2 Bedroom Condo for sale at Whispering Palms Suite

 (Write Review)
Bo Phut, Koh Samui, Surat Thani
Unit ID: U657490
7% Rental Yield
2 Bedrooms
2 Bathrooms
116 SqM Size
Ground Floor Floor
Jan 2010 Completed

About This Condo

This property is a 116 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Bo Phut, Koh Samui and was completed in Jan 2010. You can buy this condo for a base price of £138,000 (£1,190/SqM).

Features

Pool AccessPool Access Garden AccessGarden Access TerraceTerrace Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven

Basic Information

Date Listed Jan 26, 2021
Updated 3 months ago
Property Type Condo
Floor Ground Floor
Bedrooms 2
Size 116 SqM
Price per SqM £1,190
Pets Not Allowed
Condo 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%.

Foreign Quota, 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) Pool View, Garden View
Unit Type N/A
Building Building 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.
£160/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U657490

Investment Opportunity: Charges & Yield

Sale Price
£138,000
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.
£160/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.
15
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 2 bedroom condos at Whispering Palms Suite, and the current sales price.
7%

Project Details

Project Name: Whispering Palms Suite
Developer: N/A
Construction: Completed (Jan 2010)
Floors: 3
Buildings: 3
Units: 71
Project Area: N/A
Nearest Landmark Chaweng Beach - 2.1 Km
Location: Bo Phut, Koh Samui
Whispering Palms Suite Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Available Units at Whispering Palms Suite

For Sale 4 For Rent 2
Get notified when new homes are being added to Whispering Palms Suite
View All (4)

Loan Calculator

Payment Plan

1 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
£2,290
1st Installment
Upon contract signing
£6,880
2nd Installment
On handover
£2
2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
£2,290
1st Installment
Upon contract signing
£9,170
2nd Installment
On handover
£2

Frequently Asked Questions

No pets are allowed at Whispering Palms Suite unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is £1 per square meter based on the size of indoor area of the property and is £160 for this condo. 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 Whispering Palms Suite the required payment for the sinking fund is £12 per square meter based on the size of the indoor area of the property.
Chaweng Beach is the nearest Beach from Whispering Palms Suite and it is 2.1 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 Whispering Palms Suite you have to follow these steps:

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

 


1 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
£2,290
1st Installment
Upon contract signing
£6,880
2nd Installment
On handover
£2
2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
£2,290
1st Installment
Upon contract signing
£9,170
2nd Installment
On handover
£2

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

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