| Date | Header | Price | |
|---|---|---|---|
| -- Hotel/Guesthouse -- Bangkok and Vicinities -- Bangkok -- Sukhumvit -- | |||
| 11:03 Oct 07 | 0730 Resort Bungalows in the Middle of |
1 200 000 | |
 |
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Resort Bungalows in the Middle of Bangkok 25% return on Investment Listing No. 66-0730 • Business: Resort Bungalows Investment • Location: On Nut, Bangkok • Building: 4 x 40m2 quadruple , 4 x 30m2 triple and 12 x 18m2 double Stand-Alone Bungalows (maximum capacity 52 people) • Size: land size is approximately 20,000 sq ft (1,858m2) • Features: 4 quadruple, 4 triple and 12 double bungalows are being constructed on this prime location only 200m from Tesco Lotus On Nut and BTS On Nut. Construction began 1 August 2015 and is due to complete 1 January 2016. Grounds will be landscaped and a swimming pool built. Each bungalow is being offered for leasehold investment with a 25% per annum return on investment (lease and lease back). The purchase/lease of a bungalow investment also entitles the investor to one months’ stay in the bungalow per year free of charge. Bungalows will be appointed similarly to other resorts with TV, air- conditioning, Side tables and lamps, tea and coffee making facilities, mini safe, etc. • Options: Investors may invest in one or more bungalows • Tenure: The resort has been secured for 10 years. Investments are being offered for an 8 year period, with pay-back of investment in 4 years • Investor Return: The investment has been designed to produce the investor a 25% return on investment per year. Investors will be paid 75,000 baht per quarter (300,000 baht a year) for a double bungalow investment, 105,000 baht per quarter (420,000 baht a year) for a triple bungalow investment, or 125,000 baht per quarter (500,000 baht a year) for a quadruple bungalow investment • Operational: Due for completion 1 January 2016, but may be purchased prior to completion • Asking Price: Quadruple Bungalows: 2 million baht. Triple Bungalows: 1.68 million baht. Double Bungalows: 1.2 million baht • Security Deposit: N/A • Key Money: N/A • Sale Terms: 10% deposit (to secure the investment and remove it for sale) and the balance within 30 days. Ownership does not transfer until payment has been received in full • More Information: Further details will only be provided after inspection • Inspections: 24 hours’ notice is required to inspect. Inspection times are between 1000 and 1700 Monday to Friday and between 1000 and 1300 Saturday. • Agents: No Agent inquiries please | |||
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