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Thai Studio For Sale by Property Showrooms

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Studio Description



Lanna is a contemporary design driven resort being developed on Koh Samui, by Kalara Group - the island?s leading and highly regarded developers. Kalara Group have been developing on Koh Samui for over eight years and have six successfully and beautifully completed projects under their belt and a flawless track record for delivering exceptional quality real estate on time.

Lanna comprises of a series of cool and luxurious studios, one bedroom and two bedroom apartments in a tropical and contemporary setting and a range of high end facilities including fully serviced reception and concierge, lush landscaped gardens, 32 metre swimming pool, jacuzzi, state of the art gym, 24 hour on site staff, maid service world class restaurant with delivery, pool side BBQ area, tennis courts, pool table and business centre facilities.

Lanna will consist of just 39 studios, 18 x 1 beds, 3 x 2 bedroom top floor units and 6 x 2 bedroom penthouses. Each will be beautifully designed with luxurious furniture packages available. Kalara Group will manage and maintain all properties within Lanna and seamlessly handle the rentals for owners in-house.

Thailand is has long been one of the top choices for paradise seeking travellers from all parts of the world with Koh Samui being the leading destination island by a long way.... Samui is a super luxe, super cool island - its glistening turquoise waters and sun bleached, white sandy bays attract visitors year after year with no end in sight. Stunning scenery, hazy days and warm tropical nights combined with a unique night life with a huge variety of world class restaurants and bars make this small but magnetic island a thriving tropical inspiration. It?s no wonder that so many foreigners want to own property on Koh Samui. And for sensible investment reasons too ? the year round sunny weather and unrelenting popularity make for higher than average rental returns and viable opportunities for exit.

Lanna is perfectly positioned to capitalise on the island's high occupancy being just 10 mins from the airport and very close to the postcard perfect white sandy beach of Baan Raak, and just a short walk to some of the islands best fine dining restaurants such as Oceans 12, beach clubs and music bars such as Secret Garden, and cafe bars such as the famously chic BBC cafe. Baan Raak is also where the giant golden statue known as the Big Buddha is located which is a major tourist attraction. It's a sophisticated and bustling beachside resort.

Pricing:

Studios approx 31m2 @ 1,995,000 THB-circa £40 k / $62 k usd

1 beds: of 45m2 @ 2,995,000 THB - circa £60 k / $93 k usd.

2 beds: top floor of 70m2 @ 4,995,000 THB-circa £101 k/$156 k usd.

2 beds: penthouse of 110m2 @ 6,995,000 THB - circa £141 k / $218 k usd.

Payment Schedule:

$1000 reservation fee - fully refundable
25% on signing after 30 days due diligence
25% completion
50% mortgages over 5 years at 7% or 10 years at 10%

Furniture Pack:

Luxury furniture packs are available - please contact us for details

Rental Return:

Rental returns are conservatively forecast at 18.25% net based on just 40% occupancy (the developer forecasts 60% occupancy)

Management Fee:

Rentals at your property can be fully managed in-house for you ? the fee is just 20% of gross rental income
Tenure

The tenure of these properties is leasehold (90 years) with a share of freehold and there are no encumbrances for foreign buyers

Completion

Lanna will be completed in February/March 2012

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Approximate price of this 0-Bed Studio
€49,981 EUR | 
£40,000 GBP | 
US$62,706 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 1174605 
Town Koh Samui 
Province Surat Thani 
Country Thailand  
Type Studio
Bathrooms
Build Size 0.00 
Category Re-Sale  
Listed over 6 months ago
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Map of Koh Samui, Surat Thani, Thailand


Real Estate Agent Listing this Property

Agent Seek & Buy Properties Direct Limited
Listing Since 24 January 2011
Property Listings View all properties from this agent
Seek & Buy Properties Direct Limited Logo

Towns located close to Koh Samui, Thailand

  • Ban Taling Ngam   • Amphoe Ko Samui
  • Bo Phut Beach   • Ban Lamai


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Price: £40,000
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Purchase this Studio in Koh Samui for

THB3,905p/m

(70% LTV, 7% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Koh Samui, Thailand

Property Type Min Price Max Price Median Price
(All prices in EUR) Koh Samui Thailand Koh Samui Thailand Koh Samui Thailand
Apartment/Flat 40,000 13,490 5,900,000 85,000,000 - 7,188,480
House/Villa 135,000 32,755 100,785,500 335,000,000 - 7,500,000
Penthouse 141,000 115,909 141,000 164,100,000 - -
Studio 40,000 21,000 99,000 119,621 - -
Beach Front 2,100,000 54,588 60,000,000 60,000,000 - -
Sea View 2,000,000 2,000,000 210,000,000 210,000,000 - -

* Calculations based on 179 properties for sale in Koh Samui and 1539 properties for sale in Thailand




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