Property Details

Surin Park is a superb opportunity to invest and own a beautiful home in the heart of one of the islands most desirable locations. Surin Park has the rare combination of not just location, design and quality, but affordability.

· A few minutes walk to two of Phuket’s finest beaches, Surin and Bang Tao.

· On Surin Beach road

· A High end residential address, making your investment secure and financially wise.

· The elevated location not only gives commanding views overlooking the Bang Tao valley and mountains, but also provides for total privacy to our residents.

· East facing, making terraces cooler and more pleasant.

· Foreign freehold units available.

· The Leasehold units are legally registered at local land office, again securing your investment.

· The total of only 24 units which guarantees that facilities like pool and gym will never be overcrowded.

· Each apartment is unique, giving potential purchasers the opportunity to choose a home to cater for their individual taste.

· Estimated conservative rental returns of 16.2% short term, and 7.5% long term.

· Property in Phuket has been appreciating between 15-20% annually since 2001

CONCEPT :

Our objective was to design and build a small high quality and stylish community, with privacy and tranquility, yet, within moments from Phuket's finest restaurants, beaches and lifestyle.

Concept - Surin Park CondominiumAs our most important consideration was the difficult task of identifying the ideal location, and using strict criteria, we knew it would take time and patience. However, finally, we were fortunate to find the perfect land, and in one of Phuket's most desirable areas, Surin. With easy access to two of Phuket's most beautiful beaches our concept now had the three most important factors, location, location, location !

Concept - Surin Park CondominiumSurin Park condominiums are the perfect example of modern day living. Only using premium quality materials, these state-of-the-art condominiums offer spacious open plan living. Bright, breezy and fresh, all condominiums are designed to optimize the beautiful surrounding environment and outdoor lifestyle, the three track sliding doors open onto a spacious terrace providing complete synergy to indoor and outdoor living. Each terrace has a built-in BBQ grill perfect for entertaining or relaxing after a hard day at the beach!

With its elevated position Surin Park provides a truly peaceful and natural environment with sweeping mountain views, maximum privacy and only moments from white sandy beaches Surin Park is truly a unique location.

Concept - Surin Park CondominiumThe tropical landscaping at Surin Park is in keeping with the natural environment and the communal swimming pool and Jacuzzi and has been designed to provide total peace and privacy. Positioned in order to receive optimal sunshine this is a beautiful area that oozes calm and relaxation.

We are confident you'll come to the simple conclusion that Surin Park truly offers the highest quality in condominium living.

CONDOMINIUM :
To give choice and individuality Surin Park offers more than 10 different styles of condominium apartments ranging from 1 bedroom units (71m2) to 2 bedroom, study and rooftop garden penthouse units (164m2). They are designed to optimize outdoor lifestyle by merging the terrace and living areas together . All apartments will boast comforts such as LAN wiring, CCTV and built in BBQ grill counter on the terrace. Clients will also have optional furnishing packages available, witch are currently under consideration.

Client will have optional furnishing packages available. They are currently under consideration.

Common Property & Facilities

* Large free form Pool
* Tropical Gardens
* Poolside Shower and Toilet
* Interior Road and Walkways
* Off Road Parking Areas
* Office
* Office Storage
* Stairwell Storage
* Perimeter Fencing and Walls
* Entranceway and Gate
* Exterior Ground Lighting
* Gym
* Sauna
* Café/Restaurant
* Lift
* CCTV
* In-house maid service

Maintenance & Management

As stipulated in the condominium act, the Condominium Juristic Person (the CJP) will elect an owners committee. The committee appoints a professional manager or management company to provide services as listed below.

THE MAINTENANCE CHARGE COVERS THE FOLLOWING:

Condominums - Surin Park Condominium

* Garbage removal daily
* Gardening and irrigation of all public areas, facilities and garden
* Pest control of common areas
* Security - Physical security, 24 hours a day, 7 days each week
* Manager and staff of the development office together with all utilities and office equipment and supplies
* Insurance for all common areas and public liability
* All common area and office electricity and water supplies
* Pool and equipment cleaning and replacement
* Accounting fees
* All applicable government and leasehold annual taxes
* Rental of individual units in behalf of the owner
* At additional charge you can have a cleaning service of your apartment done by in-house maids.

In order to ensure that our beautiful development and your home are maintained to the highest standards, it is obviously necessary and common practice to charge to each property a monthly maintenance charge which is paid yearly, in advance. Monthly charges are estimated to be no more than THB 70/sqm Additionally, as according to condominium act, there is a 'one-off' Sinking Fund charge of THB 1000 /sqm payable upon completion of your home. These funds will be held in the estate maintenance account to cover any additions, upgrades, additional construction of amenities and facilities, replacements, painting etc. that the owners require

OWNERSHIP :

Generally speaking there are two options to purchase property namely, freehold condominium or leasehold of any type of property

Condominums - Surin Park CondominiumBuying a condominium freehold with a title deed is an option available to foreigners. The only restrictions on purchasing a condominium are that the percentage of aggregated area sold to foreigners cannot exceed forty nine percent (49%) of the total sellable area in the condominium block; and that the funds used to buy the condominium have been remitted from abroad and correctly recorded as such by a Thai Bank on a Tor Tor Sam. Purchases of condominiums by foreign individuals come under the jurisdiction of the Condominium Act B.E. 2535 (1992).

Condominums - Surin Park Condominium49% of the condominiums in Surin park are sold with a foreign freehold condominium title .This allows a foreigner to own property on a freehold basis. The title will be transferred to each owner upon completion of the construction and registration approval as a condominium unit by the local authorities.

Remaining 51 % of the condominiums suites are sold with either Thai freehold condominium title or leasehold. The lease period is three times 30 years thus totaling 90 years.

For leasehold, the lease will be officially registered at local land office for each buyer upon completion of the construction and registration approval as a condominium unit by the local authorities.

* Reservation: Pay the reservation fee of THB 100,000 which is completely recoverable by deduction from the final payment.
* Signing: The Sales and Purchase Agreement is to be signed within a short period following the reservation. A 20 percent deposit payment of the unit price is required upon the signing of the agreement.
* Installments: The remaining pre-completion payments will be divided into installments over the construction period of the project
* Balance on transfer remaining (5 percent)
* Estimated completion date September 2009