Horizon Residence - a superb condominium project, located in Choeng Mon, just 5 mins from one of the best beaches on the island as well as the airport, shops and the main night life of Chaweng just a 10 minute drive.
The Residence offers its owners a fully managed investment and lifestyle opportunity with a choice of condos and townhouses, built to a high standard and in a contemporary design, providing modern living an an idyllic setting. The beautiful gardens and inviting pool will encapsulate the surroundings and a provide a peaceful environment for owners and guest to enjoy.
The communal areas include: 3 swimming pools, a bar/restaurant, gym and a professional team of hotel experienced staff, creating these Residences a great place to stay or own.
Designed around the concept of healthy living, the developer has actively sought ways to reduce the buildings Carbon Footprint. An Alu + an aluminum composite will be used on the exterior of the builds, which will dramatically reduce heat within the condos, therefore reducing the usage of air-con, and reducing the need to re-paint the exterior of the building. The insulation used in the wall will also trap the cold air into the condos and produce far better sound insulation than brick walls. Each of the condos private front doors will have rubber seals to stop the cold air from escaping, which will also add to the sound insulation.
The large, interior communal staircase, with the eye catching skylight, will have a pond at the base which will assist in cooling down the area, negating the need for air-con.
The onsite maintenance company will ensure that the Residence will stay in good condition by maintaining the cleaning and communal spaces, including the swimming pools, gym, gardens, roads, building interiors, walkways, lifts, generators, as well as providing 24 hour security.
There is a shuttle service to the airport and the beach, maid service, rooms service and they can organize services such as a driver, baby sitter, in-house spa treatments, tours, car hire...to name a few.
There are a selection of 1 and 2 bed Condos available from 45sqm to 92sqm and prices start from 3,900,000 THB to 8,280,000 THB
Maintenance fees are 70THB p/sqm per month and a one off sinking fund of 500THB p/sqm.
The Residence can offer foreign investors the opportunity to purchase freehold title for those able to acquire the first 49% of the private living space in the project. For those investors who are unable to acquire within the 49% foreign/freehold quota, there is an alternate legal structure called "secured leasehold structure".
This is available on the 49% foreign quota condos and up to 50% of the valuation, for a maximum of 10 years.
Will be available and a choice to suit your taste and budget.
It is expected to achieve a net rental yield of 8% per annum, based on an occupancy of 80% in high season and 60% in the low season.