Nestled in one of
Phuket most prestigious residential areas against a
dramatic mountainous backdrop are nine uniquely
exclusive yet affordable single storey villa style
homes, each with their own private pool in a gated
community.
These
contemporary Balinese style villas are an ideal
investment as a holiday home in the tropics or a
permanent residence that offers both the peace and
tranquility of a secluded location, while also being a
short distance from a pristine coastline with all the
modern amenities nearby.
Master Plan
Just nine 2 and 3 bedroom villas in a
tranquil gated community comprise the development. The villas rest on similarly sized plots from 550
to 667 square meters.
These contemporary stylish homes are
built to high international standards using the best
possible construction materials and are especially
designed for a comfortable and convenient lifestyle in
tropics.
Management of Common Area
All buyers are required to sign the
Maintenance Management Agreement with the Manager for
whom will be properly appointed by the Seller to
ensure that all common property will be well kept and
maintained in good condition at all times. Under the
said agreement, each buyer will be required to pay for
maintenance fees (paid one year in advance) plus
sinking fund for special maintenance and/or repair of
the common property. The said common property and
common fund will subsequently be passed on and
transferred to the new legal entity which to be run
and operated by all owners.
Rental Operation
Villa rental management is also
offered to home owners who wish to recuperate on their
investment by renting out their home while they are
away. The revenue generated will be split 75/25
between the home owners and management company
respectively. The villa owner will be responsible for
all expenses related to the operation of the villa
itself and
The management company will be
responsible for sales, marketing and manpower to
ensure smooth operation.
Legal Structure
The developer offers both on a free
hold and leasehold basis. Foreign buyers usually opt to buy their home outright
while leasing the land. The land can be leased for a total of 90 years with
three renewable 30 years land leases.
