1 Bedroom Apartment for sale at Ruby Residence

 (Write Review)
Maret, Koh Samui, Surat Thani
Unit ID: U1656324
1 Bedroom
1 Bathroom
70 SqM Size
2 Floor
Jan 2020 Completed

About This Apartment

This property is a 70 SqM apartment with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Maret, Koh Samui and was completed in Jan 2020. You can buy this apartment for a base price of £109,000 (£1,550/SqM).

Discover modern coastal living in this charming 1-bedroom apartment at Ruby Residence, located in the serene neighborhood of Maret, Surat Thani. This beautifully designed unit offers a comfortable living space with a well-appointed kitchen, spacious bedroom, and a private balcony for relaxing with scenic views. . It can be turned into a 2 bedroom very easily and that the plot in front of the apartment can be bought for 400,000 (100sqm) to extend the pool or outside space.

Features

Private PoolPrivate Pool BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Aug 23, 2023
Updated 1 year ago
Property Type Apartment
Floor 2
Bedroom 1
Size 70 SqM
Price per SqM £1,550
Pets All Kind of Pets 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%.

Thai Quota, Company
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, Mountain View, Pool View, Unblocked Open View
Unit Type 1BR
Building 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.
£65/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1656324

Investment Opportunity: Charges & Yield

Sale Price
£109,000
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.
£65/mo

Project Details

Project Name: Ruby Residence
Construction: Completed (Jan 2020)
Floors: 2
Buildings: N/A
Units: 17
Project Area: N/A
Nearest Landmark Lamai Beach - 1.5 Km
Location: Maret, Koh Samui
Ruby Residence Project Details

Project Features

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

Available Units at Ruby Residence

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Payment Plan

Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
10%
1st Installment
Upon contract signing
90%

Frequently Asked Questions

All kind of pets are allowed at Ruby Residence including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is £1 per square meter based on the size of indoor area of the property and is £65 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 Ruby Residence the required payment for the sinking fund is £19 per square meter based on the size of the indoor area of the property.
Lamai Beach is the nearest Beach from Ruby Residence and it is 1.5 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 Ruby Residence you have to follow these steps:

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

 


Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
10%
1st Installment
Upon contract signing
90%

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

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Koh Samui
Maret

Neighborhood Overview

Location and Neighborhood

Street View

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