3-Villa (4-Units) Investment Opportunity near Bangrak Beach

Unit ID: U1926929
Tenant-Occupied until Dec 31, 2024
Bo Phut, Koh Samui, Surat Thani
$648,000
10 Bedrooms
9
Bathrooms
3,444 Sqft
Indoor Area
2
Storeys
Jul 2000
Completed

About This Villa

This property is a 3,444 Sqft villa with 10 bedrooms and 9 bathrooms that is available for sale. It is located in Bo Phut, Koh Samui and was completed in Jul 2000. You can buy this villa for a base price of $648,000 ($188/Sqft).

An excellent investment opportunity, these 3 villas, comprising 4 rental units, are located directly next to each other on a side street off the main Bangrak beach road.  The largest villa is a stand-alone, 120 m2, 4-bedroom, 3 bathroom villa with a private pool. The second villa is a 70 m2, 2-bedroom, 2-bathroom, townhouse with a private pool and an additonal 1-bedroom, 1-bathroom apartment attached.  The third villa is a  98 m2, 3-bedroom, 3-bathroom townhouse. The villas are situated in the popular location of Bangrak Beach near to all essential amenities, including restaurants, shops, bars and nightlife and are only a 1 minute walk away from the main road of Bangrak Beach. Within a few minutes walk there are an abundance of restaurants, cafes, bars, convenience stores, and also the long stretch of beach that the Bangrak area has to offer, which is perfect to enjoy a cocktail and watch a stunning sunset. The convenience and proximity are perfect for short or long-term investment rentals.  All three villas and the apartment have been renovated within the last 2 years and are currently being rented short-term with excellent profit returns of 15% per year (see ROI screenshot).  All are beautifully decorated and come fully furnished, including Western-style kitchens, bedding, etc. More pictures are available, or better yet, come and tour the properties to appreciate their full potential.

Features

Private PoolPrivate Pool

Basic Information

Date Listed Sep 3, 2024
Updated 1 month ago
Property Type Villa
Storeys 2
Location Bo Phut, Koh Samui
Bedrooms 10
Nearest Landmark N/A
Indoor Area 3,444 Sqft
Price per Sqft $188
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
1,722 Sqft
Plot Size 4,844 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.

Foreign Ownership
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 (Jul 2000)
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
Water Price Government Rate
Electricity Price Government Rate
Unit Type N/A
Parking Spots 3
Pool Size N/A
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
Developer
Unit ID U1926929

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