Thailand - Bo Phut
Bo Phut - Prices starting from £106,422.
A Development of stunning 2 & 3 bed individual holiday villas with pools in the fashionable Bophut area of Koh Samui, Thailand’s most exclusive boutique holiday destination.
Bophut Residence offers investors outstanding value for money with luxury tropical villas available off-plan at substantial discounts to local prices. The villas are superbly positioned in a quite residential area close to all amenities and enjoying stunning views of the surrounding mountains.
Bophut Residence is 5 minutes drive from the beach, shopping at TESCO Lotus, the delightful Fisherman’s Village with is wide array of bars and restaurants and 10 minutes from the airport.
Foreign Ownership
Ownership for foreigners in Thailand is achieved either by a long lease which can be converted to freehold ownership or via a Thai limited company owning the freehold. The most effective and convenient method for villa owners is the lease option which is cheaper and equally as secure. Leases last for a period of 30 years with a further 30 + 30 (60 year) year renewal clause. Conversion to freehold can take place at any time (in which case a Thai limited company will be needed). Please contact us for full details of Foreign Ownership.
Construction
Construction of the villas is done to Western standards with a UK team of builders overseeing all aspects and a UK civil engineer and project manager overseeing the entire process and signing of each stage as complete on behalf of the client.
The final stage payment (5%) is only released once all snagging items have been dealt with and the engineer is happy that each villa meets our exacting standards of workmanship, finish and quality.
Services
The site enjoys water from its own deep wells which is of drinkable quality (though bottled water is recommended), 3 phase underground electricity, telephone lines, internet, and satellite TV are available. The developer will also put in place a clubhouse with bar restaurant and swimming pool once a majority of the villa sales are completed.
Security
24 hour gated security will be in place on the site.
Maintenance and Management
Full maintenance and rental management service is available to residents at very competitive prices. Units should achieve gross rents of between GBP 500 – GBP 1,000 per week dependent on size (2 or 3 bed) and season. A net return of 10% per annum should be very easily achievable.