Horizon Homes Luxury Property on Koh Samui

AS0020 - Bang Por¶

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Location

HH Ref:
Bang Po/Ban Tai

Exclusive apartments offering panoramic sea views

Town

Bang Por

Koh Samui Property Sales

Price

THB ฿ 19,630,000

This gated low-rise luxury apartment development is located in the Bang Por area, on the North of the island. It aims at creating an ultimate resort style living, which is due to open by May 2010, on a hillside location with access to a private beach.

Enjoying spectacular ocean views, this development consists of 67 apartments of spacious units, of which 11 are still for sale. All units command panoramic sea views and have access to either private or shared swimming pools.

A professional estate management team will be appointed onsite to provide the following services: 24-hour estate security system / building exterior maintenance / pest control, management and cleaning of common and swimming pools / landscaping, building accountancy / engineering services, management of common facilities, etc. The common area fee applies at THB 45 per square metre of the unit per month. The sinking funds are priced between THB 100,000 and THB 200,000 depending on unit types.

There are still 8 unit types available for sale, which selling price varies between 19,630,000 THB and 73,450,000 THB (150 – 565 square metres). There are 1,2,3 and 7-bed apartments for sale.

Facilities and services will include onsite restaurant & bar, hotel facilities such as squash courts, spa, fitness, sauna, etc. Every owner will also have access to a beach club with trend-setting bar & restaurant via a shuttle service.

The development will be operated as a resort with commitment of 5-star hotel standard services including restaurant and bar, housekeeping, laundry, room service, catering baby-sitting, limousine transfers, etc…

The development is offered with a leasehold structure in combination with a subscription to a certain number of shares in the Thai company which owns the land underneath the property and leases the land to the different owners of the property. This structure ensures investors the optimal control over the land-owning company. The land lease is of an initial term of 30 years with two additional terms of 30 years if contractually agreed. In this structure the lessees of the land are shareholders of the Thai landlord company.

Total Plot Price