VIEW TALAY VILLAS, 3 BEDROOMS:FOR SALE

Recently Renovated.

Best location in the estate, 24 hrs security in gated complex with communal pool and  restaurant/bar. 250 Meters from the beach at Jomtien, Quality built home of 3 bedrooms, 4 bathrooms, huge lounge/dining room with large built in bar and pool table, fully furnished with quality fittings, European kitchen with built in appliances, private office, double car garage with remote doors, large private pool with jacuzzi, tropical garden. Ideal home for entertaining. 

View Talay VillasResort is a unique resort featuring one, two, three and four bedroom villas - all with their own individual swimming pool which are set amongst 12 acres of lush but manicured tropical gardens with wide streets lined by majestic palm trees. Combine this with a huge communal pool and modern clubhouse and restaurant to create an oasis for the ultimate holiday. Wifi is available throughout the resort.

View Talay Villas is an exciting development located at Jomtien Beach and only 250 meters from the one of the most popular beaches in Thailand. This exclusive development has over 40 % of the total area given to wide roads, clubhouse, community pool and common gardens, rarely will you see such a development and even rarer in such a location.

Combined with the intimacy of your own villa, each with a private swimming pool, the resort boasts all the facilities of a five star hotel. These include a coffee shop, pool side bistro, 24 hour room service, laundry, three luxurious Mercedes Benz mini buses for airport transfer or tours, plus a motorized golf buggy for those who prefer not to walk 250 meters to the beach and restaurants.

No expense has been spared on furnishings and fittings with attention to detail second to none. So, if its quality you're looking for and at the right price, then go no further than View Talay Villas.

Sale Price: 18,500,000.-THB

Rental Price: 125,000.-THB/Month

Ownership: Company Name

Annual Expenses:

-Body Corporate Fees: 60,200
-Company Accounting/Tax etc: 60,000
-Maintenance  on contents and property: 50,000
-Pool & Garden Maintenance: 30,000
-Insurance: 18,000
-Sophon Cable TV: 5,000
-Agency Fees: 125,000
-Total Annual Expenses: 348,200
-Total Annual Rental: 1,500,000
-Net Annual Income: 1,151,800 (95,983 monthly)

Yield:

-Property Retail Value: 18,500,000
-Annual Net Income: 1,151,800
-Yield: 6.2% P/A  

House is sold fully furnished and with all fittings and appliances.
Agreed Selling Price of 18,500,000. Once Deposit of 9,250,000 is paid and contract of sale etc are completed purchaser can have possesion of the property.

Vendor Finance:

-Agreed deposit: 9,250,000
-Balance to be financed: 9,250,000
-Loan Term: 1 to 3 years
-Interest: 8% P/A
-Repayments: 61,666 / month Interest only

Borrower can pay out loan at any time prior to the 3 year loan term. Borrower can pay a lump sum off the priciple at any time and interest will be calculated on the new balance. There will be no penalty fee is loan paid out early. If loan is paid our early, interest is caculated on a daily basis at 8% P/A. Lender will have a first ranking mortgage over the title deed. When the loan is paid out in full the shares of the company which ownes the property will be transferred to purchaser. Purchaser must insure the house and contents during the term of the loan and provide the lender with a copy of the insurance policy. The purchaser will connect telephone, internet, cable TB etc to suit him at his expense. Purchaser to pay for all the utilitiy bills and maintenance of the property.

*all prices are in Thai Bath