Updated May 2010. Phase 2 construction work well underway.

This boutique development in the south of Koh Chang comprises 79 Condo units in low rise blocks plus 8 luxury beachfront villas.  It also includes a Spa, Fitness Centre, Beachfront restaurant, pool and private jetty.

Condominiums come in two formats: 60sqm – 1 bedroom & 120sqm – 2 bedroom in either Penthouse or Duplex layout.  The decor & furnishings  for all units will be in the styles shown.  All units are sold fully furnished with western appliances.

Condominium specifications:

1. Structure
Reinforced concrete foundations and framing.

2. Roof System
Steel trusses and rafters with clay tiles, fully insulated.

3. External Wall
Concrete blocks plastered and decorated with high performance acrylic paint.

4. Internal Walls
Brick or block walls plastered with cement and sand, finished with white gypsum with paint finish

5. Doors and Windows
Golden Oak UPVC doors and windows

6. Internal Ceilings
9mm thick gypsum board, moisture resistant in bathrooms and toilets, fixed to a galvanized steel frame, and painted.

7. Floors
Laminated or Tile flooring for bedroom, dining and living area. Terracotta tiles for balcony/terrace area.

8. Electrical Systems
Underground electricity line system with emergency power standby generator.

9. Air Conditioning System
Each unit will be provided with split type air conditioning units for all bedrooms and
living/dining areas

10. Landscape
Extensive landscaping with garden lighting

11. Clubhouse
Reception Area with restaurant, exercise room, infinity edge swimming pool and other watersport activities

12. Bedroom
Fully furnished with built-in closet and an LCD TV

13. Living/Dining Area
Sofa, coffee table, LCD TV and DVD. Dining table and chairs. Telephone and ADSL.

14. Bathroom
Fully equipped with granite sink top and concealed electric instant water heater. Glazed floor tiles.

15. Pantry
Fully equipped pantry with quality kitchen cabinets constructed from M.D.F. board veneer with wooden finish with Stone bench top. Internationally recognized brand for electrical appliances such as refrigerator, electric hobs, and microwave

16. Stairways
Wooden railings with anti-slip flooring tiles

17. Sanitary Systems
The water supply to the site will be derived from a deep well and water will be stored in central domestic water storage tank from where it will be treated and stored prior to pumping to each residence. Package wastewater treatment systems will be provided to each building to treat all wastewater prior to discharge to the site storm water drainage system. All wastewater discharged from the site will meet Authority Standards.

Prices:

60 Square metres, 1 bedroom condominium.

Center Units: 6.8 – 7.1 Million Baht

Corner Units: 7.3 – 7.6 Million Baht

120 Square metres, 2 bedroom condominium.  Two floor, duplex condo.

Centre Units  – 9.87 Million baht

Corner Units – 10.39 Million baht

NEW for Phase 2

120sqm 2 bedroom Penthouse.  Two ensuite bedrooms, one with walk in closet plus large open kitchen dining area that opens onto the double balcony.

Penthouse: 15.225 Million Baht

Please contact me for latest availability

Photos

For more details, please contact me.

Koh Chang’s most exclusive luxury villa development comprising of only four 2,3 or 4 bedroom luxury, lounge rooftop terrace pool villas , situated on the east coast  with stunning sea, mountain  and main land views.

Set in 800 sqm of lush tropical gardens each villa offers a unique fusion of modern clean design mixed with a twist of Asian Thai  influence.   Villas are available in 2,3 or 4 bedroom designs, each  with  en-suite bathrooms. In addition to the 198sqm of
internal living area,  each villa boasts a luxury lounge sala and BBQ area on the rooftop terrace plus  private pool and Jacuzzi which are set amidst the landscaped garden area.

The 3 bedroom showhome consists of:

SLEEP . . . 3 luxuriously appointed bedrooms to relax,  unwind and dream…

MASTER SUITE:  6m x 5m
Twin style master bathroom 6m x 3m
Outside shower area 3m x 2m
Private terrace balcony area 4m x 2m
SECOND SUITE:  6mx 4m
En-suite rain shower  2m x 2.5m
Private Oasis Garden 4m x 2m
BEDROOM 1:  4m x 4.5m
En-suite rain shower  2m x 2.5m

CREATE, DINE AND PLAY. . .  An open plan, fresh, clean light space with ocean, mountain and pool views

Working  6m x 4m
Dining island  2m x 1.5m
Entertainment zone  8m x 6m

OUTDOOR LIVING . . . The perfect place to entertain, out side patios, roof terrace lounge, living and dining area:

BBQ Dining Sala  6m x 6m
Pool  10m x 4m
Jacuzzi  2m x 2m
Outside Bar Sala  3m x 2m

The first property on this development is complete and available to view now.

Price: From 10,000,000 Baht for 2 bedroom home

Photos:

This new 13 apartment development is situated on a private beach and is under construction now.  Hands on project management is provided by the German developer who has over 25 years  construction experience, ten of  those in Thailand.  This ensures buyers receive not only value for money but a guarantee of European build quality.

Developer finance also means that you can take possession of a one bedroom apartment for an initial payment of well under 1 million baht.

This is a small exclusive complex has three and a half floors and only 13 residential units.  It is being constructed just 35 meters away from a private beach on the peaceful east coast of Koh Chang, which is proving to be a popular location for buyers in search of a holiday home on the island.

The apartments are all sold fully fitted and finished and all feature large  terrace or balcony areas for outdoor living. They are built on three and a half floors, with the top floor reserved for two Penthouse Units. Apartments range in size from a 50sqm, one bedroom unit to a 345sqm three bedroom family unit.

On-site facilities will include landscaped gardens, parking, laundry area, storage facilities, a restaurant and communal swimming pool.

The selling price includes interior design with buyers having the freedom to customise their apartments to suit their specific tastes.  As there are only 13 units, the developer will work with buyers indidually tofit out their unit in the style and colours of their choosing.

Land, Floorplans & Site Photos:

Apartment Sizes & Prices:

Management Fees:

Monthly management fees covering Property Management of the public areas eg – Gardening, Maintenance, Communal Electricity, Garbage Collection are approximately 22 Baht/sqm/month for each apartment.

Financing:

This is the only development on Koh Chang with a variety of financing packages on offer for all apartments.  The developer realises that whilst many people still have the same jobs and earn the same salaries as they did prior to the economic crisis, banks are very reluctant to lend money  – especially on property purchases overseas. 

The developer provides financing for purchases through their own finance company at interest rates tied to those in Europe, currently approx 5.45%.

The developer is happy to discuss your individual requirements when it comes to financing a purchase.  But a couple of scenarios of how developer financing can work are shown below:

Purchase with Financing

You’d like to buy an apartment but can only raise 50% of the purchase price, and your bank wont loan you the remainder.

In this case you’d pay 50% of the purchase price initially with the remaining 50% financed by the developer and due for repayment in 10 years time.  During this intervening period you only pay interest on the loan from the developer.  (At current rates interest is just under 5.5%/year. )  At the end of 10 years you must pay the remaining 50% – or refinance the loan with the developer again, if your financial situation doesn’t allow for repayment of the loan.

E.g. You decide to buy Apartment 1, a 74sqm, 1 bedroom unit.  The selling price is 3,315,000 Baht.  This would mean an initial payment of 50% -  1,657,500 Baht -  and monthly ‘interest only’ payments of just under 7,500 Baht/month. You  then have a decade in which to raise the funds to repay the remaining 50% of the purchase price to the developer.  Or, as property prices rise, you could resell your apartment, repay the outstanding amount to the developer and keep the remainder as profit.

Lease with the Option to Buy

Again, using Apartment 1 as an example.  The ‘Lease with the Option to Buy’ plan allows buyers to pay 30% of the sales price plus a monthly leasing fee in order to lease the apartment for up to 90 years and at, any time, purchase it for the original price.

The monthly lease payments and the purchase price are fixed at the start of the contract.   The monthly payments comprise the Service Fee and a Purchase Price Guarantee fee.  At any time during the 90 year lease you can then buy the apartment by repaying the remaining 80% of the purchase price, less the total amount paid in Purchase Price Guarantee fees, to the developer.  This can be in 5 years, in 10 years, in 30 years etc  . . . it is up to you and when you pay depends entirely on your financial situation.

E.g. You decide to buy Apartment 1, a 74sm 1 bedroom unit with a slaes price of 3,315,000 Baht.  Your initial down payment is 30% -  994,500 Baht.  The monthly payments are the Service Fee of 5,801.25 Baht + the Purchase Price Guarantee of  2,320.50 Baht.  A total of 8,121.75 per month.

You use your apartment, maybe you even rent it out to earn income from it, and at some point, say 10 years in the future, in 2020,  the economic situation has improved and you are now in  a position to buy your beachfront apartment.

You would need to repay a total of 70% of the purchase price, i.e. 2,320,500 Baht.  However you have already paid 120 monthly payments of the Purchase Price Guarantee.  A total of 120 x 2,320.50 Baht = 278,460 Baht.

Therefore you repay the developer (2,320,500 – 278,460 Baht) = 2,042,040 Baht and the apartment is yours for the remainder of the 90 year lease period with no more monthly payments to make.

For more details including floor plans and financing for specific unit , please contact me

Save over 20% on developer’s listed price.

The owner of one of the best located second row plots at the luxury Siam Royal View development needs to sell as quickly as possible  and so is willing to accept  offers of around 75 – 80% of the developers listed price for the plot which is the last available plot on the second row on Half Moon beach.

The land is an end plot which is bordered by access roads on three sides, giving it a much more open aspect than the majority of  plots which have homes on both sides.  The beach is less than 40 metres away.  Land size is 25m x 9m, suitable for building a style of house known as a ‘Bungalow Peht’ which can be seen in photos of neighbouring homes below.  These can be built having from 1 to 4 bedrooms depending on the buyers requirements.

As the photos below show, there are already several homes completed and more currently under construction  in this area.  Communal facilities such as a 40 metre long beachfront pool and restaurant have been completed by the developer and are available for use by residents, these are located approx 100 metres walk from this plot.

The land is held Freehold in the name of a Thai registered company, set up by the current owner  and  which is  included in the sale.

Price: 3,000,000 Baht ( Negotiable)  This plot is  listed for sale  at 3,650,000 Baht on the developer’s current price list, shown below.

Photos:

Beachfront plots with 2 Bedroom Home on Koh Chang.

The Beach

The developer of a small upmarket housing project  now has additional plots available in Phase 2. Three 600sqm beachfront plots will all be home to a two bedroom villa.   The land has now been filled and construction of the homes will begin soon.  There is no need to buy off plan as the developer will start construction before buyers are found.

Sweet Construction is an American property firm based in California.  However, several years ago the Director Bruce Sweet saw the potential of Koh Chang and acquired a secluded plot of land on the east coast of the island which was earmarked for development. This 7 Rai (11,200sqm) plot will be the site for development of 12 homes, designed in a modern tropical style combining the amenities of open-plan living with tropical aesthetics.

The first homes here have already been completed and buyers can see a completed homes in Phase 1.

Price: 13,000,000 Baht for  a completed 2 bedroom villa. These prices include landscaping, access road, electric and water infrastructure, kitchen cabinets, appliances, closets, floor material and all finishes.

Facilities at the completed development include a swimming pool and slipway for launching small speedboats.

More details on request.

Photos