The Title V Rawai Phuket, completion date is planned to be October 2021. During the pandemic the works were going on, sales offices didn't get closed. Tropical Landscaping.
UNDER MANAGEMENT OF BEST WESTERN PREMIER COLLECTION
2 buildings, 5-storey each, Totally: 124 units. Walking Distance to Rawai Beach (Approx. 200 Meters)
35 and 41 sq.m
All units have either pool access or pool view.
35 sq.m price starts from 4,370,575 thb
41 sq.m price starts from 5,211,800 thb
At the premises: reception, restaurant, fitness room, 4 swimming pools, hammams, kids' playground, parking, 24/7 CCTV
To generate income, we offer a 10-year rental program:
3 years - guaranteed income of 7% per annum, paid in advance, 15 days after transfer of ownership.
The owner of the apartment during all 10 years of management can stay in the hotel for 1 month a year without payment.
The remaining 7 years are the Rental Pool 60/40 program, where 60% is the owner's share. Further, the owners' meeting will decide on the extension of BW management.
Payment Conditions (THB: Thai Baht):
1. THB 100,000 as a booking payment.
2. 25% of the purchase price on signing date, after booking or on the specific date.
3. 25% of purchase price: 1st Installment payment on completion of wall and ceiling works.
4. 25% of purchase price: 2nd Installment payment on completion of window and door frameworks.
5. The remainders: 25% of purchase price after the deduction of booking paid before transfer of ownership date.
6. Registration fee for Transfer of Ownership/Registration of Lease shall be borne equally by Buyer/Lessee and Seller/Lessor.
7. Installation fee of utility meters for the unit and related deposit are under the buyer's responsibility.
8. Monthly common properties fee (yearly) of THB 75 per sq.m. for Investment Zone, total 3-year advance payment to be paid before Transfer of Ownership date.
9. Sinking fund of THB 600 per sq.m.(one-time payment) to be paid on the ownership transfer date.
10. Freehold fees of THB 300,000 for both One bedroom and Two bedrooms unit.