Description: This resort consists of 60 modern exclusive condominium-resort hotel units (Condo-Tel), built on 5 Rai (8.000 Sq.m.) of beautiful hilly land. It is intend to give tranquil accommodation among the hills and valeys, just 10 minutes west of Hua Hin. The Condo-Tel being a condominium means owners will have full strata title deeds for their apartments. Thus foreigners will be able to own their apartments fully and legitimately. The project is also operated as an owners/members club and as a resort hotel. Owners/members will be able to enjoy peaceful comfortable homely accommodation operated by the Hotel Management and they have the option to join the resort rental pool program, thereby letting their holiday accommodation pay for itself. The income will be shared : 60% HM ; 40% Owner We forecast a very conservative 60% average occupancy per annum for the first year of operation. Our customers are first and foremost our own hotel members (Thai and Foreign). Then we have the usual Foreign Leisure traveler and of course Thais are finding Hua Hin more and more popular and travel there for the weekend. When the new highway is completed in 6 months' time the traveling will be about 2 hours. (The distance from Bangkok is 185 kms.) The expected rate of return would be between 6% - 7% p.a. Aircon system: Daikin / split type or equivalent. All are wall mounted with remote control. Aircon Locations: In all living room and bedrooms. Kitchen Type & Appliance Brand(s): Gio/kitchen or equivalent. Fully furnished: All units have option for full furnishing Title Deed Status: Freehold. No. 27968 Foreign Ownership Quota available: 49% freehold. Distance to Hua Hin by car: 10 minutes. (8 KM.) Distance to beach by car: 15 minutes. (9 KM.) 3 BEDROOM (E) 130.2sq.m. Level 3 Price Per Sq.m. Option1 8.449.000 THB 64.900 THB Option2 9.361.000 THB 71.900 THB Option3 10.272.000 THB 78.900 THB Level 3 Price Per Sq.m. Option1 8.840.000 THB 67.900 THB Option2 9.751.000 THB 74.900 THB Option3 10.663.000 THB 81.900 THB
Option 1): The apartments come with fully fitted bathroom and ceramic tiles floors. Option 2): The apartments come with fully fitted bathroom, ceramic tiles floor, European kitchen, built in closet, bathroom complete and air condition. Option 3):The apartments come with fully fitted bathroom, ceramic tiles floors, European kitchen, built in closet, bathroom complete and air condition, all furniture, curtains, TV, HIFI….ect. |