PRANEE by Tropical Life Residence

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Maret, Koh Samui, Surat Thani

Unit ID: U657682
฿4,390,000
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
311.65 SqM Indoor Area
Stairs
1 Storeys
Construction
Off Plan

2 Bedroom Villa for sale at PRANEE by Tropical Life Residence

This property is a 311.65 SqM villa with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the PRANEE by Tropical Life Residence project in Maret, Koh Samui. You can buy this villa for a base price of ฿4,390,000 (฿14,086/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Outdoor SalaOutdoor Sala

Basic Information

Property Type Villa (Single Detached)
Storeys 1
Location Maret, Koh Samui, Surat Thani
Bedrooms 2
Nearest Landmark Lamai Beach -0.6 Km
Indoor Area 311.65 SqM
Price per SqM ฿14,086
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
Villa Ownership

Foreign nationals can own the building (villa) in their own name but not the land that it stands on.

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.

Leasehold
Land Title Deed N/A
Construction Off Plan
Furniture
Unfurnished
View(s) Pool View, Garden View
Unit Type 2BR
Parking Spots 2
Pool Size N/A
CAM 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.
฿4,500/mo
Listed By
Developer
Date Listed Jan 27, 2021
Last Updated 6 months ago
Unit ID U657682

Investment Opportunity: Charges & Yield

Sale Price
฿4,390,000
CAM 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.
฿4,500/mo

Project Details

Construction: Off Plan
Units: 16
Project Area: N/A
Nearest Landmark Lamai Beach - 0.6 Km
Location: Maret, Koh Samui, Surat Thani
PRANEE by Tropical Life Residence Project Details

Loan Calculator

Payment Plan

Installment Milestone Payment
Deposit
Immediately
10%
1st Installment
Upon contract signing
20%
2nd Installment
End of foundations
15%
3rd Installment
End of shell
25%
4th Installment
End of covering
25%
5th Installment
On handover
5%

Frequently asked questions

All kind of pets are allowed at PRANEE by Tropical Life Residence including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at PRANEE by Tropical Life Residence is a fixed amount of ฿4,500. 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.
Lamai Beach is the nearest Beach from PRANEE by Tropical Life Residence and it is 0.6 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

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?

 

Read more here

After you have found the right property at PRANEE by Tropical Life Residence you have to follow these steps:

 

  • Unit selection and agreement of terms and conditions 

  • Reservation Agreement

  • Reservation Deposit 

  • Sales and Purchase Agreement

  • 1st Contract Payment 

  • Payment Installments

  • Snag List

  • Transfer

 


Installment Milestone Payment
Deposit
Immediately
10%
1st Installment
Upon contract signing
20%
2nd Installment
End of foundations
15%
3rd Installment
End of shell
25%
4th Installment
End of covering
25%
5th Installment
On handover
5%

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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