Koh Samui’s Beach Republic puts residential properties up for sale
February 26, 2014 - Koh Samui
Koh Samui’s renowned beach club Beach Republic has, for the first time, launched a collection of residences available to purchase.
Club Suites, a cluster of 18 completed, fully-furnished villas, are available for USD195,000 and, according to agent Claire Brown Realty, boast a guaranteed rental income of 6% net for five years.
The properties, all of which are 55 sqm, are available through 300-year lease, with no restrictions on foreign ownership.
Similar to Beach Republic other residential offering, The Residences, apartments at Club Suites were previously available through a fractional ownership scheme, which provided the owner with a maximum 30-day per annum usage.
Facilities at the beach club, which is situated on the Thai island’s Lamai Beach, include a restaurant, club house, spa and swimming pool, while the international airport is only a 20-minute drive away.
A range of lifestyle amenities such as restaurants, bars and shops are also situated nearby. Via Property Report.
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