0730 Resort Bungalows in the Middle of Bangkok 25% return on Investment

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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