Flat on Koh Samui, Thailand, 41.25 sq.m

Installment payment is possible according to the scheme: 30% + 10%+10%+10%+10% +10%+20%. The last payment (20%) upon completion of construction.

A new residential complex on the island of Koh Samui. The project was made jointly with Swiss and Swedish companies. A new word in the finishing of construction technology. Nothing like this has been built here before. And it's not just about natural materials and concise style, it's about new technologies that use the natural possibilities of the environment. For example, it is very important for the tropics to ensure the circulation and inflow of fresh air.

This project uses the concept of Charles Correa's climate design, which focuses on natural air circulation and ventilation throughout the space, which is both environmentally friendly and practical.

A unique offer both for investors and for their own residence.

Project features:
High rental yield 10-12%
Full ownership(free hold).
Repurchase at the purchase price after 5 years.
The availability of the hotel's bonus program, which allows the owner to check the rental status in real time by phone, earn points for rent and use them to stay in hotels in more than 100 countries around the world.
Location:

In the center of Koh Samui in the Chaweng area. This is a well-known and popular area among tourists, which is also the area with the highest demand for rent. 5 minutes drive from Chaweng Beach, close to shopping malls, airport, international schools and hospitals. Koh Samui is the second largest island in Thailand after Phuket Island. Koh Samui is located in the Gulf of Thailand of the Pacific Ocean and covers an area of about 230 square kilometers. The rainy season and the heat season are not so pronounced here. Rest on Koh Samui will be comfortable not only in winter, but also in summer. There are no big waves and muddy sea on Koh Samui all year round. The clean beaches of Koh Samui are covered with snow-white sand and surrounded by coconut palms. There are more than 30 beaches around the perimeter of the island.

Since 2010, the number of tourists arriving at Koh Samui International Airport has steadily grown, reaching a peak of 1,325,251 people in 2019,

Due to the high demand for rentals in the Chaweng area, the occupancy rate of neighboring hotels exceeded 70% at an average price of 1,500 baht/night in 2019; long-term rentals up to 20,000 baht per month.

Total area: 18943 ㎡
Expected completion date: June 2024

Project building: 14 buildings (560 apartments)
Floor height: 12 m, 4 floors in total
Open space ratio: 53.3%

Term of ownership: condominium in freehold
Property fee: 50 baht/m2 per month
Maintenance fund for public areas: 600 baht / m2 (One-time payment at the time of purchase).

Access to the elevator by fingerprint and key card, high-quality household appliances, built-in video surveillance and round-the-clock security.

On the territory of the complex:

2 swimming pools, tennis court, fitness room, outdoor running track, children's playground, garden of more than 5000 m2.

For sale apartments to choose from: with 1 and 2 bedrooms, with an area of 29 sq. m. m up to 68.75 sq . m . m taking into account all needs. The apartments will be fully furnished and equipped with modern appliances.

See the layout in the photo.

In buildings 1, 2 and 3, apartments with a type A layout will be located, costing from $73530.00 to $ 127 618.00.

In Building 4, apartments with a type B layout will be located, costing from $81,764.08 to $113,806.76

In Building 5, apartments with a layout of type C, D and E will be located, costing from $55,213.00 to $200,266.75

Despite the fact that construction starts in September, the demand for apartments is high. In particular, due to the investment attractiveness of the project, as of August 1, 2022, 9 out of 24 apartments were sold in Building E. This is 37.5%.

It is assumed that a committee of owners will be created, which will select a rental management brand. The owner can manage the rental process independently. Owners renting out apartments will have 7 days free of charge every year.

Developer

Wing Property is a leading real estate developer in Thailand, formerly known as Project Pacific Development, which has gained its reputation since 1998 with more than 20 completed projects ranging from residential and hotel complexes to government projects throughout Surat Thani. Having a good reputation and high quality of implemented projects, the Chairman of Wing Property Ltd. was appointed Deputy Mayor of Koh Samui in 2015.