Luxury 4-Bedroom Residence Villa in Four Seasons Resort Chiang Mai for SALE

Luxury 4-Bedroom Residence Villa in Four Seasons Resort Chiang Mai for SALE

Land size: 1 rai 2 ngan 88 sq.wah (688 sq.wah or 2,752 sq.m.)
Living space: 2,753 sq.m.

With views of the mountain and countryside, this luxurious 2,753-square meter residence combines Northern Thai Lanna aesthetics with modern sensibilities.

The residence features four en-suite bedrooms spread over three buildings and an expansive indoor living space with fully equipped service kitchen and private wine cellar at the heart of the residence. Outside, a stylish infinity pool come complete with a heated Jacuzzi and sunken Thai sala.

Owner's benefit from the five-star management, services and facilities of Four Seasons Resort Chiang Mai.

COMPLETION: Completed in 2010, fully Furnished
LAND TITLE: Freehold for a Thai buyer /
Entity or 90 years lease (30+30+30) for a non-Thai buyer
TYPE: 4 Bedrooms with private gardens, heated lap pools, Jacuzzi and outdoor living spaces

KEY FEATURES:

• Four en-suite bedrooms with walk-in closet (master suite in the main building, three guest suites in adjacent buildings)
• Living and dining room with entertainment system, private wine cellar and fully equipped service kitchen
• Outdoor entertainment deck with infinity pool, Jacuzzi, sun loungers and Thai sala
• Private garage
• 24/7 butler and on-demand, in-residence services

RENTAL AGREEMENT:

Owners have the option of putting the Residences into the Four Seasons rental program. The rental program is typically a one-year contract with an option for renew. The rental program will be managed by Four Seasons Resort Chiang Mai. Revenues received by the resort management are allocated to the owner (60%) and the resort operator (40%) after expenses associated with marketing, maintenance and other expenses such as laundry and daily room amenities have been deducted. FYI, the rack rate for 4 bedrooms villa will be varied between THB 90,000-120,000/night based on room occupancy and seasonal.

RESIDENCE MANAGEMENT:

The Residences and common area facilities will be managed by dedicated residence management under the supervision of the Four Seasons resort management team, to ensure the quality of service and standards matches that of the hotel. This will include general administration and management, resort transportation, landscaping maintenance, routine and preventive maintenance, general repairs, pest control, pool cleaning and 24-hour security.

MAINTENANCE COSTS:

Owners are responsible for maintenance and services fee for the ongoing upkeep of common infrastructure and facilities provided. Owners are also liable for specific charges such as electricity, water and sundries (food and beverage, and other supplies during their stay) for their individual residence. Sinking fund contribution is required from owners for major infrastructure repairs and/or improvements.

AMENITIES:

Residents will enjoy unrestricted access to the extensive amenities including a fully equipped fitness center, tennis courts, library and reading room, a world class spa and some of the best dining options in Thailand. Owners will also enjoy a world of five-star services, including bell attendant service, 24-hour telephone operator, cable television, wireless WIFI, 24-hour security, private parking, and housekeeping.

MAINTENANCE FEE: Residence 29 THB60,400/yearly

PAYMENT TERM AND INFORMATION:

• Deposit on the reservation date THB 500,000
• 30% of the selling price less deposit on the contract signing
date and within 15 days from the reservation date.
• Balance of payment (70%) of selling price on the date of
registration (within 30 days after contract signing date)

REGISTRATION FEES AND OTHER EXPENSES PAID BY THE OWNER (FREEHOLD)

• Government Transfer Registration Fee 2% of the total
appraisal land price & villa price, shared equally between
the developer & the purchaser
• Administration fee THB 5,000

REGISTRATION FEES AND OTHER EXPENSES PAID BY THE OWNER (LEASEHOLD)

• Government Lease Registration Fee 1% of the Registration
Price
• Stamp duty 0.1% of Registration Price
• Administration fee THB 5,000

Nearby location:
- Four Seasons Resort Chiang Mai
- One hour flight from Bangkok
- 30 minutes drive from the city of Chiang Mai International Airport
- 30 minutes drive from Chiang Mai Night Market
- Famous 18-hole golf course, just 5-minute drive away

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