Fairway Golf Estates
“Country Club, Condos & Villas” Hua Hin, The Royal City
Swing into your dreams …
Apartments and villas for golf fanatics!
A solid investment opportunity with 50% developer financing available
Show villas are available for viewing! Free furniture package and 5 years interest-free repayment plan for condos are now being offered.
Ask about our “Fly-Buy” incentive* for villas
Benefits
A golfer’s paradise
Overlooking Black Mountain, the newest and the best of all 7 golf courses in the area
Outstanding investment opportunity with 50% financing available
Attractive rental return and solid capital gains expected
Gorgeous, picturesque views of surrounding mountains and valleys
Private estate experience set among lush and spacious grounds
50% financing plus rental program!
Property and pricing
123 apartments: Studio to 2 bedrooms and Penthouses 40 to 297 sqm total living space including balcony
14 villas: 2 to 3 bedrooms
133 to 158 sqm internal living space
60 sqm external living space
572 to 874 sqm plots
Prices starting at:
Studio – 40 sqm
1,500,000 THB
28,850 EUR
46,900 USD
1 bedroom Apartment – 74 sqm
2,900,000 THB
55,770 EUR
90,700 USD
2 bedroom Apartment – 148 sqm
5,800,000 THB
111,540 EUR
181,250 USD
3 bedroom Penthouse – 297 sqm
12,600,000 THB
242,310 EUR
393,750 USD
2 bedroom Villa – 193 sqm
6,720,800 THB
129,250 EUR
210,000 USD
3 bedroom Villa – 218 sqm
8,600,000 THB
165,385 EUR
268,750 USD
Indicative Exchange Rate: 1 EUR = 52 THB / 1 USD = 32 THB Prices are quoted in Thai Bath
Further details about the property
Valley setting overlooking Black Mountain golf course with beautiful mountain views all around
Contemporary interior designs and “Smart Home” technology for maximum comfort, convenience and security
Resort facilities will include tennis courts, restaurant, bar & internet café, freeform swimming pool, fitness center and clubhouse
Construction started for villas
Construction is due to start in Q3 2008 for condos
Payment terms: Reservation Fee:
3% Reservation Fee based on the purchase price. 4 week deadline to return all properly executed legal documents along with full down payment. Further stages of payment will be reached as construction progresses.
Additional costs: Transfer & Registration Fee:
0.01% based on the purchase price for freehold units. 1.10% based on value of lease for long-term lease units. (Both the seller and the buyer equally share this cost)
Sinking Fund Fee: Included in the maintenance.
Ongoing costs: Monthly Maintenance Fee:
45 THB per sqm approximately. To be paid one year in advance.
Legal matters:
The Development provides freehold 100% foreign ownership and leasehold for condominiums. Pursuant to Thai property law, foreigners may have a freehold ownership over a unit in a condominium. However, condominium units owned by a foreigner shall not exceed 49% of the total space of the condominium project. Other restrictions may apply. A non-Thai owner of a freehold condominium unit may transfer the property to other foreigners. The remaining 51% will be sold to foreigners with a registered 30-year leasehold title, which is allowed by Thai Law in the name of foreigners, renewable for two additional 30-year periods. Thai nationals or majority owned (51%). Thai Companies are allowed to possess freehold ownership on all units.
Disclaimer:
The information and figures presented above are believed to be accurate but cannot be guaranteed. They are intended for the purpose of projection and analysis and should not be used for the preparation of income tax returns.
Property type: Villa
Payment terms: Reservation Fee:
100,000 THB (2,000 EUR – 3,000 USD). 3 week deadline to return all legal documents properly signed and make the first down payment. Further stages of payment will be reached as construction progresses.
Additional costs: Transfer & Registration Fee:
1.10% based on the land price. (Both the seller and the buyer equally share this cost) One Time Sinking Fund Fee: Included in the purchase price.
Ongoing costs: Monthly Maintenance Fee:
6,000 THB per unit approximately.
Legal matters:
As per the property ownership, the buyer will get a 30-years term lease on the land which can be renewed twice (up to 90 years) as foreigners are not allowed to own land directly under their name. However, he or she will get full ownership of the house, which is built on the land. The land lease is registered with The Thai Official Land Department under the buyer’s name. A freehold option is available for Thai nationals and Thai companies.
Disclaimer:
The information and figures presented above are believed to be accurate but cannot be guaranteed. They are intended for the purpose of projection and analysis and should not be used for the preparation of income tax returns.
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