2 Bed Apartment for sale in Thailand

Lanna is a contemporary design driven resort being developed on Koh Samui, by Kalara Group - the island?s leading and highly regarded developers. Kalara Group have been developing on Koh Samui for over eight years and have six successfully and beautifully completed projects under their belt and a flawless track record for delivering exceptional quality real estate on time., Project at a Glance, Lanna offers fully managed contemporary properties within a design driven resort setting in the heart of Bang Rak - a beautiful beachside village in Koh Samui., The highly experienced developer Kalara Group has beaten everyone off the blocks by perfectly meeting the gap in the market for luxury accommodation that is affordable., Just £37,000 gbp / $59k usd for a luxury boutique studio. It is impossible to find anything on the super luxe island of Samui for anything close to this these days. This is extremely low pricing!!, Clients of C.B.R exclusively will be offered non-status mortgages for their Lanna properties of up to a 10 year term., Fully managed and maintained by Kalara the rental returns are conservatively projected to be at 18.25% (at just 50% occupancy!!!) and will increase year on year., Located on the north east of Koh Samui and just a short walk to the white sandy beach and fabulous restaurants and bars of Baan Raak., Lanna represents the absolute best in low cost, high value, safe investing.

Lanna comprises of a series of cool and luxurious studios, one bedroom and two bedroom apartments in a tropical and contemporary setting and a range of high end facilities including fully serviced reception and concierge, lush landscaped gardens, 32 metre swimming pool, jacuzzi, state of the art gym, 24 hour on site staff, maid service world class restaurant with delivery, pool side BBQ area, tennis courts, pool table and business centre facilities.

Lanna will consist of just 39 studios, 18 x 1 beds, 3 x 2 bedroom top floor units and 6 x 2 bedroom penthouses. Each will be beautifully designed with luxurious furniture packages available. Kalara Group will manage and maintain all properties within Lanna and seamlessly handle the rentals for owners in-house.

Thailand is has long been one of the top choices for paradise seeking travellers from all parts of the world with Koh Samui being the leading destination island by a long way.... Samui is a super luxe, super cool island - its glistening turquoise waters and sun bleached, white sandy bays attract visitors year after year with no end in sight. Stunning scenery, hazy days and warm tropical nights combined with a unique night life with a huge variety of world class restaurants and bars make this small but magnetic island a thriving tropical inspiration. It?s no wonder that so many foreigners want to own property on Koh Samui. And for sensible investment reasons too ? the year round sunny weather and unrelenting popularity make for higher than average rental returns and viable opportunities for exit.

Lanna is perfectly positioned to capitalise on the island's high occupancy being just 10 mins from the airport and very close to the postcard perfect white sandy beach of Baan Raak, and just a short walk to some of the islands best fine dining restaurants such as Oceans 12, beach clubs and music bars such as Secret Garden, and cafe bars such as the famously chic BBC cafe. Baan Raak is also where the giant golden statue known as the Big Buddha is located which is a major tourist attraction. It's a sophisticated and bustling beachside resort.

Pricing:

Studios approx 31m2 @ 1,995,000 THB-circa £40 k / $62 k usd

1 beds: of 45m2 @ 2,995,000 THB - circa £60 k / $93 k usd.

2 beds: top floor of 70m2 @ 4,995,000 THB-circa £101 k/$156 k usd.

2 beds: penthouse of 110m2 @ 6,995,000 THB - circa £141 k / $218 k usd.

Payment Schedule:

$1000 reservation fee - fully refundable
25% on signing after 30 days due diligence
25% completion
50% mortgages over 5 years at 7% or 10 years at 10%

Furniture Pack:

Luxury furniture packs are available - please contact us for details.

Rental Return:

Rental returns are conservatively forecast at 18.25% net based on just 40% occupancy (the developer forecasts 60% occupancy)

Management Fee:

Rentals at your property can be fully managed in-house for you ? the fee is just 20% of gross rental income
Tenure

The tenure of these properties is leasehold (90 years) with a share of freehold and there are no encumbrances for foreign buyers.

Completion:

Lanna will be completed in February/March 2012