Apartments on Koh Samui

Description

An intimate project on Samui Island, only 8 apartments (4 available). ‘The Eight’ is a modern apartment building located in a quiet residential area of Maenam on Koh Samui Island – just a 3-minute drive from the main road. The combination of tranquility and privacy with easy access to the beach, restaurants, supermarkets and infrastructure makes it an ideal place for both residence and investment. Building and apartments: The project provides a total of 8 apartments ranging from 65 to 71 sq m. Each apartment offers: – a spacious living room with open plan kitchenette and dining area, – one bedroom, – a private balcony.

Availability: – 4 apartments have already been sold, – 4 remain on offer – possibility for foreigners to purchase on a Freehold basis (full ownership under Thai law). Amenities and infrastructure: – shared swimming pool for residents, – 6 parking spaces, – government utilities (water, electricity), – monthly service charge approx. 30 Euros (excluding individual water and electricity consumption) Payment schedule (linked to construction progress): 1. 10% – signing of contract 2. 35% – start of construction 3. 10% – completion of foundations 4. 20% – completion of main structure (without roof) 5. 15% – completion of roof installation 6. 10% – final payment at property acceptance Key assets of the development: – Excellent location – quiet Maenam neighborhood, close to the beach and amenities.
– High quality finishes and functional apartment layouts. – Full ownership (Freehold) available to foreigners. – Transparent payment schedule linked to construction phases. – Attractive price and potential for value appreciation – a solid investment or ideal vacation home on Koh Samui. net ROI 12%.