Unit ID: U1139274
15% Rental Yield
Bo Phut, Koh Samui, Surat Thani
$489,000
3 Bedrooms
2.5
Bathrooms
2,271 Sqft
Indoor Area
2
Storeys
Jan 2020
Completed

About This Villa

This property is a 2,271 Sqft villa with 3 bedrooms and 2.5 bathrooms that is available for sale. It is part of the project in Bo Phut, Koh Samui and was completed in Jan 2020. You can buy this villa for a base price of $489,000 ($215/Sqft).

Features

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

Basic Information

Date Listed May 24, 2023
Updated 9 months ago
Property Type Villa (Single Detached)
Storeys 2
Location Bo Phut, Koh Samui
Bedrooms 3
Nearest Landmark Chaweng Beach -0.7 Km
Indoor Area 2,271 Sqft
Price per Sqft $215
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 1,873 Sqft
Pets Not Allowed
Villa Ownership

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

N/A
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.

N/A
Land Title Deed Chanote
Construction Completed (Jan 2020)
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, Pool View, Garden View, Unblocked Open View
Unit Type N/A
Parking Spots 1
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.
$288/mo
Listed By
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1139274

Investment Opportunity: Charges & Yield

Sale Price
$489,000
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.
$288/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.
7
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 Wave 2 , and the current sales price.
15%

Project Details

Project Name: The Wave 2
Developer: N/A
Construction: Completed (Jan 2020)
Units: 7
Project Area: N/A
Nearest Landmark Chaweng Beach - 0.7 Km
Location: Bo Phut, Koh Samui
The Wave 2 Project Details

Project Features

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

Available Units at The Wave 2

For Sale 5 For Rent 1
Get notified when new homes are being added to The Wave 2
View All (5)

Loan Calculator

Frequently Asked Questions

No pets are allowed at The Wave 2 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Chaweng Beach is the nearest Beach from The Wave 2 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 Wave 2 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

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Koh Samui
Bo Phut

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Wave 2

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Verano Residence
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
25
Sales Prices
$658.94K - $1.24M
▲ 5% overpriced
Monthly Rentals
$5.75K
Year Built
Dec 2019
Completion Status
Made To Order
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
10
Sales Prices
$460.11K - $641.39K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
Villa The Wave
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
30
Sales Prices
$460.4K - $684.84K
▲ 9.5% overpriced
Monthly Rentals
$4.17K - $4.81K
Year Built
Mar 2016
Completion Status
Completed
Project Name
Saitara Peak
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
19
Sales Prices
$517.95K - $776.92K
Monthly Rentals
$3.74K - $4.46K
Year Built
Dec 2016
Completion Status
Completed
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
10
Sales Prices
$633.05K - $963.95K
Monthly Rentals
N/A
Year Built
Jan 2026
Completion Status
Off Plan
Project Name
Sunrise Estate
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
116
Sales Prices
$294.91K - $417.23K
Monthly Rentals
$3.57K
Year Built
Jun 2023
Completion Status
Completed
Project Name
Lux Neo
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
30
Sales Prices
$388.46K - $848.86K
▼ -29.7% underpriced
Monthly Rentals
$3.45K
Year Built
Jan 2023
Completion Status
Completed
Project Name
Jungle Villas
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
30
Sales Prices
$164.02K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
27
Sales Prices
$253.22K - $374.07K
▲ 7.7% overpriced
Monthly Rentals
$2.01K - $7.19K
Year Built
Dec 2019
Completion Status
Completed
Project Name
Oceans Chaweng
Location
Bo Phut, Koh Samui, Surat Thani
Number of units
9
Sales Prices
$399.97K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
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