2 Bedroom Penthouse for sale at Samui Emerald Condominium

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Bo Phut, Koh Samui, Surat Thani
Unit ID: U3137
2 Bedrooms
2 Bathrooms
111.89 SqM Size
Ground Floor Floor
Mar 2012 Completed

About This Penthouse

This property is a 111.89 SqM penthouse with 2 bedrooms and 2 bathrooms 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 penthouse for a base price of ฿4,771,850 (฿42,648/SqM).

Features

TerraceTerrace Corner UnitCorner Unit

Basic Information

Date Listed Nov 3, 2016
Updated 4 years ago
Property Type Penthouse
Floor Ground Floor
Bedrooms 2
Size 111.89 SqM
Price per SqM ฿42,648
Pets Not Allowed
Penthouse 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%.

N/A
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) Sea View
Unit Type 2-001
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.
฿5,035/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U3137

Price Analysis

Great Price
Estimated market value ฿6,388,070
Great
฿6,220,000
Good
Fair
Above
฿7,630,000
Current asking Price: ฿4,771,850
This penthouse is ฿1,616,220 BELOW MARKET (-25%) in the Koh Samui area. It is analyzed against similar penthouses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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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.
฿5,035/mo

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
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Frequently Asked Questions

The common area maintenance fee is ฿45 per square meter based on the size of indoor area of the property and is ฿5,035 for this penthouse. 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 ฿500 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
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Koh Samui
Bo Phut

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