Q. |
Is there a financing situation available for potential purchasers to take advantage of ? |
A. |
A is available with 35% financing from the developer at 8% per annum for a period up to 3 years. |
Q. |
If, at some point in the future I should desire to sell my property, how easy would it be to do so ? |
A. |
Given the fact that the cost of land and cost of construction is rising - in most cases well located land plots is increasing by 50% per 6 months !, Construction cost are increasing by about 10 - 15% per 6 months - it is therefore very likely that in 2 years from now the same house will cost 30% more than today ! The Bangtao area (around Laguna Phuket) is becoming increasingly more popular due to its well planned quality developments. The excellent local championship golf courses and the quality of infrastructure and close proximity to the beach are all factors that will help increase the value of our Thaibali villas. Last but not least, the developer has a policy to offer the best possible price for buyers who commit to buy from us off the plan. In return the buyer will automatically profit from the first capital appreciation after the property has been handed over. In general this means that the purchaser can count on at least USD 100,000 in capital gains on a resale.
The likelihood that it will be easy to sell a Thaibali villa to someone else is high since we are one of the very few projects that will be completed by Christmas 2005. Large developments generally do not sell out completely or quickly, a risk that we calculated by limiting our development to only four villas.
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