phase 1 consists of 6 villas which are conveniently located only a short distance
from Bophut Fishermans Village. Each villa consists of 3 double bedrooms, 3 bathrooms, a large open plan living/Kitchen opening up to an undercover dining terrace and private pool, every villa is finished to the highest of standards using only high-quality materials and built by one of Samuis longest standing construction companies, known for their outstanding build quality from foundations to finishing.
PAYMENT SCHEDULE, TYPE B, 8,990,000 million Thai Baht
- Reservation fee 150,000 Thai baht.
- Due diligence.
- Land, sales, purchase agreement signed, building contract signed at the same time as the LSPA.
- 1,800,000 - 150,000 (Reservation)= 1,650,000 Thai Baht held by the clients lawyer and released upon transfer of the land into the clients company. The land is then owned solely by the client. 50/50 on the land tax.
- Building permit applied for in the clients name.
- Remaining balance in the building contract: 7,190,000 Thai Baht.
- 1,324,000 Deposit/mobilisation, paid within 14 days after contract signing. Approx. 2 months to payment 8.
- 1,324,000 Paid upon pool structure and ground floor slab. Approx. 2 months to payment 9.
- 1,324,000 Paid upon roof completion. Approx. 2 months to payment 10.
- 1,324,000 Paid upon block walls and first fix MEP. Approx. 3 months to payment 11.
- 1,324,000 Paid upon render complete, tiling, and aluminium doors and windows on site. Approx. 3 months to completion.
- 420,000 Practical completion, paid upon 20 defects or less.
- 150,000 90 days retention from practical completion.
All figures include VAT @ 7%.
The property has a 1-year architectural warranty and 10-year structural warranty, this starts at practical completion.
All mechanical items carry the manufacturers warranty.