Contemporary Koh Samui, Koh Samui

SOLD / UNAVAILABLE
Ref: 159
Type: Apartments, Developments, Penthouses
Living Space: From 151m²

Enjoy the best of Ko Samui in this contemporary, gated low-rise development which enjoys spectacular ocean views from its setting on a hillside. The Koh Samui villas, apartments and penthouses are nestled in a peaceful landscape of palm trees and greenery with access to the beach below.

All of the modern designed residences boast unobstructed panoramic ocean views and have access to either public or private pools.

Location

Koh Samui in the Gulf of Thailand is nestled between two of the world’s most rapidly emerging economies, India and China. Visitors from all over the world are attracted to Koh Samui for its breathtaking nature and stunning beaches. With direct flights to Bangkok, Pattaya, Phuket, Hong Kong, Kuala Lumpur and Singapore, the rest of Asia is only a few hours away.

Koh Samui enjoys a tropical climate and an eleven to ten month tourist season. The island is sheltered from the worst of South East Asia’s monsoon season and only November brings consistent rainfall and winds.

The development is located in the area of Mae Nam / Bang Po, an area zoned for residential use only and well away from the crowds. At the same time, shopping centre, a hyper market and the airport are only 15 – 20 minutes away.

The renowned Santiburi Golf Course is next door the land in front of the project is protected from future development.

Residences

All the tastefully modern-designed 64 residences boast unobstructed panoramic ocean views and have access to either public or private pools.

The units boast features such as:

  • Floor-to-ceiling windows with breathtaking views
  • Fully equipped kitchen with top of the range cabinets and appliances
  • Luxurious bathrooms with tubs and rain shower
  • Furniture package and transfer fees included in the prices
  • State-of-the-art communications system; wired and wireless internet; two-line telephone
  • Parking

Facilities & Services

There will be a Beach Club with swimming pool, bar and restaurant, surrounded by pavilions and sun loungers on the 60m beach.

Other amenities include:

  • Restaurant and bar
  • Squash courts
  • Spa
  • Gym

The Santiburi golf course is only a few steps away from the development. The estate also offers private underground parking lots and offers the use of golf carts to the residents.

An on-site professional estate management team will provide 24-hour estate security; Building exterior maintenance; Pest control; Management and cleaning of common and swimming pools; Landscaping; Building accountancy; Engineering services, management of common facilities, etc.

In addition, owners will have access to the following services

  • Housekeeping
  • Laundry
  • Room service
  • Catering
  • Baby-sitting
  • Limousine transfers

Optional Rental programme

Owners will get 30% profit share on profits generated by the hotel management company from room rentals and service provisions. There will be no additional expenses, as management fees, maintenance and insurance are all included. The complimentary use of 30 days p.a. is inclusive of utilities and daily housekeeping.

Payment Schedule and Financing

They are 3 different payment plans available:

  • Cash at signature of contract
  • A 2 years interest free payment plan, 35% at contract – 15% 6 months later, 25% 1 year later and remaining 25% 6 months later
  • Developer’s finance – a loan up to 5 or 10 years with 30% deposit at signature

To reserve a unit, a non-refundable deposit of THB 100,000 is required.

The service fee is charged for the maintenance of the common areas of the development and is set at 45 THB per m2 per month, payable in each year in January for the current year, except at the time of title transfer. In that case, the fee will be payable on the date of transfer, on a pro rata basis for that particular year. The service charge fee will be waived if the owners take part of the rental programme.

The sinking funds are THB 100,000 – 200,000 according to unit types. This is one-off, payable upon taking possession of units.

A 5-year construction guarantee is available for all the residences.

Legal ownership

The development is offered with a leasehold structure in combination with a subscription to a defined number of shares in the Thai company which owns the land. The land lease is of an initial term of 30 years with two additional terms of 30 years if contractually agreed.

This structure offers optimal control and security to the lessees of the land as they are shareholders of the Thai landlord company.

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Contact Modern Homes Worldwide at Modern Homes Worldwide

Contact Modern Homes Worldwide about this property
T: +44 20 7095 8701 E: info@modernhomesworldwide.com

​This modern property is offered for sale by Modern Homes Worldwide with international marketing services provided by Select International CB through its bespoke marketing program.