Palm Cove,Beach Resort & Spa
Khanom, South of Samui
Extraordinary Investment Opportunity
Minimum rental income of 8 % per year including 3 weeks personal usage for 15 years.

An exciting selection of superb apartments and beachfront suites on a secluded beach!

properties for sale in Khanom

30% sold since commercialization started in March 2008. Construction starts September 2008.
30% developer-provided financing over 6 years

Benefits
  • Stable, high income projected
  • High growth potential area
  • An affordable beachfront investment with projected high returns
  • All units enjoy ocean views
  • Boutique resort services
  • Beautiful design concept
Pristine Beachfront in Private Setting
Property and pricing
  • 51 large Suites
    63 to 70 sqm living space including terrace
  • Prices including furniture and decoration starting at:
Central Suite - 63 sqm 4,680,000 THB 90,000 EUR 146,250 USD
Corner - 70 sqm (with Jacuzzi) 5,200,000 THB 100,000 EUR 162,500 USD
Beachfront Suite - 65 sqm (with Jacuzzi) 6,760,000 THB 130,000 EUR 211,250 USD
Indicative Exchange Rate: 1 EUR = 52 THB / 1 USD = 32 THB – Prices are quoted in Euros

Further details about the property
  • Direct beachfront property
  • Units fitted with high-end furnishings. Contemporary interior designs
  • Luxurious resort facilities including infinity swimming pool, massage and spa, fitness center and gourment restaurant
  • Disabled access to most facilities and ground floor units
  • Expected completion of the project: End 2009
Financial incentives
  • Minimum rental income of 8% net per year guaranteed for 15 years - Indexed every three years
  • 3 weeks personal usage for 15 years
  • 30% developer financing available over 6 years
  • Projected capital appreciation: at least 9% per year over time
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Location & Surroundings
  • Khanom, Thailand, overlooking the Gulf of Thailand and Koh Samui.
  • Unique beachfront location
  • Lush natural environment
  • Easy access from Bangkok by plane
  • 55km south of Surat Thani
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Payment terms - Additional Purchase cost - Ongoing costs - Legal matters

  • Payment terms:
    Reservation Fee: 100,000 THB (2,000 EUR - 3,000 USD). 3 week deadline to return all legal documents property 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 value of lease. (Both the seller and the buyer equally share this cost)


  • Ongoing costs:
    Monthly Maintenance Fee: Included in the annual return. Letting Fee: Included in the annual return.


  • Legal matters:
    Condominiums: Ownership is based on a 60-year Construction Lease registered with the Royai Thai Government Land Department. At the close of the management agreement (15 years) each owner will be entitled to extend or definitively end the lease, and enjoy full residence of his apartment.


  • 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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