Sansara, a new active retirement community on 14.5 rai of land that abuts the highly acclaimed PGA Black Mountain Golf Course in Hua Hin has recently announced that 15 units in their building B will be offered with a guaranteed rental return that any savvy investor/ golfer would love.
Starting at just 4,00,200 THB for their 60 m2 one-bedroom unit and going up to 8.73M THB for their very spacious 119m2 2-bedroom unit, they offer a guaranteed rental return with many benefits, including the two weekly rounds of golf at Black Mountain.
Your free weekly golf starts right after contract signing and your first payment of 20%. Your second & final payment is not due until the condominium building is completed. Currently under construction, the units are expected to be handed over by 3rd quarter of 2019.
According to Suresh Subramaniam, the developer of Sansara, “The Rental Investment Program is ideally crafted for golf lovers and holiday makers who appreciate visiting Hua Hin for periods of between six to eight weeks each year. Investors interested in this program are typically focused on capital appreciation and investment returns, but also expect to spend time in Hua Hin and stay in a facility that provides full service luxury and convenience at accessible prices.”
The key investment and financial aspects of this program are:
- Five‐year rental yield guarantee of 7% per annum for the first three years, and then a further 5% per annum for the next two years.
Rental yield payments are made each quarter commencing after the Apartment Unit is paid in full.
On expiry of the five‐year rental guarantee period, the following options are available to the investor:
Mutually agree to another rental guarantee term with Sansara; or
Take the premises off the Rental Investment Program to live in it; or
Refurbish the premises and sell the unit.
The lifestyle benefits of buying at Sansara are plentiful as their facilities will best most 5 star hotels. In fact they have actually hired a former GM of several 5 starts hotels, Hans Van Steertegem, to oversee the operations and to make sure owners truly live a 5 star experience. According to Hans, “Sansara is a unique place to live. The location is one of the most desirable in Hua Hin and generally regarded as one of the best places to be out of town. The build quality is first class and should be seen to be believed. My focus has been on developing the community activities and hospitality services that Sansara has and ensuring our team is trained to the very highest standard. We are here to support our residents and ensure Sansara is a place in which you can live the life you love.”
- As an investment owner you will enjoy 4 weeks per year at Sansara, two in the high season and two in the low. Additional weeks can be purchased at a 50% discount off published rates. Plus;
Free access to Sansara’s concierge and guest relation services
Free airport pickup and transfer to Hua Hin twice per year
Maid service
Use of the Communal free form pool with adjacent lap pool
Yoga room
Massage Salas/Rooms
Library and reading areas with high speed internet access.
Gymnasium
Tennis courts (hourly charge)
Sanara’s Sports Bar with preferential discount rates for members.
Discounted access to golf courses around Hua Hin.
On top of these amenities, your pre-completion purchase also includes;
A fully fitted European Standard kitchen, including Electrolux appliances: washing machine/dryer, refrigerator with freezer, conventional oven, microwave oven, induction cooktop, exhaust, dishwasher.
Drinking water filtration system
Air conditioners and ceiling fans
Wardrobes in both bedrooms
Fully fitted bathroom including vanities
Special Promotion – loose furniture package to the value of THB 120,000 (60m2) or THB 150,000 (80+m2) with each apartment unit purchase. Registration and stamp duty costs absorbed by Sansara.
Sansara is being built in stages. Stage 1 of the development incorporates 12 pool‐side villas, luxury apartment building A, reception lobby, sports bar, gymnasium, free‐form swimming pool with adjacent lap pool, and all supporting infrastructure for the project. Stage 1 is expected to be completed in December 2018. Stage 2 construction of the second apartment building (Building B) has already commenced, with expected completion to be in the 3rd quarter of 2019.
For more information on Sansara or to take a tour of their show units contact:
Russ Downing at 084 387 5699 or email russ@hothuahinproperty.com.