**Note Condos cancelled - only Villas ** April 18th 2008

Condo - The Sanctuary offers a selection of private villas and condominiums (condos) direct foreign ownership. With clear modern design and planning to make a contemporary, and private-gated community in Choeng Mon.
Facilities and services include round-the-clock security,fitness area, 95sqm swimming pool, bar, restaurant and reception area.ther services are available such as 24 hr maid service and property maintenance and estate management.

Prices start 5.2 M Baht - 8.3 M Baht for condo units

Samui Sanctuary - for more details

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Condo - Whispering Palms Condominium - close to central Chaweng with contemporary apartment living with a focus on common space and outdoor living life-style. The project's practicality and functionality are enhanced by total privacy and security as well as easy access to all surrounding amenities together with serenity in a beautiful, hillside tropical garden setting. Being a 3 storeyed condominium with close to 31 units available of 1 & 2 bedroom choices.

Whispering Palms Samui Condos Click for More Info

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Condo - The Park - Located in Choeng Mon . With 24 well designed living 2 Bed Condo/townhouse units set amongst a unique environment of resort-style contemporary apartment living with a focus on common space and outdoor living life-style. The Park's practicality and functionality are enhanced by total privacy and security as well as easy access to all surrounding amenities together with serenity in a beautiful, hillside tropical garden setting. Designed to fit seamlessly into the landscape,Two spacious swimming pools, lobby, reception, exercise room, lush tropical gardens and water features in view from every window, terrace and balcony of each unit .guaranteed return of between 6-8% is on offered 80% complete and condo licence issued.

Sizes start 122 sqm. Prices start from 5.98M baht

The Park Samui- for more details

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Condo - Arisara Place near Bophut beach is a affordable yet high quality condominium with sea views and facilities.

The project features include:
- Excellent location close to the main village facilities.
- International standard communication and entertainment services on site.
- A wide range of recreation services: a gymnasium, children’s pool, lap pool all in a natural gardens.
- Flexibility to own (as a freehold condo or to lease your apartment) Units range in price and size from 27- 62 square meters from 1.4 mil- 2.2 Mil Baht and 93 square meters from 5.2 Mil baht.

Arisara Place Samui - for more details

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Coming soon - Samui Emerald Condo

**Pre Launch Prices Limited time only**

Samui Emerald Condo Resort - Best of both worlds - affordable property, with high rental returns, Freehold Direct foreign condo ownership or Lease hold available. Samui Emerald is located less than 200m away from the oceans edge (Ban Plai Leam Beach). Samui Emerald has a planned 48 fully serviced resort condominiums overlooking thel pools. Owners will have access to the Resorts facilities which inc a restaurant, fitness center, lap pool, children’s pool bar and reception area. With onsite services offered form the Resort such as maid services along with full a property and rental management programme.The Developer offers a 10 year structural guarantee. Prices start from 2.6M baht for 1 studio sizes 44 Sq.m and up to 7.6 M+ Penthouse units 108 Sq.m (limited availability Sea view penthouses)

Samui Emerald - Click for more details

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Coming soon - Baan Arisara Condos

Baan Arisara - From the developers of Arisara Place is a new exciting contemporary condo project expected to start Late May 08. Prices**Pre Launch only start from 2.5 M THB**

Samui Emerald - Click for more details

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Useful information about condominiums in Thailand

Legal - In a condo building, a foreigner can own 49% freehold of the total floor area, example 49 out of 100 units, either as a lease or by owning the Freehold Title. After it has been properly registered, the condominium juristic body then owns the land title.

Recent stricter foreign ownership regulations in Thailand have forced developers in markets such as koh Samui to look to alternative solutions, it comes as no surprise that the first condominium projects have broken ground over the last year. Unlike Phuket and Pattaya, Samui island has not yet been a major target for this type of development, mainly because of strict adherence to Samui’s restrictive building code, which limits a building’s height to 12 meters. But things may be about to change as quality developers have already started to invest.

Advantages
There are some advantages to a samui condominium compared to a Villa or house. Firstly foreigners can legally own a condo in their own name, another advantage of buying a condominium is that by definition it is generally a managed property and even some developers are selling condo units in a resort Hotel setting. Owners can use a condominium and then lock it up while away knowing that the building and common areas will be looked after.  Alternatively, they can leave it under contract management and have it generate income in their absence.

Condos are also the most cost effective way to use land, especially in places like Samui where various limitations apply. The emphasis here is on linear rather that vertical construction, which means some interesting, innovative designs will soon appear to challenge the limits of the 12 meter rule.

Impacts on Samui’s property market
According to industry experts, in the future, Koh Samui will see more large, professional developers from Bangkok taking on medium-sized, low-rise developments.  These developers will come in with the initial financial means to build and develop the projects see one developer Aquarius Estate Co Ltd