Free Hold Ownership
Free Hold of Condominium is a full ownership for lifetime and the apartment will be registered under the buyer’s name. The registration fee at the land department for free hold ownership is 6,7% of the purchase registered price.
Lease Hold Ownership
Lease Hold is a long term lease ownership of 30 years, renewable twice. No additional cost is required except the registration fee at the land department, which is 1,5% of the registered purchase price.
Condition and Term of Payment
1. 1 % on reservation agreement
2. 24% on signing SPA
3. 25% roof step
4. 25% under finishing
5. 20% on completion date
6. 5% on transfer ownership
Sinking Fund is required from all buyers: 500 THB/sqm.
BENEFITS & FACILITIES
Free access to Fitness Room and Common Pool
Free Shuttle Service to the Beach
Transfer Service available (Airport, Pier, Phuket Town…)