Legal information regarding ownership, investment structures, time tables, warranties and systems for the Talay Sawan Development at Bang Saray.
Ownership and legal
Timetable
Building Permits
Within this residential zoned area, permits are applied for on a building by building basis in advance of construction
Investment Structure
- Initial deposit 100,000 baht and sign booking and reservation form
- Within 28 days sign contracts and pay the balance deposit to 20% of the purchase
price - Upon completion of foundations, a further payment equivalent to 15% of the
purchase price - Upon completion of the superstructure and roof, a further payment equivalent to 30%
of the purchase price - Upon completion of the second phase electrics, a further payment equivalent to 20%
of the purchase price - Upon completion and handover and registration a final payment equivalent to 15% of
the purchase price
Ownership Structure Villas
In accordance with Thai law, the Villas must be owned by Thai nationals or through a beneficial Thai company, or through a long lease structure. Choice of ownership is based on the decision and circumstances of the investor
Villa Warranties
The contractor will provide 10 years structural guarantees, as European standards.
Operations and management
Access Roads
The project is accessed by the public road system, and the internal site roads are currently private and will be owned by the Bang Saray Development Company in which all the Owners participate.
Contractors
The Contractor is Phukettaksin Construction Co. Ltd
Sales
Marketing
Management
The Villa Estate will be managed by Bang Saray Development Co.,Ltd
Systems
Utility locations
All Utility reticulation will be underground including water, power and, communications.
Sewerage
Sewerage is handled by the Pattaya Municipality
Water Source
Water is from the Pattaya Municipality and from there distributed to the homeowners. Each Villa will also have its own independent storage tanks.
Satellite TV
Each owner of a Villa will be able to subscribe to the Satellite TV system at the rates charges by the commercial satellite company.
ADSL
Each owner of a Villa will be able to subscribe to ADSL telephone connections at the rates charged by the telephone company providing the services.