2 Bedroom Apartment for sale at Emerald Bay View

(1 Review)
Maret, Koh Samui, Surat Thani
Unit ID: U1944285
16% Rental Yield
2 Bedrooms
1 Bathroom
829 Sqft Size
Ground Floor Floor
Jan 2024 Completed

About This Apartment

This property is a 829 Sqft apartment with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Maret, Koh Samui and was completed in Jan 2024. You can buy this apartment for a base price of ₿1.372 (₿0.002/Sqft).

Ground floor apartment with a sea-view [off plan - E50-1]

Enjoy breathtaking jungle/sea views and a serene escape from the everyday hustle and bustle.     This Ground floor apartment maximizes the 77 m², with large windows that flood the space with natural light.    Take a refreshing dip in your private pool, perfectly positioned to capture the stunning sea vistas.    The villa features a well-equipped kitchen, ample storage, and contemporary bathroom fixtures.  The 2 bedrooms offer flexibility to welcome a small family  The elevated position provides an amazing sea views, perfect for watching the sunset.    Situated in peaceful Lamai, close to local amenities, restaurants, and recreational activities.     This villa is a great investment opportunity for rental income.

Features

Private PoolPrivate Pool TerraceTerrace

Basic Information

Date Listed Oct 4, 2024
Updated 2 months ago
Property Type Apartment
Floor Ground Floor
Bedrooms 2
Size 829 Sqft
Price per Sqft ₿0.002
Pets Not Allowed
Apartment Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it is currently below 49%.

Company
Furniture
Unfurnished
View(s) Sea View, Garden View, Unblocked Open View
Unit Type N/A
Building Phase 2
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.
₿0.001/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1944285

Investment Opportunity: Charges & Yield

Sale Price
₿1.372
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.
₿0.001/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.
6
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 2 bedroom apartments at Emerald Bay View, and the current sales price.
16%

Project Details

Project Name: Emerald Bay View
Construction: Completed (Jan 2024)
Floors: 3
Buildings: 2
Units: 53
Project Area: 68,889 Sqft
Nearest Landmark Lamai Beach - 1.3 Km
Location: Maret, Koh Samui
Emerald Bay View Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Emerald Bay View

For Sale 9 For Rent 2
Get notified when new homes are being added to Emerald Bay View
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Frequently Asked Questions

No pets are allowed at Emerald Bay View 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 apartment. 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 Emerald Bay View 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 Emerald Bay View and it is 1.3 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 Emerald Bay View you have to follow these steps:

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

 


All types
Installment Milestone Payment
Reservation Deposit
Immediately
10%
1st Installment
Upon Starting Work
25%
2nd Installment
Upon Completion of Foundation
10%
3rd Installment
Upon Completion of 1st Floor
10%
4th Installment
Upon Completion of 2nd Floor
10%
5th Installment
Upon Completion of Roof
10%
6th Installment
Upon Completion of Floor & Ceiling
10%
7th Installment
Upon Completion of Electric & Plumbing
5%
8th Installment
Upon Installation of Windows & Kitchen
5%
9th Installment
Upon Completion of Painting Work
3%
10th Installment
On handover
3%

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

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
It's a very interesting made-to-order villa.
Luke Wein, Canada, 3 years ago
This is an interesting made-to-order villa project because it is located on a hill with a sea view of Lamai Beach (It also has apartment units.) The place is quiet and private. There are tourist attractions, shopping centers, and fresh markets nearby. Only 24 units will be built as part of the project, which is not excessive, suitable for living after retirement or vacation. I've reviewed the 3-bedroom unit. The project has a modern design. There are a private pool and furniture packages if you want to decorate by yourself. I think I'll buy it for my retirement in a few years.
Koh Samui
Maret

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Emerald Bay View

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Completion Status
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Location
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Year Built
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Completion Status
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