3 Bedroom Villa for sale at Karma Shana Residence

 (Write Review)
Maret, Koh Samui, Surat Thani
Unit ID: U1403046
3 Bedrooms
2 Bathrooms
122 SqM Indoor Area
1 Storeys
5 Months Made To Order

About This Villa

This property is a 122 SqM villa with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Maret, Koh Samui and will be built within 5 months of purchase. You can buy this villa for a base price of £158,000 (£1,300/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed May 2, 2023
Updated 2 months ago
Property Type Villa (Single Detached)
Storeys 1
Location Maret, Koh Samui
Bedrooms 3
Nearest Landmark Lamai Beach -2.2 Km
Indoor Area 122 SqM
Price per SqM £1,300
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 300 SqM
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.

Leasehold
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.

Leasehold
Land Title Deed N/A
Construction Made To Order (5 Months)
Furniture
Unfurnished
View(s) Pool View, Garden View
Unit Type 3BR
Parking Spots 1
Pool Size 7.40 m x 3.40 m
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.
£1,150/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1403046

Investment Opportunity: Charges & Yield

Sale Price
£158,000
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.
£1,150/mo

Project Details

Project Name: Karma Shana Residence
Construction: Made To Order (5 Months)
Units: 35
Project Area: N/A
Nearest Landmark Lamai Beach - 2.2 Km
Location: Maret, Koh Samui
Karma Shana Residence Project Details

Project Features

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

Available Units at Karma Shana Residence

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Payment Plan

Payment Term
Installment Milestone Payment
Reservation Deposit
Immediately
10%
1st Installment
Start of construction
30%
2nd Installment
End of foundations
20%
3rd Installment
End of house coverage
20%
4th Installment
Interior completion
17%
5th Installment
On handover
3%

Frequently Asked Questions

All kind of pets are allowed at Karma Shana Residence including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at Karma Shana Residence is a fixed amount of £1,150. This amount 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.
Lamai Beach is the nearest Beach from Karma Shana Residence and it is 2.2 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

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

After you have found the right property at Karma Shana Residence you have to follow these steps:

 

  • - Unit selection and agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - 1st Contract Payment
  • - Payment Installments
  • - Snag List
  • - Transfer

Payment Term
Installment Milestone Payment
Reservation Deposit
Immediately
10%
1st Installment
Start of construction
30%
2nd Installment
End of foundations
20%
3rd Installment
End of house coverage
20%
4th Installment
Interior completion
17%
5th Installment
On handover
3%

Read more here

 

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Koh Samui
Maret

Neighborhood Overview

Location and Neighborhood

Street View

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