The Wave Development Samui
The Wave Development Samui — image 2The Wave Development Samui — image 3The Wave Development Samui — image 4The Wave Development Samui — image 5
Grade A+villaFreeholdluxury

The Wave Development Samui

Chaweng Noi · Koh Samui · Koh Samui

$416,667

Asking Price (USD)

฿15M THB at source

Hotel Act — verify short-let permits before buying

Thailand Hotel Act: renting for under 30 days without a hotel licence is technically an offence. Most Phuket/Koh Samui stock operates short-term via licensed buildings, branded-residence rental programs, or villa-estate management — verify the building/estate permits daily rental before buying.

5.9%

Net Yield (after tax, all-in)

5.9%

Managed ROI (after tax)

14.2%

Gross Yield

53%

Occupancy

Net yield is after Thai rental income tax (modelled as a conservative blended non-resident rate) and assumes fully-managed short-term letting — confirm the treatment with a Thai tax adviser. Sub-30-day rentals require the building or estate to be appropriately permitted under the Hotel Act.

Projected Gross Revenue: $63,249/yr
Average Daily Rate: $328
Net Yield (after tax): 5.9%
Payback Period: 17.0 years
5-yr Capital Value: $494,870
10-yr Capital Value: $587,750
Brixfox Score: 97 / 100
Comparable Properties: 101
Data Confidence: 94%
Search Radius: 2 km
How Brixfox computes these figures

True Investment Cost

Thai transfer fee or lease registration + legal + furnishing & STR launch setup.

$445,000

+6.8% over asking

Asking price$416,667
legal$4,167
furnishing$20,000
transfer fee$4,167
All-in investment$445,000

Estimates use Thailand's buyer share of the transfer fee (freehold/company) or lease registration + stamp (leasehold), plus conveyancing and due-diligence legal fees; furnishing & STR launch covers furniture, appliances and launch photography. Actual legal fees vary — budget extra for surveyor and bank fees if financing. Working capital (2–3 months operating buffer) not included.

Ownership: Freehold

Foreign-freehold condominium — the title deed is registered in your name within the building’s 49% foreign quota. The cleanest structure for a remote international buyer.

Bedrooms: 3
Bathrooms: 3
Building: 217 m²
Land: 451 m²
Style: modern
Condition: new-build
Year Built: 2023
Private Pool
sea

Design Features

infinity poolfloor-to-ceiling sliding glass doorsstone accent wallsopen-plan living

Score Breakdown

ROI
20.67
Visual Appeal
15.6
Ownership Security
13
Location
10.56
Land & Space
9.99
Rental Demand
5.29
Payback Speed
4
STR Suitability
4

Description

The Wave Development Samui The Wave Development Samui – Nestled in a tropical aspect overlooking spectacular Gulf views, the Wave Project's Semi-Detached C Villas check every box for luxurious coastal living, only 900 meters from the prestige of Chaweng Noi Beach. Be amazed at the impeccable workmanship of this exquisite 3 bedroom, 3 bathroom villa for sale in Koh Samui. Arrive and park in your car in the separate garage then proceed inside where the breezy open concept living immediately captures the sweeping vistas of the sea via glorious floor-to-ceiling windows and sliding glass doors. Even the fully equipped kitchen enjoys this view, keeping the rolling surf as a proper backdrop to both your culinary adventures and entertaining. This bright and airy space flows seamlessly to the terrace where a private infinity pool offers 180 degree water views and a cooling place of respite from the golden Thai sun. A guest toilet concludes the interior amenities level, offering proper convenience to residents and visitors alike. The upper floor, two full sea view bedrooms extend to a shared balcony, fitted with built-in wardrobes in the bedroom. Both of the bedrooms benefit from an in-room sea view bathtub, perfect for soaking to the live-action panoramas of the ocean after a full day of exploring and adventuring in town. The 3rd bedroom positioned to the rear is ideal for children. All throughout, this residence evokes a spirit of distinction by incorporating fine decoration, neutral tones and natural materials into its design for residents to experience to new levels of luxury and style. The Wave Development Location Info Adjacent to the commercial street, the Wave Project is located in Chaweng Noi, close to a variety of restaurants, shopping malls, hospitals and international schools. A paradise bathed in sunlight and a hip party scene come nightfall, Chaweng is a favorite destination for beach goers and night owls, with plenty of activity for everyone to enjoy themselves. Boasting various water sports, restaurants and bars, Chaweng Beach is the perfect place to lose yourself in the moment! Here you can view the 4 bedroom villa option at the Wave II “click here”

Location

📍 9.4982°, 100.0574°

Approximate location

Chaweng Noi, Koh Samui, Koh Samui, Thailand

Listed through FazWaz

Price
$416,667
Inquire
3-bedroom freehold villa in Koh Samui — photo 1 of 5
samui-island-realty.com
1 / 5
3-bedroom freehold villa in Koh Samui — photo 2 of 5
2 / 5
3-bedroom freehold villa in Koh Samui — photo 3 of 5
3 / 5
3-bedroom freehold villa in Koh Samui — photo 4 of 5
4 / 5
3-bedroom freehold villa in Koh Samui — photo 5 of 5
5 / 5

The Wave Development Samui

Koh Samui · Ref BF-9356Source · samui-island-realty.com · listed 7 Oct 2026
Asking price · Freehold
$416,667
Ownership
Freehold
Bedrooms
3
Bathrooms
3
Built area
217 m²
Land
451 m²
Brixfox Score 97 · A+Financial analysis ↓

Unlock full financial data

Get revenue, ROI calculations, AI audits, and investment scores for every property.

Hotel Act — Verify Short-Let Permits Before Buying

Thailand Hotel Act: renting for under 30 days without a hotel licence is technically an offence. Most Phuket/Koh Samui stock operates short-term via licensed buildings, branded-residence rental programs, or villa-estate management — verify the building/estate permits daily rental before buying.

Financials

What it earns, what it costs to own, and the net yield

Financial analysis
· Brixfox Standard · Non-resident · Fully managed
Fully managed is the Brixfox Standard shown on every card: a full-service manager's commission, charged on top of the Airbnb/Booking channel fees (not the cleaning cost — changeovers are funded by guest cleaning fees; you bear the residual). Self-managed drops the commission; the channel fees stay, because the platform is paid whoever manages, and you pay staff/local operations, a higher cleaning residual and your own time directly. Both scenarios divide the SAME gross revenue — the toggle changes the cost stack, not the revenue. That revenue is observed from actively-operated comps, so self-managed assumes you match their performance.Both scenarios share the same projected revenue — the toggle changes who runs the property and what that costs, not what it earns.
Net yieldNet operating income ÷ all-in investment. After local operating taxes; before home-country personal tax and financing costs. Modelled from observed market performance of comparable Airbnb listings.
Gross yield · all-in basis
Before tax in your home country and financing costs. Estimates, not financial advice.
Modelled from Airbnb listings we track across Koh Samui — live calendar data.

No Airbnb match on file

We have not confirmed this exact property on Airbnb, so it carries no operating history here. The figures above rest on the comparable set — a launch scenario, not a track record.

Revenue assumptions

Derived from the comparable Airbnb listings below. The headline ADR is the expected BOOKED rate — nearby asking prices corrected by our measured, market-calibrated asking-to-booked factor. Occupancy is calibrated against tracked reference homes nearby. Comp cards below show raw asking prices.
Expected ADR
$328
Expected booked rate (market-calibrated)
Expected occupancy
53%
Full-year estimate, market-calibrated
Projected annual revenue
$63,249
ADR × occupancy × 365
Seasonal occupancy pattern
Peak Jan +35% · Low Sep -25%
J
F
M
A
M
J
J
A
S
O
N
D
Modelled monthly index (relative to the annual average) — replaced by measured per-market indices as calendar history matures.

Investment basis

The true all-in acquisition cost — asking price plus purchase costs, renovation and furnishing. Every yield on this page is computed against this total, not the asking price.
Adjust the figures to your deal — yields recalculate live.
Purchase price· asking
$
Acquisition costs· 2.0% of price, auto-calculated
$8,334
Land Office transfer fee (buyer's half of 2%)$4,167
Legal & due diligence$4,167
Renovation budget· no measured Thailand basis — enter your own quote
$
Furniture & STR launch
$
All-in investment
$445,001
+6.8% over asking
Fully managed scenarioSwitch the scenario with the toggle at the top of the financial analysis — it drives every figure in this section. Gross revenue is identical in both scenarios (the comps' observed performance); the Villa Scorecard and risk panels elsewhere on the page always quote the fully-managed Brixfox Standard.
Gross annual revenue
••••
Rental management
••••
Booking channel fees
••••
Cleaning & consumables (net of guest fee)
••••
Utilities (electricity, water, pool, garden)
••••
Insurance
••••
Maintenance reserve
••••
Land & Building Tax
••••
Personal income tax on rent
••••
Net operating income
••••
Net yield on all-in investment
••%

Income tax is Thai personal income tax on 70% of gross rent (the standard 30% deduction), at the 0–35% rates and before any personal allowance. The 15% a Thai payer withholds from a non-resident's rent is credited against this on the tax return, so it is not an extra cost. Financing is not modelled.

Rental yield + value growth

Your net rental yield plus a yearly rise in the property's market value (land and building) that you choose. Value growth is an assumption, not data — which is why it starts at 0% and is kept out of the yield figures above.
Property value growth per year · your assumption0%
0%3.5% · Koh Samui 5-yr avg — historical, not a forecast8%
Yield + value growth
••/yr
••% net yield + 0% value growth
Value growth figures are illustrative only. Past regional price growth does not predict future performance; local supply, regulation and currency moves can materially change outcomes. Not financial advice.
Evidence

Where it sits, and who confirms it

Comp table: Market evidence ↑ in Financials

Location

Approximate area

Koh Samui

Loading Map...

Explore the full market map
Verdict

Score, and what could go wrong

Same net-yield basis as the financial analysis

Brixfox Score

97A
Location••••
•••• •••• ••••
Rental Yield••••
•••• •••• ••••
Occupancy••••
•••• •••• ••••
Nightly Rate••••
•••• •••• ••••
Visual Appeal••••
•••• •••• ••••
Size & Space••••
•••• •••• ••••
Tenure••••
•••• •••• ••••

Upgrade to Pro to see the full scorecard analysis.

Risk & what-if

ScenarioOccupancyNet income /yrNet yield
-20 pts occupancy33%••••••%
-10 pts occupancy43%••••••%
Expected53%••••••%
+10 pts occupancy63%••••••%

Brixfox Standard · Non-resident · Fully managed · net yield on all-in cost · upgrade to Pro to stress-test this yield

TenureFreeholdno lease decay · no amortisation
Payback9.4 yearsfrom net rent at the expected case
Ask Brixfox

Questions about this listing, answered from its data

Ask Brixfox about this property

Answers grounded in this listing's data, its Airbnb comps and the score breakdown.

Try one of these

Create a free account to ask 2 free AI questions — Pro is unlimited.

Questions are stored for 12 months to improve our answers. Privacy

Inquire

Take the numbers with you, or talk to the agent

Property Underwriting Report not available here

The underwriting report is not available for this market yet.

Interested in this property?

Your Brixfox analysis goes with it, so you arrive as a qualified buyer, not a cold email. Where the agency takes inquiries through Brixfox it goes straight to the agent; otherwise it comes to the Brixfox team and we reply to you. Brixfox adds no fee.

Optional — leave it blank and we'll send the message above.

Source · samui-island-realty.com

We email you a copy and check in a few days later that you heard back. No spam, no fee.

Modelled from live Airbnb calendar data around this property · operating costs per line, editable in the P&L · estimates, not financial advice.Data sources & methodology ›

ROI calculations use verified Brixfox Intelligence rental data. Operating costs are modelled per line — Airbnb/Booking channel fees whoever manages, then either a full-service management commission or the staff/local operations a self-managing owner buys back, cleaning residual, utilities & insurance, local taxes — with every rate editable in the Financial analysis P&L above. Gross revenue is identical in both management scenarios. Market factors in Thailand may impact actual yields.