Location: Bang Rak, Koh Samui, Surat Thani
RE/MAX ID: RE001-2345
Asking Price: 3,855,000 - 5,836,600 THB
Ownership Options: Thai Freehold (Aor Chor 2) or 90-Year Leasehold
This standout development presents a rare opportunity for property investors looking for passive income in Koh Samuis thriving hospitality sector. Positioned on 9-1-6.3 Rai of land in the sought-after Bang Rak area, this is the largest freehold ocean view condominium project on the island.
Building L within the development will be professionally operated as a hotel under a 10-year management contract . Investors will benefit from a fixed 7% annual return based on the purchase price. During the 5th year, a scheduled 3-month renovation will take place, during which returns will be temporarily paused. After the 10-year period, owners may negotiate a renewal with the hotel operator.
Please note: Owners are not permitted to reside in the unit, but are eligible for a 50% discount on published room rates when booking a stay.
Photos are from a showroom.
Unit Features
- Studio layout with 1 bedroom and 1 bathroom
- Sizes range from 28.48 41.68 sqm
- Garden or swimming pool views
- Western-style built-in kitchen
- Fully furnished with air conditioning
- Private balcony with outdoor bathtub
Development Highlights
- 13 buildings across 564 total units
- Phase 1 includes buildings A, B, C, D, E, and F (Building L is within phase 2)
- Four-storey
- Massive wrap-around communal pool with sliders
- Private pool exclusive to Building L
- Community mall with shops & restaurants
- Gym, landscaped gardens, 24/7 security, and professional management
- Ownership & Financial Details
- Common fee: 45 THB/sqm/month
- Sinking fund: 60 THB/sqm (paid yearly in advance)
- Electricity & water: Government rates
- Rental management: Available (hotel management contract in place for Building L)
Payment Terms
- Booking: 50,000 THB
- Upon signing SPA: 30% minus booking
- Structural completion: 40%
- Interior start: 20%
- Transfer (Month 24): 10%
- This is a hands-off, yield-focused property investment in one of Thailands most visited islands, with long-term rental income potential and optional Thai freehold ownership.
- Contact us today for unit availability and full investment packs.