3 Bedroom Villa for sale at Saitara Peak

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Bo Phut, Koh Samui, Surat Thani

Unit ID: U1410984

฿14,890,000

3 Bedrooms

3 Bathrooms

297 SqM Indoor Area

2 Storeys

Mar 2022 Completed

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Sale Price

฿14,890,000

About This Villa

This property is a 297 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Saitara Peak project in Bo Phut, Koh Samui and was completed in Mar 2022. You can buy this villa for a base price of ฿14,890,000 (฿50,135/SqM).

Villa was completed last March 2022, and has been rented for 1 year, then owner lived there myself 1 month during March this year. It comes with 5 years warranty on structure and building from the manufacturer. The setup today is that we have a 30+30+30 year lease which started when we started building (which was then held up during covid and completed last year) but so 5 years has passed since we started so left is 25 years+30+30. In the lease, which is in the name or myself and my wife, upon request, the land can be transferred for free, to a Thai company or a thai name, so if the buyer wants it in a company, no problem.

Features

Private Pool

Private Garden

Terrace

Covered Parking

Balcony

Full Western Kitchen

Bathtub

Washing Machine

Microwave

Oven

Basic Information

Date Listed May 23, 2023

Updated 5 days ago

Property Type Villa (Single Detached)

Storeys 2

Location Koh Samui, Surat Thani

Bedrooms 3

Nearest Landmark Lamai Beach -2.4 Km

Indoor Area 297 SqM

Price per SqM ฿50,135

Outdoor Area

297 SqM

Plot Size 392 SqM

Villa Ownership

Foreign Ownership, Company

Land Ownership

Leasehold

Land Title Deed N/A

Construction Completed (Mar 2022)

Furniture

Fully Furnished

View(s) Sea View, Mountain View, Pool View, Garden View, Unblocked Open View

Unit Type N/A

Parking Spots 1

Pool Size N/A

CAM Fee

N/A

Listed By

Private Owner

Unit ID U1410984

Investment Opportunity: Charges & Yield

Sale Price

฿14,890,000

Project Details

Project Name: Saitara Peak

Developer: N/A

Construction: Completed (Dec 2016)

Units: 19

Project Area: N/A

Nearest Landmark Lamai Beach - 2.4 Km

Location: Koh Samui, Surat Thani

Saitara Peak Project Details

Project Features

Hotel Managed

24H Security

CCTV (Video Surveillance)

Car Parking

Available Units at Saitara Peak

For Sale 1 For Rent 1

All
3 Beds
All
2 Beds

Fully Furnished Sea View

2 Beds

2 Baths

180 SqM Size

216 SqM Plot Size

Fully Furnished Sea View

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Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Saitara Peak.

Lamai Beach is the nearest Beach from Saitara Peak and it is 2.4 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.

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After you have found the right property at Saitara Peak you have to follow these steps:

- Agreement of terms and conditions
- Reservation Agreement
- Reservation Deposit
- Sales and Purchase Agreement
- Settlement & Transfer

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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?

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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.

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