noi. Palm’s owner Mr. Darren Green who was originally from the UK. had been researching locations around the northeast coast for almost six months prior to settling on the Chaweng Noi area. As he states “we were looking for perfect sea view land giving our clients the very best location, combined with an attractive price and highest quality finish”. “The quality of our build speaks for itself, and we use references from past clients around the island who vouch for our professionalism”.
The common area maintenance fee for properties at Ocean 180 is a fixed amount of ฿7,800. This amount 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 Ocean 180 the required payment for the sinking fund is a fixed amount of ฿20,000.
Bophut Beach is the closest Beach from Ocean 180 and it is 2.5 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.
After you have found the right property you have to follow these steps:
Agreement of terms and conditions
Sales and Purchase Agreement
Settlement & Transfer
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.
#1 - 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.
#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?
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.
Ocean 180 is conveniently located just 360 m from Elder Shop, which can be reached within 4 mins. by foot.
There are many other shops situated in the area of Ocean 180, the 3 closest being:
- Theerawat Shop. Marketing is 360 m away (about 4 mins. by foot)
- W is 880 m away (about 12 mins. by foot)
- Siam watercraft (Seadoo) Samui. is 2.0 km away (an approx. drive of 4 mins.)
The surrounding area, where Ocean 180 is situated, offers a wide variety of restaurants. See the closest of them below:
- Grilled meatball shop is 360 m away (a walk of about 4 mins.)
- Kaffa Nine is 360 m away (a walk of about 4 mins.)
- p.steak is 360 m away (a walk of about 4 mins.)
Sri Phala Clinic is the nearest health facility, which is 840 m away (you can walk there in 11 mins.) from the project, while the closest schools in the proximity of Ocean 180 are:
- Samui Somwong Group Company Limited is 360 m away (about 4 mins. by foot)
- Sivananda is 1.3 km away (an approx. drive of 3 mins.)
- Smiley Cook is 1.6 km away (an approx. drive of 7 mins.)
Samui Airport is located 7.8 km from Ocean 180 and it takes about 16 mins. by car or taxi (depending on the traffic) to get there.