Beach Front Villas in Koh Chang

This property is available with the following number of bedrooms:

1 Bedrooms from � 275,000
2 Bedrooms from � 295,000
3 Bedrooms from � 325,000
4 Bedrooms from � 330,000

Brief Details

Distance to Airport: Close to Trat Airport
Distance to Beach: Front line
100% FNDING IS AVAILABLE (including the deposit)
Only 30% dposit, balance on completion
70% LV guaranteed non-status mortgage available
2 YEAR 10% RNTAL GUARANTEE (including 30 days personal usage)
Fully Furnished
All villa prices include:

Air Conditioning in all bedrooms
Central water heater
Built-in kitchen cupboards & drawers with black granite top
GE Refrigerators
Franke oven - electric ceramic hobs & hood

Koh Chang - a long-standing preferred holiday destination of Thai people - has been opened to international tourists. Thanks to the new Trat airport on the mainland, this hidden jewel is now within easy reach from Bangkok. The journey by air in only 45 minutes. Alternatively the island can be reached by a 3 hour drive from the new Bangkok International airport followed by a short ferry ride to the island.
The exceptionally beautiful detached villas are situated right on the beach or in the garden amongst striking coconut palms. One look at the photos of the beachside villas will make you realise you want to live in paradise.

External maintenance such as maid service centre, pool cleaner, massage staff are taken care of for you - even the gardens are tended to, and, with over 1.5 km of virtually private, tropical beaches, there will be plenty of time to relax and enjoy life in the sumptuous natural surroundings.

The development will have pools, restaurants, a spa, lush gardens, private pier, a salt water lagoon, sporting & water sports facilities, 24 hours security service, rental services, English speaking care on site and much more...

There is little or no nightlife here, although there are a few bars and restaurants where you can spend a quiet evening. There are also plenty of day time activities and opportunities for you to explore the beautiful natural surroundings of this exclusive island.

When you purchase your home at Nirvana Beach Resort, you are making a secure property investment for the future. You are free to sell your home anytime at market value.

According to projections produced by the Thai government, Koh Chang is expected to reach the standard of other dream destinations such as Phuket and Koh Samui.

The island forms a part of the Mu Koh Chang National Park and is mostly covered by tropical rain forest. A maximum 35% o the islands surface could be subject to development, ensuring that Koh Chang will preserve its original beauty in the future.

FINANCIAL INFORMATION

PAYMENT EXAMPLE - 100% FNANCE AVAILABLE
Based on a Purchase Price of �200,000

To reserve a specific property you will need to pay a �1,000 non-refundable Reservation Fee
Within 45 days of reserving your property you will need to pay a 30% Dposit (Less the �1,000 Reservation Fee) which is �59,000 (�60,000 - �1,000)
Should you choose to borrow the 30% dposit (by way of either a secured or un-secured loan), the developer will pay the loan repayments, including interest, for the 30% dposit until completion of the specific unit you have reserved. These payments will then be added to the purchase price upon completion.
Example: Property price �200,000. �1000 reservation fee paid. The deposit = �200,000 x 30% =�60,000 - �1000 (reservation fee) = �59,000. Interest on �59,000 @ 6% pa. = �295 per month, paid for 24 months by the developer = �7,080 added to the purchase price upon completion.
Due to the significantly discounted off-plan contract price and the capital appreciation during the construction phase, it is anticipated that the �200,000 purchase price will have grown to a property value at completion of about �325,000
At this point a 70% "oan to Value" guaranteed mortgage is available and you will therefore be able to borrow up to �227,500. This is clearly ample to pay for the �199,000 (purchase price less �1000 reservation fee) that you owe as well as to repay the payments that the developer has paid (�7,080 in the example above) towards your 30% dposit loan
Assuming you borrowed the maximum loan to value mortgage, available from the example above, you would borrow �227,500 on which the annual interest payment would be �18,200 based on a rate of 8%. he Rental Guarantee of 10% o your purchase price of �200,000 will generate you an income of �20,000 each year, should cover your mortgage payments. If you wish you could retain the �59,000 loan you took out for the deposit, pay the interest yourself each month, from completion onwards, and use the money to invest in a further investment property purchase
After 2 years the 10% Rntal Guarantee will end. At this time you will be able to take advantage of the 50% Rom Rate share which is estimated to be worth at least �40,000 per year cash flow
Stage payments are required during the completion phase which can be made as follows

The developers have an arrangement by which they will be making the payments on your behalf which is being supported by their bankers in the Caribbean.
The developers will be appointing an independant quantity surveyor who will be inspecting the works undertaken at each stage and on this report the bank will forward the developer the funds related to the work undertaken. The customer will be charged the interest only that relates to the amount of money that the bank releases. The interest rate will be the rate charged at the time by the bank.
This process gives you the peace of mind that the work is progressing well and that the bank is watching and looking after your investment.
Once the property is ready the 70% i due, which you can pay in full or within the six months prior to completion, can arrange a mortgage with the bank in the Caribbean.