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    3 Bedroom Villa for sale at The Ridge
    Bo Phut, Koh Samui, Surat Thani
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    Sale Price
    ₿7.458
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    3 Bedroom Villa for sale at The Ridge

    (5 Reviews)
    Bo Phut, Koh Samui, Surat Thani
    Unit ID: U1664166
    6% Rental Yield
    3 Bedrooms
    4 Bathrooms
    1,991 Sqft Indoor Area
    2 Storeys
    Dec 2019 Completed
    (5 Reviews)
    Sale Price
    ₿7.458
    16

    About This Villa

    This property is a 1,991 Sqft villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Bo Phut, Koh Samui and was completed in Dec 2019. You can buy this villa for a base price of ₿7.458 (₿0.004/Sqft).

    3 Bedrooms with Beautiful Seaview at The Ridge

    This beautiful villa, part of the Award-Winning development ‘The Ridge’, is located in the prime North East of the island and enjoys sea views towards Choeng Mon and Koh Phanghan. A spacious open-plan living, kitchen and dining area on the middle level combines directly with a pool terrace, which is perfect for relaxing in the daytime, and for entertaining in the evening. The villa has 3 well-designed 3-bedrooms, with two bedrooms upstairs enjoying panoramic sea views, and the 3rd bedroom on the lower level

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen OvenOven TVTV

    Basic Information

    Date Listed Sep 15, 2023
    Updated 2 months ago
    Property Type Villa (Single Detached)
    Storeys 2
    Location Bo Phut, Koh Samui
    Bedrooms 3
    Nearest Landmark Big Budhha Beach -0.7 Km
    Indoor Area 1,991 Sqft
    Price per Sqft ₿0.004
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    1,572 Sqft
    Plot Size 4,263 Sqft
    Pets All Kind of Pets Allowed
    Villa Ownership

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

    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.

    Company
    Land Title Deed Chanote
    Construction Completed (Dec 2019)
    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) Pool View, Garden View
    Unit Type N/A
    Parking Spots 2
    Pool Size 10m x 4 m
    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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1664166

    Investment Opportunity: Charges & Yield

    Sale Price
    ₿7.458
    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.
    17
    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 The Ridge, and the current sales price.
    6%

    Project Details

    Project Name: The Ridge
    Developer: The Ridge
    Construction: Completed (Dec 2019)
    Units: 8
    Project Area: N/A
    Nearest Landmark Big Budhha Beach - 0.7 Km
    Location: Bo Phut, Koh Samui
    The Ridge Project Details

    Project Features

    Hotel Managed Hotel Managed
    24H Security 24H Security
    Car Parking Car Parking

    Available Units at The Ridge

    For Sale 4 For Rent 5
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to The Ridge
    View All (4)

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    Frequently Asked Questions

    All kind of pets are allowed at The Ridge including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Big Budhha Beach is the nearest Beach from The Ridge and it is 0.7 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 The Ridge 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

    Reviews

    4.4 out of 5
    Based on
    5 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Great location, can see the view all around
    Joie Roy, Australia, 4 years ago
    Even though it is a made-to-order villa that has to wait about a year to complete, we have to wait for a long time to get the best value villas and reasonable price. The villas are modern, and the building structure looks strong, durable, and has great attention to construction details. The interior is also beautiful in the style you want. However, we have to be a little careful when traveling to the project because it is nestled on the hill. The path is also a slope, so ride with care. If you are not skilled, it is better to walk up by yourself for safety.
    Romantic resort in Bophut location
    Jessika N., Canada, 4 years ago
    A very attractive built-to-order villa. It is located near Choeng Mon Beach. Traveling is easy. The villas are beautiful, elegant, and modern with generous space, not cramped. The villa's pool is good in size. From the villa, you can see Choeng Mon Beach's sea view so clearly, making it like a romantic resort in Bophut location.
    the infinity-edge pool, It's super romantic
    Carley Nodal, Australia, 5 years ago
    The highlight of the villa is the infinity-edge pool with stunning views. It's super romantic! It is a new project with a beautiful and elegant design, providing peace and privacy to residents during the whole stay. However, it is located in a deep and steep area, far from tourist spots and other shopping malls. If you have a car, it will be more convenient because you can drive to various places conveniently. Anyway, if you take a taxi service, it will be very expensive. The staff here provide excellent service. And help us well. This is an ideal investment and a great vacation home. It is only 15 minutes far from the airport. Worth the money !! Awesome !!
    Beautiful villa, close to Bangrak Beach
    Timmy Ross, United States, 5 years ago
    Beautiful place with a modernly decorated interior. The layout is open-plan and airy. There is an infinity pool overlooking the sea. The villa can fit 8 people because it has spacious 4 bedrooms. Each room is very spacious. The neighborhood of the project has various amenities and is highly safe. It's also close to Bangrak Beach. I am extremely impressed.
    This place is exceptional
    Violette Chalamet, Italy, 6 years ago
    I rent this place monthly, and I really like it here. This villa has four bedrooms and three stories. The living area is spacious, and the furniture is durable. The project located on the hill allows us to enjoy the panoramic sea view. The entrance to the project is quite steep, so you must be careful. Other than that, I couldn’t find any problems. The staff is exceptional, and the villa quality is high. I’m very impressed.
    Koh Samui
    Bo Phut

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