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Avalon Newsletter 14 June 2008

 

Price Increase           (0801)

 

The builders have informed us that due to increased prices of almost all building materials the prices for new buildings will be increased substantially. Of course these increases will not affect any deals already made, but will only affect new sales.

Building prices new for existing models inclusive full PUR treated roof

Villa Sevilla© with Panorama Bay, Terrace and Pool 1,830,000  

Villa Andalusia © with Panorama Bay on two storey, Terrace and Pool 3,390,000

Villa Cameron© with Terrace and Pool 3,980,000

Villa Alhambra© with Panorama Bay on two storey, Terrace and Pool 4,500,000

Villa Ibiza© with Panorama Bay on two storey, terrace and pool 1,600,000

Villa De Palma© with a Panorama Bay on two storey, Roofed Terrace and Pool 2,140,000

Villa Toledo© with Panorama Bay and Pool 1,350,000

 

New house models         (0803)

We are changing the range of houses on offer, whereby we tried to offer some great deals for people with little money to invest. We launch a new villa and adapt some existing villas to smaller more basic models.

The new models require less land therefore the total investment is not only reduced by the lower building costs, but also lower land costs.

 

New Villa Cordoba©            (0804)

 

            This model costs only 850,000 Baht. The plot could be as small as 13,5 x 11,5 (130 square meters). It is a very compact Villa with a comfortable Master suite, two guest bed rooms sharing one bathroom and a large living room with the Panorama Bay. The entrance is a large double glass door from the roof covered terrace. The buildings come with the high insulating PUR spray foam treatment which is ten years guaranteed against leakage.

 

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New Basic Villa Sevilla©     (0805)

 

Villa Sevilla© is now for sale on New and exciting conditions.

 

  • No need to invest in the land

  • Very cheap basic model

  • Treated roof with 10 year waterproof guarantee

It is now possible to pay a low rent per month instead of paying the total land value for free- or lease hold. For the New Basic Villa Sevilla© you need a minimum land area of 13,4 x13.7 meter, but of course one can order any available plot on our projects in and around Hua Hin. The Basic Sevilla© has no Panorama Bay, no terrace and no pool.

The land on these projects is all priced 5,000 Baht per square meter, but instead of purchasing it one can pay a monthly fee of 0,5% of the land value which is 25 Baht per square meter. 

Example; A Villa Sevilla© on 200 square meters of land

Villa Sevilla©    building costs                           1,100,000 Baht

Legal and Connection Fees*                                 100,000 Baht

Your total investment (no more hidden costs)     1,200,000Baht (Euro 24,000 or GBP 17,143*)

Monthly costs;

Service fee 6 Baht per square meter                  1,200 Baht

Monthly Rent 25 Baht per square meter             5,000 Baht

Total monthly costs                                        6,000 Baht (Euro 120 or GBP 86*)

 

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*Prices in based on THB 60=1 GBP and THB 50= 1 Euro. Legal and connection fees cover all transfer costs and connection costs for all utilities. Check avalon-villas.com for extended information

 

New monthly land rent        (0806)

Instead of buying the full rights on the land whereby to your choice you can obtain the freehold or the lease hold we have now introduced a new revolutionary system, which makes that you can avoid investing in the land. Instead of purchasing the full rights you pay a monthly rent of 0.5% of the land value per month. This is only 6% on the investment, more than 2% lower than the cheapest commercial mortgage interest rates in Thailand. Still on any given time you have the right to change to purchase of the full rights and opt for freehold or lease-hold

The price of purchasing the full rights of the land will be adapted to the general price indexes once every two years, for the first time in 2010.

This rental system is valid for all new sales from now on for the projects Devalon and Summerland, from now on. If the introduction is successful we will introduce this system on other projects as well.

 

New snag and building team         (0807)

We are in the process of having one builder to be responsible for all our building activities including roads, utilities and snags. This builder is the current builder on Summerland, Mr. Pongsak tel…081-941-4286. Mr. Pongsak will be assisted by Naen who is a skilled construction engineer Telephone 081-4341420 Both speak reasonably English, but  and for those who are not comfortable talking to Pongsak or Naen we would like to introduce Henk from Holland who will be happy to assist you ( 080-052-0408. Henk also works directly under Mr. Pongsak. Mr. Pongsak is very eager to build, so if you have any construction work even apart from Avalon, do not hesitate to contact him for a quote. Email Pongsakkarbbueang@gmail.com

 

Sales brochure         (0808)

We now have an attractive brochure made for our sales teams. These brochures are available in the Sales office on Dechanuchit Road, Avoran Head office Soi 23, the restaurant Andaman Club on Avalon and many other spots. For sales contact Bram Hendriks tel.:+66-811-960-151 avalonsales@gmail.com  or Brant O’Bell +66-897-839-475 belltrade888@hotmail.com.

 

Residents Committee on Avalon   (0809)

Up till today we have only 6 candidates for the Resident’s Committee on Avalon. We will send you their information shortly, together with a voting form. Again we would like to express that it is important that the residents make their own choices and it is in your own interest to have a strong representation of all residents. If you feel like stepping in, wherever you live and stay, please let it be known.

 

Illegal building          (0810)

 

All buyers have a written agreement not to change the exterior of the house, but we are constantly confronted with people who put builders to work. If we do not know who is on the project, we have a serious security risk. Also our builder is responsible for some types of road damage and we cannot guarantee roads if residents come in with heavy trucks. Some terraces are built not only horrifically ugly, but also without any foundation, so you might expect fast deterioration. The structures interfere with building regulations and obstruct the natural running off of rain water. Together with the Municipality we have decided to make a list of the illegal buildings which were not checked prior or during the building. Furthermore we will require payment for road damage on every plot that has had illegal construction. We do not even have to think about building guarantees, as the builder has explicitly no repair duties if the house in any way or form is changed by the resident. This behaviour is quite irresponsible and could lead to damages for the other residents and new buyers, who expect to buy a guaranteed quality instead of a sinking terrace.

We will try to remove all illegal builders from the site. We have just had a builder arrested on Summerland, stealing from a resident. We hope you understand our hard response. We are happy to assist any resident who wants to build, but not without a drawing and not without us knowing who comes to the site.

Although all these structures are not allowed according to the contracts we are hesitant to go to court as there is a chance that the Residents later together will decide to allow these structures.

Once the Resident’s Committee is active we will together with them decide how to handle the existing illegal constructions. In our view the least thing we must do, is to warn buyers of their houses that their terraces are not built to the standard construction qualifications.

 

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