Salt Samui

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Bo Phut, Koh Samui, Surat Thani

7% GUARANTEED RETURN FOR 5 YEARS
Jun 2020 Completed
4 Floors
24 Units

Salt Samui in Bo Phut, Koh Samui

Salt Samui is a condo and apartment project located in Bo Phut, Koh Samui and was completed in Jun 2020. It has 24 units across 4 floors

About Salt Samui

SALT SAMUI is located in the prime area of the heart of Koh Samui’s tourist hotspot the Fisherman’s Village making it one of Koh Samui’s rarest property investment opportunity. A leisurely 5 minute stroll takes you from the project to high end bars and restaurants, night markets, convenient stores and Bo Phut beach.

Facilities include a 24 hour lobby area, tour guide services, rooftop bars and spa area, rental management services and a private floor shared only between two units.

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Facilities

Convenience
Hotel Managed
Car Parking
Reception Lobby Area
Leisure
Communal Pool
Jacuzzi
Bar
Spa
Safety
24H Security
CCTV (Video Surveillance)

Management

Project ManagementSinking Fund
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 Salt Samui the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
฿500/SqM
Project ManagementCommon Area Management Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿55/SqM

Frequently asked questions

The common area maintenance fee is ฿55 per square meter based on the size of the indoor area of the property. This fee has to be paid every month 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 Salt Samui the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Salt Samui offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.

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 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

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