|
Phase 2 -
Price list and availability
|
Unit |
[?] |
Sq.m. |
Ownership |
Price |
|
C6 |
[?] |
72 |
FREEHOLD |
6,500,000 |
|
C7 |
[?] |
72 |
LEASEHOLD |
4,500,000 |
|
C10 |
[?] |
72 |
FREEHOLD |
6,500,000 |
|
C11 |
[?] |
81 |
FREEHOLD |
7,300,000 |
|
C13 |
[?] |
81 |
LEASEHOLD |
5,500,000 |
|
|
|
|
|
|
|
Car parking |
|
500,000 |
Phase 3 -
Price list and availability
|
Unit |
[?] |
Sq.m. |
Ownership |
Price |
|
H5 |
[?] |
40 |
LEASEHOLD |
2,600,000 |
|
H6 |
[?] |
40 |
LEASEHOLD |
2,600,000 |
|
H1 |
[?] |
83 |
FREEHOLD |
6,474,000 |
|
H2 |
[?] |
77 |
FREEHOLD |
6,006,000 |
|
H4 |
[?] |
77 |
FREEHOLD |
6,006,000 |
|
E2 |
[?] |
101 |
LEASEHOLD |
6,565,000 |
|
F1 |
[?] |
106 |
LEASEHOLD |
6,890,000 |
|
F2 |
[?] |
106 |
LEASEHOLD |
6,890,000 |
|
F3 |
[?] |
106 |
LEASEHOLD |
6,890,000 |
|
F4 |
[?] |
102 |
LEASEHOLD |
6,630,000 |
|
F5 |
[?] |
94 |
LEASEHOLD |
6,110,000 |
|
G1 |
[?] |
107 |
LEASEHOLD |
6,955,000 |
|
G2 |
[?] |
93 |
LEASEHOLD |
6,045,000 |
Payments Schedule
A) Reservation:
Make a deposit of the 2% of the total unit
cost which is completely recoverable by deduction from the
final payment.
B) Signing:
The Sales and Purchase Contract is to be signed within 30
days of the reservation. A 28% payment of
the unit price is required upon the signing
of the Contract.
C) Installments:
The balance will be divided into regular installments over
the construction period of the project accordingly with the
building progresses.
Founds transaction system to the
Developer
Money Transfer: There are three options to
transfer money.
1. Set up local bank account in Thailand in the name of
purchaser and forward funds into the account.
2. Transfer funds to Oceanic Global Living account and
Oceanic Global Living shall organize all appropriate
paperwork/certificate.
3. In the case the property is purchased via a Thai company,
transfers can be made directly to the company bank account.
The Developer can assist you on setting up a Thai registered
company for a minimum fee
Payment Procedure
Foreigners are required to remit at least USD 20,000.00 into
Thailand per transfer to receive a FOREX Transfer Form. This
form will be needed to transfer the unit under foreign
ownership and also remit money back out of Thailand if so
needed in the future.
Note: Conversion to Thai Baht has to be done in
Thailand and not before transfer is made into the country.
Furthermore, instruction on transfer must state for the
purchase of property.
Additional Expenses
A) Transfer fee - Calculated as 3% of the sales price 100%
paid by Purchaser upon transfer of title deed.
B) Sinking Fund - This payment is set to 20,000.00 THB
(one-time payment only) and is payable upon transfer of
title deep.
C) Advanced Juristic Fees – Pay quarterly
in advance of 60 THB per square meters per month.
Note: The juristic fee or management/maintenance
fee is used for general monthly maintenance of the building,
common areas, insurance, pool maintenance, etc.
Utilities
and Owners Fund
Each Owner will be responsible for the cost of any utilities
in respect to their own private property i.e. electricity,
water, telephone, etc. and will be invoiced monthly for the
same.
Property Management
Oceanic Global Management
Co., Ltd. a long term industry leader has been appointed as
property managers of Kata Ocean View Condominium. As
property managers the two main principle roles will be to
manage all day to day operations of the estate with regard
to the common area, ensuring first class property services
are delivered to each owner, and to further operate a rental
apartment on behalf of those owners who would like to
generate rental income from their apartment units.
Common Area Management
As property managers, Oceanic Global Management Co., Ltd.
will be responsible for managing all aspects of the common
area. A summary of which is provided below.
• Maintenance and irrigation of all common area gardening.
• Cleaning of all the common areas i.e. stairways, garages,
access road, roofs, pool.
• Management Office, Estate Manager, Technician and all
associated ancillary costs.
• Insurance of the common area which shall include the
structure of each apartment block.
• Electricity and water supply to the common area up to the
point of connection to a dwelling.
• Refuse collection
• Pest control of common area.
• Accounting including annual auditing.
• Empty/Clean septic tank
Oceanic Global Management Co., Ltd. will work with the
Owners to ensure that Kata Ocean View Condominium is managed
transparently and effectively, ensuring that the investments
made by each Owner is protected and enhanced.
Common Area Management Fee Formula
Each Owner shall pay quarterly in advance, a contribution of
60THB per apartment square meter towards the common area
expenses as listed above. P.s.: The common Area Management
fee will raise average 3% year.
Sinking Fund
Each Owner will pay an initial amount of THB 40,000 into a
common area sinking fund which will be used for any
unforeseen eventualities together with periodic repairs
outside the operating budget e.g. repainting of the external
walls of the apartment blocks, roof repairs, etc.
Utilities and Owners Fund
Each Owner will be responsible for the cost of any utilities
in respect to their own private property i.e. electricity,
water, telephone, etc. and will be invoiced monthly for the
same.
Foreign Ownership
of Property
According
to Thai law, foreigners may own 49 percent of the aggregate
sellable unit space while the remaining 51 percent must be
owned by either Thai nationals or majority owned (51
percent) Thai Companies.
Once the 49 percent foreign ownership quota has been
achieved, overseas buyers wishing to make a purchase can do
so via a Thai company structure
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