condo, Fully Managed, Positive Cashflow, Guaranteed Rental, Coastal, Development, Resort, beach, Spa, Rural, swimming pool, tennis court, Clubhouse, Sea View, Views
The best all round investment opportunity of 2010 - Koh Samui Country Club, ThailandLuxury ocean view condos from $139k usd50% non status mortgages over 20 yearsRent guarantee of 7.888% for 3 years which covers the mortgage payments for first 3 years!!!!Sold on 300 year leaseNo capital gains taxRefundable deposit of just $1000 usdBy the developers of Koh Samui's premier beach destinationAlready 50% completeResort grand opening June 1st 2011 *****HURRY AS SELLING FAST*****
ONLY 38 UNITS FOR SALE
Although this is easily one of the most lavish developments to arrive on the idyllic island of Koh Samui, as an investment opportunity alone, it presents a compelling case for sensible investors combining hard to beat value for money with excellent finance terms. The addition of a 3 year rent guarantee which completely covers the mortgage means that these beautifully designed, fully managed apartments and villas are cashflow neutral from years 1 to 3, and cashflow positive thereafter.
Buying into Samui's first truly professionally developed and managed country club at under market value rates, and with zero cost of holding is an opportunity worth serious consideration.
Koh Samui Country Club is comprised of two architecturally designed resort buildings which house the available luxury properties which are referred to as "Coconut" and "Palm", and also a range of designer amenities such as the Clubhouse, fine dining restaurant, fitness studio, tennis courts, infinity pool and spa - which are collectively referred to as the "common areas".
Construction Status:
Of the two resort buildings, Coconut is already completed and will be open and operational on January 1st 2011 and construction on Palm has begun and this will be complete and operational on June 1st 2011. Construction of the common areas has just begun (the Clubhouse, swimming pool etc.) and will be also completed and operational by June 1st 2011 for the grand opening.
Owners Usage:
During the 3 year rental guarantee period all owners will receive a complimentary 15 days free usage of the resort which will include continental breakfast each morning and discounts off F&B and spa services too, without losing any of the 7.888% net yield. IF owners who buy property in Coconut wish to start using their 15 days of usage prior to completion of the common areas and official grand opening on June 1st 2011, they make stay at the developer's sister resort, and take some or all of their 15 days there.