Financial Details – Maenam Hills, Koh Samui, Thailand
Pricing
We have just one delightful villa left for sale and this is priced at:
6.5m THB (circa $209k USD / £129k GBP)
Payment Schedule
£500 reservation fee (fully refundable in any event)
50% on signing after a generous 30 - 45 day due diligence period
50% developer finance repayments begin 6 weeks after handover *
* developer finance is paid over 3 years with 0% interest - this finance arrangement is non status
Rental
There is a minimum 6% rental guarantee in place for 12 months and this is payable quarterly within 6 weeks of handover.
Furniture Pack
The furniture pack costs 650,000 THB which is payable on completion.
Maintenance
There is a monthly fee of 4000 THB per calendar month. This is approximately £80.00 and covers the overall maintenance of the estate including administration, pool maintenance, technical checks, water and electricity supply maintenance, gardening and common facilities upkeep.
Tenure
The tenure of these villas is leasehold - 90 years (3 x 30 years) and the leases are renewable.
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