2 Bedroom Condo for sale at The Bay Condominium

(7 Reviews)
Bo Phut, Koh Samui, Surat Thani
Unit ID: U73734
7% Rental Yield
2 Bedrooms
2 Bathrooms
150 SqM Size
3 Floor
Sep 2015 Completed

About This Condo

This property is a 150 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Bay Condominium project in Bo Phut, Koh Samui and was completed in Sep 2015. You can buy this condo for a base price of ฿11,000,000 (฿73,333/SqM) and it is also available for long term rentals starting from ฿60,000 per month.

Features

Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Oct 9, 2019
Updated 3 years ago
Property Type Condo
Floor 3
Bedrooms 2
Size 150 SqM
Price per SqM ฿73,333
Pets Not Allowed
Condo 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%.

Thai Quota
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, Mountain View, Pool View
Unit Type N/A
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.
N/A
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U73734

Price Analysis

Great Price
Estimated market value ฿12,881,535
Great
฿12,800,000
Good
Fair
Above
฿15,200,000
Current asking Price: ฿11,000,000 | Advertised rental rate: ฿60,000/mo
This condo is ฿1,881,535 BELOW MARKET (-15%) in the Koh Samui area. It is analyzed against similar condos 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

Rent
฿60,000/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.
15
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
7%

Project Details

Project Name: The Bay Condominium
Construction: Completed (Sep 2015)
Floors: 3
Buildings: 3
Units: 41
Project Area: 4,800 SqM
Nearest Landmark Big Budhha Beach - 0.5 Km
Location: Bo Phut, Koh Samui
The Bay Condominium Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
BBQ Area BBQ Area
Communal Garden Area Communal Garden Area

Popular Facilities at The Bay Condominium

  • On Site Restaurant
    1st Floor
  • Communal Pool
    2nd Floor
  • Communal Gym
    1st Floor
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Available Units at The Bay Condominium

For Sale 2 For Rent 17
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Frequently Asked Questions

No pets are allowed at The Bay Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Big Budhha Beach is the nearest Beach from The Bay Condominium and it is 0.5 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 The Bay 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
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

4.4 out of 5
Based on
7 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
You can see the sea view from the accommodation.
Charamet Jeune, France, 4 years ago
This condo is worthy of friendly staff and a warm welcome. It is located in a good location near Big Buddha. Also, it offers a breathtaking view, making it a perfect accommodation for relaxation. I am impressed with the service here because the staff here takes good care of all residents, yet it provides a complete range of facilities such as a fitness center, coffee shop, saltwater pool, and 24 hours security system. The condo is located not far from the amenities as convenience stores, restaurants, and other retail shops.
Great for living and investment
Kathy Jensen, Belgium, 4 years ago
With the fact that I come to Samui very often, I decided to buy a place to stay. When I found this place, I would say that it's the kind of accommodation I want. The room I decided to buy is a spacious one-bedroom unit with one bathroom. From the accommodation, I can see a panoramic sea view. Besides, it isn't far from attractions like Big Buddha Temple and Chaweng Beach. It is in a perfect location, so I thought it wouldn't be difficult to sell or rent.
Beautiful-view condo in a good location
Kevin Liu, Singapore, 4 years ago
I am very impressed with the condo. I wasn't disappointed buying this place at all because, apart from Samui's beautiful sea views, I also enjoyed the conveniences the project offers. I bought a 1-bedroom condo with an area of ​​almost 100 sq.m. Inside, the room has a well-divided space. The bedroom and kitchen are separated so that the food odor won't disturb my stay. Also, the interior uses white and brown colors that are comfortable on the eyes. This made me feel relaxed when I got back to the room. I chose a fully- furnished room. As long as I'm here, I have no problem. Every piece of furniture works well. The common area is complete. There is a swimming pool, a gym, bar, and cafe within the project. Whenever you are free or have no plans to go out, I also like to chill at the cafe. There is a good view, and the coffee is delicious too.
The common area is clean and the staff serves good srvices
Michale Delahanty, Mexico, 4 years ago
It is a beautiful view condo. The swimming pool is clean, and the people are not crowded, which we can sunbathe comfortably. The staff here are also good service, help and give us good advice. Also, the location is near tourist attractions. The rooms are spacious, clean, with daily cleaning for the housekeeper. It includes changing bed sheets, towels and cleaning the bathroom. Personally, coming to rest here is very convenient, and the rooms are inexpensive as well.
Amazing view!!
Kathy Lee, Australia, 5 years ago
Amazing view! It will be perfect if you rent a car or motorbike because the project's location is on the hill. The entrance is in the deep alley, but not difficult to find. Also, it's close to a tourist attraction like Sunset View Point. You can enjoy the fresh air. The project has a swimming pool and a fitness center. The people are friendly. The room is clean with a big balcony. You can enjoy the cool breeze and a stunning view.
What a wonderful place! I feel as living a dream everyday.
Mariela Trogdon, Australia, 5 years ago
What a wonderful place to stay! You can see the sea view from your balcony and the pool area as well. Amazingly, I choose to stay here. I can't believe I was so impressed. The staff is accommodating, professional and provide excellent service. There is also a communal gym and a sitting area to enjoy our special time. The area in the room is well-organized. There are two air conditioners in the bedroom and living room. There is a spacious balcony and a kitchen area with fully-equipped. The accommodation is about 6 kilometers from Central Samui and 7 kilometers away from Chaweng Beach. Anyway, I think sometimes there is construction noise around the property, but it's not a big problem. It was considered good value for money. I feel as if living a dream that has come true.
I love everything here
Sandra N., Germany, 6 years ago
It is an accommodation with a lovely atmosphere, tranquility, cool breeze, and a 180-degree view of the sea, mountains, and sky. The bedroom is spacious and airy, comes with full built-in furniture, and our favorite is the spacious balcony outside of the room with sea views. Good facilities include a saltwater swimming pool, a fitness center, and a coffee shop. I love everything here.
Koh Samui
Bo Phut

Neighborhood Overview

Location and Neighborhood

Street View

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