3 Bedroom Villa for sale at Mandalay Beach Villas

(1 Review)
Maenam, Koh Samui, Surat Thani
Unit ID: U3335
6% Rental Yield
3 Bedrooms
3 Bathrooms
350 SqM Indoor Area
1 Storeys
May 2014 Completed

About This Villa

This property is a 350 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Mandalay Beach Villas project in Maenam, Koh Samui and was completed in May 2014. You can buy this villa for a base price of ฿48,200,000 (฿137,714/SqM).

Features

BeachfrontBeachfront Private PoolPrivate Pool Private GardenPrivate Garden

Basic Information

Date Listed Nov 3, 2016
Updated 3 years ago
Property Type Villa
Storeys 1
Location Maenam, Koh Samui
Bedrooms 3
Nearest Landmark Bang Por Beach -1.6 Km
Indoor Area 350 SqM
Price per SqM ฿137,714
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 500 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
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
Land Title Deed N/A
Construction Completed (May 2014)
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 N/A
Parking Spots 1
Pool Size L-Shape
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.
฿21,000/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U3335

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.
฿21,000/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.
16
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 3 bedroom villas at Mandalay Beach Villas , and the current sales price.
6%

Project Details

Project Name: Mandalay Beach Villas
Construction: Completed (May 2014)
Units: 2
Project Area: N/A
Nearest Landmark Bang Por Beach - 1.6 Km
Location: Maenam, Koh Samui
Mandalay Beach Villas Project Details

Project Features

Hotel Managed Hotel Managed
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Direct Beach Access Direct Beach Access
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Frequently Asked Questions

All kind of pets are allowed at Mandalay Beach Villas including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿60 per square meter based on the total built-up area of the property and is ฿21,000 for this villa. 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.
Bang Por Beach is the nearest Beach from Mandalay Beach Villas and it is 1.6 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

After you have found the right property at Mandalay Beach Villas you have to follow these steps:

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


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

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Awesome place, excellent service
Josh Mckain, United States, 5 years ago
An awesome beachfront pool villa! The atmosphere is very quiet and private, and the most important thing is that the standard of security systems is high. The villa is designed in a modern style and decorated with nice materials, perfect for partying with friends or family. It features modern appliances and a Bose audio system. The 3- bedrooms are spacious. There is a swimming pool in the middle of the house where you can admire the sea view in front of you. I am very impressed with my stay here; it’s all perfect! The villa is beautiful and has a great 5-star service. The chef cooks Thai food in the house, and we can request whatever we want to eat—convenient transportation, not far from the main road. If you rent a car, you can go anywhere in Koh Samui.
Koh Samui
Maenam

Neighborhood Overview

Location and Neighborhood

Street View

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