2 Bedroom Villa for sale at Lux Neo

(3 Reviews)
Bo Phut, Koh Samui, Surat Thani
Unit ID: U76305
12% Rental Yield
2 Bedrooms
2 Bathrooms
178 SqM Indoor Area
1 Storeys
14 Months Made To Order

About This Villa

This property is a 178 SqM villa with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Lux Neo project in Bo Phut, Koh Samui and will be built within 14 months of purchase. You can buy this villa for a base price of ฿11,800,000 (฿66,292/SqM).

Features

Private PoolPrivate Pool TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed Jun 12, 2018
Updated 3 years ago
Property Type Villa
Storeys 1
Location Bo Phut, Koh Samui
Bedrooms 2
Nearest Landmark Chaweng Beach -0.8 Km
Indoor Area 178 SqM
Price per SqM ฿66,292
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 440 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.

Foreign Ownership, Thai Ownership, Company, Leasehold
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.

Thai Ownership, Company, Leasehold
Land Title Deed N/A
Construction Made To Order (14 Months)
Furniture
Unfurnished
View(s) Sea View, Partial Sea View, Park View, Pool View
Unit Type A
Parking Spots 2
Pool Size 33 SQM
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.
฿8,000/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U76305

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.
฿8,000/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.
8
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 2 bedroom villas at Lux Neo, and the current sales price.
12%

Project Details

Project Name: Lux Neo
Developer: N/A
Construction: Made To Order (14 Months)
Units: 30
Project Area: N/A
Nearest Landmark Chaweng Beach - 0.8 Km
Location: Bo Phut, Koh Samui
Lux Neo Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area
Shuttle Bus Shuttle Bus
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Available Units at Lux Neo

For Sale 5 For Rent 2
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Payment Plan

Installment Milestone Payment
Deposit
Immediately
฿200,000
1st Installment
Immediately
40%
2nd Installment
Immediately
20%
3rd Installment
Immediately
10%
4th Installment
On completion
10%

Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Lux Neo.
The common area maintenance fee for properties at Lux Neo is a fixed amount of ฿8,000. 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.
Chaweng Beach is the nearest Beach from Lux Neo and it is 0.8 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 Lux Neo you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
Deposit
Immediately
฿200,000
1st Installment
Immediately
40%
2nd Installment
Immediately
20%
3rd Installment
Immediately
10%
4th Installment
On completion
10%


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

4.5 out of 5
Based on
3 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Unique design Villa
Maxime Lienard, Former Resident, 3 years ago
I have visited the project on site few weeks ago and I was very suprised by the sea view and the design of the villas. The concept is very unique, it will be a great place to spend holidays for many years.
Amazing location and Sea views
Verified Visitor, 3 years ago
Had a look around this project - amazing location and super cool design. It will be really nice once completed and certainly is one of the coolest designs I have seen.
The project is located on the hill
Rach Mahar, France, 3 years ago
The project is not yet complete and located on the hill. The way up is quite winding and difficult to travel. However, the villa interior is designed quite beautifully. There is an open-air living room, a swimming pool, and a very large private terrace. Surrounding the project is full of nature and offers partial sea views. It is convenient to travel to various places, not far from Chaweng Beach, Makro Samui, and a nearby fresh market. I think it is a good selling point if you want to buy for a long-term investment.
Koh Samui
Bo Phut

Neighborhood Overview

Location and Neighborhood

Street View

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Year Built
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Location
Number of units
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Bo Phut, Koh Samui, Surat Thani
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฿8.39M - ฿14.5M
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Bo Phut, Koh Samui, Surat Thani
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▲ 18% overpriced
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Bo Phut, Koh Samui, Surat Thani
Number of units
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Project Name
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Number of units
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฿13.9M - ฿19.9M
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Project Name
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Location
Bo Phut, Koh Samui, Surat Thani
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
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Location
Bo Phut, Koh Samui, Surat Thani
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Location
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Number of units
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Location
Bo Phut, Koh Samui, Surat Thani
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Year Built
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