4 Bungalows and Empty Land for Long Lease

Title deed: Chanote
Location: Maenam
Land size: 2216 sqm (1-1-54 Rai)

REMAX ID: KT083-50

Key Features

Fully furnished
4 bungalows (approx 45 sqm each) with own bathroom, living room, balcony and built in kitchen ready to rent out as a business ( Airbnb or long term rent)
Empty land with potential to build extra bungalows/rooms
Ample parking spaces
Quiet location
Own deep well with 3 x 2000-liter water tanks and water pump
Electricity PEA
Gated property

Payment term

Option 1:
Lease 30 years
Key money 2,000,000 THB (one time)
Security deposit 200,000 THB (one time and refundable at the end of lease under terms and conditions)
Rent 900,000 THB paid yearly
Total payment upon signing lease contract 3,100,000 THB (first year)
10% Rent escalation every 3 years

Option 2:
Lease 30 years
No key money
Advance 4 years rental payment 3,600,000 THB (900,000 THB per year)
Rent to be paid every 4 years
Security deposit 200,000 THB (one time and refundable at the end of lease under terms and conditions)
Total payment upon signing lease contract 3,800,000 THB
10% Rent escalation every 4 years

Distance to places
5 mins to main road and Maenam beach
14 mins to Golf course
30 mins to Airport
17 mins to Wattanapat Hospital
10 mins to an international school in Maenam

Don't miss the opportunity to invest in this sought-after property in Koh Samui today! For more info and viewing, please contact us.