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    1 Bedroom Condo for sale at Horizon Residence
    Bo Phut, Koh Samui, Surat Thani
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    Sale Price
    ฿5,500,000
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    1 Bedroom Condo for sale at Horizon Residence
    (6 Reviews)
    Unit ID: U33351
    11% Rental Yield
    Bo Phut, Koh Samui, Surat Thani
    ฿5,500,000
    1 Bedroom
    1
    Bathroom
    60 SqM
    Size
    Dec 2015
    Completed
    9
    Sale Price
    ฿5,500,000

    About This Condo

    This property is a 60 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Bo Phut, Koh Samui and was completed in Dec 2015. You can buy this condo for a base price of ฿5,500,000 (฿91,667/SqM).

    Features

    BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed Nov 22, 2023
    Updated 3 months ago
    Property Type Condo
    Floor N/A
    Bedroom 1
    Size 60 SqM
    Price per SqM ฿91,667
    Pets Not Allowed
    Condo Ownership

    Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.

    Thai Quota
    Furniture
    A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
    Fully Furnished
    View(s) Pool View, Garden View
    Unit Type 1BR
    Building N/A
    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.
    ฿4,200/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U33351

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿5,500,000
    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.
    ฿4,200/mo
    Price-to-Rent Ratio
    The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
    9
    Rental Yield
    This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at Horizon Residence, and the current sales price.
    11%

    Project Details

    Project Name: Horizon Residence
    Developer: Horizon Homes Samui
    Construction: Completed (Dec 2015)
    Floors: 4
    Buildings: 2
    Units: 45
    Project Area: 9,300 SqM
    Nearest Landmark Choeng Mon Beach - 0.3 Km
    Location: Bo Phut, Koh Samui
    Horizon Residence Project Details

    Project Features

    Hotel Managed Hotel Managed
    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Bar Bar
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Spa Spa
    Reception / Lobby Area Reception / Lobby Area

    Popular Facilities at Horizon Residence

    • All
    • Fitness
    • Leisure
    8
    • Communal Pool
      Ground Floor
    • Communal Gym
      Ground Floor

    Available Units at Horizon Residence

    For Sale 5 For Rent 9
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Horizon Residence
    View All (5)

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    Frequently Asked Questions

    No pets are allowed at Horizon Residence unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    The common area maintenance fee is ฿70 per square meter based on the size of indoor area of the property and is ฿4,200 for this condo. This fee 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.
    For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Horizon Residence the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
    Choeng Mon Beach is the nearest Beach from Horizon Residence and it is 0.3 km away.

    Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

    In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

    This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

     

    Read more here

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

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer

     


    Read more here

    Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

    Read more here

    Reviews

    3.9 out of 5
    Based on
    6 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Good project, care for the environment
    Tammi Rommel, Switzerland, 5 years ago
    I decided to buy this project, and it is part that we can help reduce environmental problems because this project is a very environmentally conscious project. It uses water to be recycled for further use in the garden or the heat from the air conditioner uses with water heaters that we use every day as well. All these things can help to save a lot of water and electricity. Apart from that, this condo is clean, safe and the number of rooms is small. It's very private. Besides, the common areas are equipped with complete facilities. Moreover, the project location is close to Choeng Mon Beach and many beautiful restaurants that make our daily life very convenient.
    Complex condo with good services and energy-saving concept
    Catrina Lindow, Switzerland, 5 years ago
    This condo is fascinating with eco-friendly and quality living concepts. I know that this place will recycle water from the toilet via osmosis to water the plants and convert the heat from the air conditioner to the water heater, which is an excellent idea. However, even if the project chooses to use various recycling systems, the project can maintain the standard of accommodation very well. I have been here for about 4 months and was very impressed because the condo is beautiful with a well-designed interior. There is also a common area and various additional services to facilitate you. It has room service and maid service, just like a hotel. There is also a shuttle bus that transfers between the airport and the beaches. The nearest beach is Choeng Mon Beach. You don't have to drive a car because you can walk straight away. And as it's by the beach, there are many restaurants and bars around the condo.
    Vacation home with a complete range of facilities
    Ada Fontana, Ireland, 5 years ago
    When I first entered the bathroom, there was a smell of drain pipes. Anyway, there will be no problems again when reporting for repair. I think this place is well equipped and has everything you need. The atmosphere is calm and relaxing. There are restaurants and bars nearby. Most importantly, there is a shuttle bus to the beach, and it's super convenient. The furniture is a premium grade, including gym equipment. Sometimes, I wouldn't say I like going outside too much because of the hot weather, and I can cook by myself very easily. The kitchen is fully equipped !!
    It’s such a wonderful vacation staying in this place
    Bella Perkins, Belgium, 5 years ago
    It’s such a wonderful vacation staying in this place. The staff is friendly and attentive. Besides, additional services such as airport transfer, cleaning service, and car rental service make it super convenient. Speaking of the room, I stayed in a 1-bedroom unit, spacious and well-allocated. There are three swimming pools, and all of them are always kept clean. This place is not far from Choeng Mon Beach, as it’s only 4 minutes away. It’s pretty expensive, but for me, it is very cost-effective.
    Suitable for recreation
    Hannah Gerkens, Norway, 6 years ago
    It is an excellent place to stay. A few friends and I came to stay here. We are impressed with the services of the staff. They are lovely and help my friends and I very well. My room is fully furnished with good quality furniture. Moreover, the accommodation is also fully equipped with many facilities, a swimming pool, and a fitness room. There is also a shuttle bus to the beach, which is very comfortable. I am happy to stay here!
    Awesome luxury apartment!
    Suthida N., Thailand, 6 years ago
    Awesome luxury apartment!, Very modern and clean. The exterior is beautiful in white. There are large swimming pools and a fully-equipped gym. The room is big enough with a perfect kitchen. The room comes with high-speed wi-fi. During my stay, I feel comfortable because the staff is service-minded and highly responsible. They help me as much as they can. Impressive! The food here is superb. The neighborhood is quiet and pleasant. It's shame that the location is a bit far, but the project provided for a shuttle bus to the beach and the airport. However, I am very impressed and recommend to visit here!
    Koh Samui
    Bo Phut

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