Company details:

VIP Developer Chumphon Co., Ltd.

Description:

The New Nordic Coral Beach Condominiums is divided in four buildings. The buildings 1, 2 and 3 is 3 story buildings, and the 4th is with 5 storeys. The first building is located only 150 meters from the beach and the rest only from 200-500 meters from the beach.

All buildings is in a Thai/Colonial style and has units from studios up to 2 bedrooms and all in different sizes. All buildings has elevators and are fully equipped, decorated and furnitured. There are CCTV cameras in the hallways and there will be fiber optic internet in all units, together with TV and entertainment systems. The environmental part is also taken care of, and we will not allow any waste water go in to the ocean. It is going to be a fully equipped “green environment” all over.

Highlights:

  • This is the governments new and upcoming tourist destination in Thailand.
  • The Coral Beach project is located right on one of Thailand most beautiful beaches and all infra structure in the area is in place.
  • Coral Beach is only 10 minutes from the nearest airport.
  • Coral beach is located near the access to other well know islands such as Koh Samui, Koh Phangan and Koh Tao.

Unit specifications:

  • Studio, 39.97 sqm
  • One bedroom, 49.17 sqm, 52.40 sqm, 55.02 sqm and 67.40 sqm
  • Two bedroom, 134.80 sqm

Project Specification:

  • 24-hour information desk and reception
  • 24-hour security
  • IT support
  • Free beach shuttle
  • Shops and massages nearby
  • Transport services

Building Specification:

  • 3 story building
  • 66 residential units
  • Studio, one-bedroom and two bedroom apartments
    51 unit studio size 63 sqm
    14 unit one bedroom size 49.17 sqm – 67.40 sqm
    1 unit two bedroom size 134.80 sqm
  • Shops and massages nearby
  • Reception Area nearby
  • Parking area

Ownership:

  • Freehold
  • Leasehold

Currency and purchase price:

The purchase price is in Thai baht (THB)

Payment and payment terms:

  • Non-refundable deposit of THB 50,000 to confirm the purchase.
  • 35 % of the purchase price upon signing the preliminary purchase contract.
  • 20 % of the total purchase price upon the start of piling work.
  • 15 % of the total purchase price upon start of rising the building.
  • 20 % of the total purchase price upon finishing the roof.
  • 10 % of the total purchase price, minus deposit to be paid upon completion of the building.

Investment Offers:

  • Rental guarantee 10% for 10 years on Freehold, or 15 years on Leasehold
  • Cash back option offered for early Bird buyers that have paid in full, New Nordic will be offered cash back of 10% up to opening date

Additional fees related to the unit:

  • One time sinking fund payment of THB 500/sqm upon completion of the building.
  • Registration fee and transfer tax at Land department for Foreign quota is 6.3% New Nordic will absorb half of this cost. For Thai quota or Leasehold New Nordic absorb all cost.

Other fees related to the Unit:

  • Service fee at the rate of THB 75/sqm per month after the completion of the condominium. New Nordic will absorb half of this cost during rental guarantee.

Construction:

Planned construction starts on October 2017 to September 2018 (12 months) with an additional 6 months for furnishing & decoration. The anticipated opening date is March 2019

Contract details:

Contracts will be developed by New Nordic Main Admin Office on sales-contact@new-nordic.com

Account details can be addressed to Chumphon Admin Office at chumphon@new-nordic.com

Project inquiries can be addressed to Project Manager Tom Stenshavn at tom@new-nordic.com and

Legal concerns can be addressed to Legal Department at legal@new-nordic.com

Floorplans