New villas on Koh Phangan

Description

A beautiful project for those who appreciate living surrounded by wildlife, mountains and tranquility, this private residence with 14 Balinese-style villas is located in the central part of the island, only 8 minutes from any beach and less than 6 minutes from stores. The villas feature a living room with access to a covered terrace, ideal for dining in the shade. Large, panoramic windows let in plenty of natural light while offering unobstructed views of the pool and lush garden. Enjoy moments of relaxation and sociability in this harmonious space where comfort and elegance go hand in hand. The purchase price must be supplemented by the purchase of furniture and garden furnishings, a cost of approximately €10,500 for a one-bedroom villa and €15,000 for a two-bedroom villa. Method of acquisition: building full ownership (freehold), land lease for 30 years (leashold) Payment schedule for a 2-bedroom villa, amounts quoted in Euros.

Reservation 11,000 Development contract 24,000 Foundations 21,000 Villa floor 21.000 Roof 18.300 Installations and pool 14.500 Finishing works 13.200 Handover of keys 7.000 Fixed annual fees: common parts 630 Euros, pool cleaning 780 Euros, garden cleaning 480 Euros, insect spraying 310 Euros, villa insurance 230 Euros (costs indicated are part of the total costs listed in the ROI calculation).ROI 8.5% Calculation for a 2-bedroom villa, purchase price 130,000 Euros. occupancy 55% Rental income (medium high, medium and low season) 19,000 Euros Costs (annual fee for leashold land 2,000 Euros, other costs totaling 6,000 Euros) 8,000 Euros.