Studio Condo for sale at The Terraza Samui

 (Write Review)
Maret, Koh Samui, Surat Thani
Unit ID: U1892119
Studio Bedroom
1 Bathroom
33 SqM Size
1 Floor
Mar 2024 Completed

About This Condo

This property is a 33 SqM studio condo with 1 bathroom that is available for sale. It is part of the The Terraza Samui project in Maret, Koh Samui and was completed in Mar 2024. You can buy this condo for a base price of ฿2,700,000 (฿81,818/SqM).

Features

Garden AccessGarden Access

Basic Information

Date Listed Jul 9, 2024
Updated 1 week ago
Property Type Condo
Floor 1
Bedroom Studio
Size 33 SqM
Price per SqM ฿81,818
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) N/A
Unit Type N/A
Building Building C
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.
฿1,980/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1892119

Investment Opportunity: Charges & Yield

Sale Price
฿2,700,000
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.
฿1,980/mo

Project Details

Project Name: The Terraza Samui
Developer: Estanan Co.,LTD
Construction: Completed (Mar 2024)
Floors: 4
Buildings: 4
Units: 125
Project Area: 3,200 SqM
Nearest Landmark Lamai Beach - 0.4 Km
Location: Maret, Koh Samui
The Terraza Samui Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at The Terraza Samui

  • Communal Gym
    Ground Floor
  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Ground Floor

Available Units at The Terraza Samui

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Frequently Asked Questions

No pets are allowed at The Terraza Samui unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ₿0 per square meter based on the size of indoor area of the property and is ₿0.001 for this condo. 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At The Terraza Samui the required payment for the sinking fund is ₿0 per square meter based on the size of the indoor area of the property.
Lamai Beach is the nearest Beach from The Terraza Samui and it is 0.4 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 Terraza Samui you have to follow these steps:

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

 


FQ
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
30%
2nd Installment
Installment
35%
3rd Installment
On handover
35%
TQ
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
15%
2nd Installment
Installment
20%
3rd Installment
On handover
65%

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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Koh Samui
Maret

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Street View

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