Koh Chang Real Estate and Property Guide. Land, Homes and Condomniums For Sale» Property and Real Estate Agent on Koh Chang : Best Value Beach Villa on Koh Chang * Price Reduced by THB 2 Million *

Best Value Beach Villa on Koh Chang * Price Reduced by THB 2 Million *

Ian — Wed, 26 May 2010 10:24:36 +0000

Luxury 4/5 Bedroom Beach Villa For Sale on Koh Chang

May 2010. The owner has significantly reduced the asking price reduced the price in order to sell quickly.

Built by British owner in 2008. The property was built to UK standards with tiled roof, insulated walls, aluminium door & windows, concealed wiring, concealed AC, custom made built-in wooden cupboards, wall units, wardrobes etc. All furniture and electrical equipment such as Fridge/freezer, Oven, LCD TVs is included in the asking price. Everything is brand new, the house has barely been lived in.

With equivalent sized beachfront villas in the three main luxury housing developments on Koh Chang costing a minimum of 50% more, excluding fittings and furniture, this villa is the best value beachfront home that is available on the island at present time.

The house lies approximately 400 metres from the main road, access is by a private road. The surrounding area is home to some local families, a couple of small resorts and also a handful of other expat owners who have chosen the area to build their beachfront homes, well away from the noisy tourist areas of the island.

Ground Floor – Garage – with automatic door, storage, workbench & equipment etc, Maid’s bathroom, Open plan Kitchen / Living area with outdoor terrace, Ensuite Master Bedroom with outdoor terrace, Second Bedroom, Bathroom.

Upper Floor – Maid’s bedroom, Large Home Office, Landing area, Two children’s bedrooms , storage areas.

Outside – Secure Boat Parking area, Tiled patio/sundeck with BBQ area, Garden, Jacuzzi plunge pool, Beachfront Sala, Private beach area.

Also includes use of a slipway, 100 metres from the property, where a small speedboat can easily be put into the water.

Can be sold on 90 year lease (30+30+30) to a foreign buyer or Freehold if bought in a Thai name.

Price: 17,000,000, 16,000,000 now reduced to 14,000,000 Baht

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* Price Slashed by Over 30% * One Bed Bungalow Near the Sea

Ian — Tue, 25 May 2010 04:45:57 +0000

Home For Sale on Koh Chang

One Bedroom Bungalow on Koh Chang

Exterior of Bungalow

May 2010. This property has been upgraded and the roof space converted into a bedroom and storage space. Additional land was also acquired to make a large parking/garden area.

Brand new 1 bedroom bungalow sitting on 200sqm of Chanote titled land on Koh Chang.

Built by British owner as a home whilst his nearby luxury villa was being constructed. The property was built to western standards with tiled roof, aluminium door & windows, concealed wiring, AC etc. includes bed/living room, kitchen, bathroom & terrace. The loft can easily be converted to make additional living space. The selling price includes all fixtures and fittings.

Adjacent lies a parking area for two cars and boat trailer.

There are good sea views from the house plus a small private beach and slipway suitable for speedboats on site. The private beach is only 40 metres away.

Can be sold leasehold to a foreign buyer. All in all, a nice little holiday home for anyone wanting to spend extended periods on the island.

Price: 3,000,000 Reduced to 2,000,000 Baht.

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Beachfront Apartments For Sale with Financing Plans Available

Ian — Fri, 08 Jan 2010 14:40:31 +0000

Boutique Apartment Complex – Only 13 Units on a Private beach with Finance Options.

This new 13 apartment development is situated on a private beach and is under construction now. Hands on project management is provided by the German developer who has over 25 years construction experience, ten of those in Thailand. This ensures buyers receive not only value for money but a guarantee of European build quality.

Developer finance also means that you can take possession of a one bedroom apartment for an initial payment of well under 1 million baht.

This is a small exclusive complex has three and a half floors and only 13 residential units. It is being constructed just 35 meters away from a private beach on the peaceful east coast of Koh Chang, which is proving to be a popular location for buyers in search of a holiday home on the island.

The apartments are all sold fully fitted and finished and all feature large terrace or balcony areas for outdoor living. They are built on three and a half floors, with the top floor reserved for two Penthouse Units. Apartments range in size from a 50sqm, one bedroom unit to a 345sqm three bedroom family unit.

On-site facilities will include landscaped gardens, parking, laundry area, storage facilities, a restaurant and communal swimming pool.

The selling price includes interior design with buyers having the freedom to customise their apartments to suit their specific tastes. As there are only 13 units, the developer will work with buyers indidually tofit out their unit in the style and colours of their choosing.

Land, Floorplans & Site Photos:

Apartment Sizes & Prices:

Unit	Price (THB)
Groundfloor Suite No.1, 1 Bedroom 74m²	3,315,000
Groundfloor Suite No.2, 2 Bedrooms 176m²	9,945,000
Groundfloor Suite No.3, 2 Bedrooms 199m²	10,660,000
Groundfloor Suite No.4, 1 Bedroom 84m²	5,460,000
1st Floor Suite No.5, 1 Bedroom 100m²	6,630,000
1st Floor Suite No.6, 1 Bedroom 78m²	5,200,000
1st Floor Suite No.7, 1 Bedroom 50m²	3,250,000
1st Floor Suite No.8, 2 Bedrooms 222m²	14,430,000
2nd Floor Suite No.9, 1 Bedroom 128m²	8,320,000
2nd Floor Studio No.10, 1 Bedroom 63m²	4,095,000
2nd Floor Suite No.11, 3 Bedrooms 345m²	22,425,000
Penthouse No. 12a, 1 Bedroom 150m²	10,200,000
Penthouse No. 12b, 2 Bedrooms 230m²	15,640,000

Management Fees:

Monthly management fees covering Property Management of the public areas eg – Gardening, Maintenance, Communal Electricity, Garbage Collection are approximately 22 Baht/sqm/month for each apartment.

Financing:

This is the only development on Koh Chang with a variety of financing packages on offer for all apartments. The developer realises that whilst many people still have the same jobs and earn the same salaries as they did prior to the economic crisis, banks are very reluctant to lend money – especially on property purchases overseas.

The developer provides financing for purchases through their own finance company at interest rates tied to those in Europe, currently approx 5.45%.

The developer is happy to discuss your individual requirements when it comes to financing a purchase. But a couple of scenarios of how developer financing can work are shown below:

Purchase with Financing

You’d like to buy an apartment but can only raise 50% of the purchase price, and your bank wont loan you the remainder.

In this case you’d pay 50% of the purchase price initially with the remaining 50% financed by the developer and due for repayment in 10 years time. During this intervening period you only pay interest on the loan from the developer. (At current rates interest is just under 5.5%/year. ) At the end of 10 years you must pay the remaining 50% – or refinance the loan with the developer again, if your financial situation doesn’t allow for repayment of the loan.

E.g. You decide to buy Apartment 1, a 74sqm, 1 bedroom unit. The selling price is 3,315,000 Baht. This would mean an initial payment of 50% - 1,657,500 Baht - and monthly ‘interest only’ payments of just under 7,500 Baht/month. You then have a decade in which to raise the funds to repay the remaining 50% of the purchase price to the developer. Or, as property prices rise, you could resell your apartment, repay the outstanding amount to the developer and keep the remainder as profit.

Lease with the Option to Buy

Again, using Apartment 1 as an example. The ‘Lease with the Option to Buy’ plan allows buyers to pay 30% of the sales price plus a monthly leasing fee in order to lease the apartment for up to 90 years and at, any time, purchase it for the original price.

The monthly lease payments and the purchase price are fixed at the start of the contract. The monthly payments comprise the Service Fee and a Purchase Price Guarantee fee. At any time during the 90 year lease you can then buy the apartment by repaying the remaining 80% of the purchase price, less the total amount paid in Purchase Price Guarantee fees, to the developer. This can be in 5 years, in 10 years, in 30 years etc . . . it is up to you and when you pay depends entirely on your financial situation.

E.g. You decide to buy Apartment 1, a 74sm 1 bedroom unit with a slaes price of 3,315,000 Baht. Your initial down payment is 30% - 994,500 Baht. The monthly payments are the Service Fee of 5,801.25 Baht + the Purchase Price Guarantee of 2,320.50 Baht. A total of 8,121.75 per month.

You use your apartment, maybe you even rent it out to earn income from it, and at some point, say 10 years in the future, in 2020, the economic situation has improved and you are now in a position to buy your beachfront apartment.

You would need to repay a total of 70% of the purchase price, i.e. 2,320,500 Baht. However you have already paid 120 monthly payments of the Purchase Price Guarantee. A total of 120 x 2,320.50 Baht = 278,460 Baht.

Therefore you repay the developer (2,320,500 – 278,460 Baht) = 2,042,040 Baht and the apartment is yours for the remainder of the 90 year lease period with no more monthly payments to make.

For more details including floor plans and financing for specific unit , please contact me

2 Rai East Coast Beachfront Plot For Sale

Ian — Mon, 21 Sep 2009 11:55:08 +0000

Land For Sale on Koh Chang

2 Rai, Chanote title, 40 metres beachfront. Ideal for private home.

View From Rear of Land

This land lies approx 200 metres off the main road and is accessed by a dirt track. The land has been cleared and filled and an old house stands on it. The land has a Chanote title and is approx 40 metres wide (on the shore) x 83 metres deep

The shoreline here is mainly dark red sand and stones. Good for fishing or for anyone who is looking for a quiet spot for a sea front house. As the land is on the quieter east coast of Koh Chang it isn’t really suitable for a resort. The nearest local village is under 5 minutes drive away.

Price: 10,000,000 Baht

Photos

2 Bed Beachfront Villa For Sale

Ian — Fri, 14 Aug 2009 05:04:06 +0000

Houses For Sale on Koh Chang

The perfect island home

Rear View of House

This two bedroom property covers a huge area – over 400sqm of living space and sits on 2000sqm of Chanote titled land.

All rooms have been designed to stay cool with high ceilings showing the exposed wooden beams. All windows also fold back to allow fresh air to flow through the house. Both bedrooms are air-conditioned and also ensuite with indoor and outdoor bathrooms. One has a bathtub. They also include dressing room area with floor to ceiling built in wardrobes.

The open plan kitchen area and terracotta tiled living area opens out onto a covered deck and also open deck area ideal for dining under the stars or sunbathing. There is also a Jacuzzi in case you need to cool off.

At the rear of the house is a gravel driveway with ample parking and also the maid’s bungalow. The current owner employs maid to keep the house in perfect condition when he is not there. At the front of the house is a spacious garden which has mature trees that provide shade, a great place for children to play. By the shore the beach is red sand and small stones.

The land and house are owned freehold in the name of a Thai registered company that was set up by a well know expatriate law firm. This company is included in the sale so for a foreign buyer only the buying process only involves changing the name of the Director of the company.

Price: 18,000,000 baht.

Photos