Property Detail [FO2232]

Fractional Ownership 3 bed luxury apartments, Layan

Buy a month's fractional ownership for thirty years in a superb three bedroom luxurious apartment with 212 sq. metres of built-in living space (five times the size of a standard 4/5 star hotel room) for much less than the cost today of staying in that hotel room for the same period of time!





You are buying a home and many extras which would cost you up to 30 million Baht (USD$950,000) for as little as 2,850,000 Baht (USD$90,000) for each month of ownership. If you buy a second or third month the overall monthly cost gets even cheaper. Enjoy a wonderful luxurious home in paradise for a fraction of the full ownership price.

There are two different sizes of 3 bedroom apartments. The very spacious 156 sq. metre built- in 'standard' apartment or the enormous 212 sq. metre built-in 'enlarged' apartment.

You get usage of your apartment with 50% of your time allocation each year in the “high season” of December until the end of May and the remaining 50% between June and November so you can plan your vacation to fit exactly with your holiday requirements.

Your apartment and Toyota Vios car provided for your personal use can be used by yourself and your family, your friends, your staff (great for incentives) or even to pamper and thank your best customers with a holiday they will never forget!

ABOUT FRACTIONAL OWNERSHIP Fractional Ownership is a legal entity through which any number of investors becomes co-owners (shareholders) of a property. The property is held by a private company created by the developer, which sells shares to investors, who receive share certificates. This allows shareholders a predefined period of holiday weeks pre annum depending on the percentage bought. These weeks are allocated to the owners of the shares on an equitable basis and rotate on an annual basis to ensure that more popular dates are accessible to all the owners.

THE SHARE OWNERSHIP MARKET Share Ownership schemes are not new. They have been around for many years but mainly associated with the purchase of the ultimate in luxury — Private Yachts and Jet Aircraft. Now we are able to extend this luxury to the dream of a second home in a desirable location. The concept of Fractional Ownership in property is firmly established and growing significantly in North America And Europe and is now available to buyers in Asia/Pacific as second home real estate prices escalate and consumers seek a stepping stone to the perfect second home in a desirable location.

USAGE Many outright owners tend only to use their property for 4-12 weeks per year, yet still have to bear the costs attached to 52 weeks. The most significant benefit of fractional ownership is the ability to match your purchase with your expected use of a second home. when combined with the services and amenities of living within a "self-contained resort" you have very compelling reasons to consider fractional ownership.

MAINTENANCE Maintenance and care of the property is undertaken by the resort itself, eliminating many of the headaches associated with owning a second property overseas. All annual running costs are divided equally anong the owners to cover your car and servicing as well as car renewal every three years, local rates and taxes, car, building and contents insurance, utilites, administration, renewing of fixtures and fittings and equipment within your home, periodic external repainting and maintenance of communal areas, assuring you that the property will always be maintained to a first class standard on a regular basis.

SHARED OWNERSHIP All owners are governed by the conditions set out in a signed shared ownership agreement which details procedures for any damage or misuse giving you peace of mind that your investment is still in good hands while you are not there. Your home lease is registered with the Land Authority of Thailand and you receive a fully registered Lease document issued by the Land Office.

Unlike timeshares or vacation clubs (where people buy memberships and pay dues), shared ownership comes with an underlying structure making it a true asset that will appreciate at current market rates and can be sold on at any time.

FRACTIONAL OWNERSHIP FACTS * In 2007, fractional sales in the United States were US$2.3 billion, with over 300 resorts offering Fractional Ownership interest worldwide; * 95% of Fractional Ownership owners are satisfied with their purchase and 85% of the owners have recommended the product to someone else. 22% of fractional home owners purchase at least one further fractional home within four years of buying their first one.


Architectural style: Modern in harmony with the surrounding landscape

Gardens: Landscaped gardens

3 Swimming Pools including 45m lap pool

Pool bar

Tennis Court

Putting Green, bunker and chipping area

Kid's pool and play area
Exercise area



Structure: Low Density 3 storey

Terrace 44m2

Conditions: 3 bed apartment 156m2 for 2,850,000 THB per bought month

3 bed apartment 212 m2 for 3,250,000 THB per bought month.

Extra months at a discount

43" Plasma TV with surround sound home theatre system in master bedroom and living area.

Free car provided for your personal use

Shuttle Bus service

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Development completion date: 2008-01-01

Page viewed 2,757 time(s) since 2008-07-24 (4.6 views/day)

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Fast Facts
Location	Phuket, Layan
Property Category	Apartment/Condo
Property Age	3 years
Offer Terms	Fractional Ownership
Ask price	From THB 2,850,000 to THB 3,250,000
Status
Bedrooms	3
Indoor Area	212.00 M2
Outdoor Area	44.00 M2
Total Land Area	212.00 M2
View	Sea view
Utilities
Architectural Style	Modern in harmony with the surrounding landscape
Structure	Low Density 3 storey Terrace 44m2
Gardens	Landscaped gardens 3 Swimming Pools including 45m lap pool Pool bar Tennis Court Putting Green, bunker and chipping area Kid's pool and play area Exercise area
Conditions	3 bed apartment 156m2 for 2,850,000 THB per bought month 3 bed apartment 212 m2 for 3,250,000 THB per bought month. Extra months at a discount 43" Plasma TV with surround sound home theatre system in master bedroom and living area. Free car provided for your personal use Shuttle Bus service

House
Detached	-	Semi detached	Yes

Land
Off Road	-	Road Access	Yes

Holiday & Long Term Rentals
Baby Cot	-	Baby Sitting	-	BBQ	-
Children	Yes	Cook	-	Driver	-
Maid	Yes	Pets	-	Sleeps	-
Smoking	Yes	Vehicle available	Yes

Leisure Facilities
Communal Pool	Yes	Garden	Yes	Gardener	-
Gym	Yes	Jacuzzi External	-	Jacuzzi Internal	Yes
Outdoor Bathroom	Yes	Pool Bar	Yes	Pool Cleaner	-
Private Pool	-	Sala	Yes	Sauna	-
Secure Estate	Yes	Spa	-	Squash Court	-
Swimming Pool	Yes	Swimming Pool m2	45.00	Tennis Court	Yes

View
Beachfront	-	In town	-	Inland	-
Mountain View	-	Near Airport	Yes	Near Beach	Yes
Near Golf Courses	Yes	Near Hospitals	Yes	Near Schooling	Yes
Near Shopping	Yes	Near Town	-	Near Yacht mooring	Yes
On Beach	-	Sea View	Yes

Interior
Air-conditioners	Yes	Balcony	Yes	Bali	-
Bathrooms	3.00	Bathrooms Ensuite	3.00	Bedrooms	3.00
Built in wardrobe	Yes	Contemporary	Yes	Dining Room	Yes
Family room	-	Fans	Yes	Games Room	-
Laundry Room	Yes	Living Room	Yes	Maids Room	Yes
Roof terrace	-	Storeys	-	Study or Office	Yes
Terrace	Yes	Thai Kitchen	-	Thai style	-
Walk in wardrobe	Yes	WC Toilet	-	Western Kitchen	Yes

Exterior
Boat mooring	-	Car Port	Yes	Garage	-
Parking Space	-

Utilities
Cable/satellite (UBC)	Yes	Electricity	Yes	Hot water system	Yes
Internet Connection	Yes	Mains Water	Yes	Septic Tank	-
Solar power	-	Telephone Lines	1.00	Thai Restaurant	-
Water Filtration	-	Water Heater	Yes	Well Water	-
Wheel Chair	-

Security
Estate security	Yes	Home security system	Yes	Video Surveillance	-

Title Deeds
Chanote	Yes	Nor Sor 3	-	Nor Sor 3 Gor	-

Condition
CAM per sq m and per month	-	CAM per sq m and per year	-	Fully Furnished	Yes
Partly Furnished	-	Unfurnished	-

Prices quoted in THB are converted for your convenience only and may vary 5% or more. Currency movements are out of our control and prices may change without prior warning.