The Cottages at Kata Beach, the opportunity to realize your dream. The Cottages at Kata Beach are the culmination of a concept pioneered by the developers, to enable an owner to realize the dream of owning a spot in paradise at truly affordable prices. The concept is built around eight individual detached cottages situated in a self-contained private community, in a tranquil tropical setting. The cottages are built to international standards of quality, with 24-hour security, and comprehensive, foreign property management. The development's architectural guidelines and all-inclusive monthly maintenance service fee ensure that all cottages are property maintained and managed. The Project Architects and Customization The cottages are designed by Sarin Architects, one of the leading Thai architectural firms, following a Balinese architectural theme, in keeping with the tropical surroundings, decoration, . Design and Specification The Cottages at Kata Beach have been designed to meet rigorous international design standards in quality of materials and workmanship. Careful attention has been paid to insulation, weatherproofing, and low maintenance requirements, to allow for hassle-free living Price Range The Cottages at Kata Beach are surprisingly affordable, with fully completed, ready to move in units ranging between 2. 6 million Baht ($62, 000) and 3. 2 million Baht ($82, 000). Compare this with time-shared apartments selling for 10 thousand to 15 thousand dollars for only one week of use per year. Floor Plan Each cottage provides over 55 square meters of living space under 67 square meters of roof area. Large overhangs keep the interior cool, yet allow for full view of the beautiful surroundings. Only eight cottages are situated on over one rai of land, allowing for ample separation between individual cottages, and extensive tropical landscaping, Access to each cottage is via a cart path for electric carts only, thus ensuring the peace and tranquility of the compound. Common areas include parking, private paths, three outdoor Jacuzzis, extensive gardens, and wastewater treatment systems The Developers and Management The Cottages at Kata Beach is a project managed by Mr. Larry Amsden, a private management consultant and US citizen, resident in Thailand for over fourteen years, and Mr. Dominic Mangiamelli, a property developer and US citizen, resident in Phuket for over six years. Both principles have extensive experience in property management and construction in Phuket Key participants in the development of the project include: - Concept and Architectural design Sarin Architects - Contractor: Piputpipe Supply & Construction Co. , Ltd. - Project Management: Management Consulting Services Co. , Ltd. - Site preparations: Dom Construction Co. - Landscaping: Thip Garden Supplies - Long term property management: Phuket Fun complex Co. , Ltd. - Water and wastewater systems: Environmental Systems and Protection Co. , Ltd. - Legal Consul Vitthaya Isaramalai, Attorney Long Term Rental and Management For those owners who may not occupy their cottage on a full time basis, and whom wish to derive substantial additional income from their unit, the developer offers long term property rental and maintenance management services. Utilizing this option can enable an owner to realize a steady return of up to 5. 8% on their investment. See the “Owners' Expected Retune” For a financial prospectus. Benefits of Ownership: Your own spot in paradise for your exclusive, full time use, A source of significant, steady income. A tranquil, spectacularly beautiful vacation home. Excellent capital appreciation possibilities. Customized to meet your individual preferences. Professional management Definitely affordable. The Legal Package Each owner of a Cottage at Kata Beach will receive a transferable, government registered long term lease for a period of thirty years with a possible option to extend for an additional thirty years. This is the only means of legal ownership of property in Thailand open to foreigners. In addition, each owner will receive title to use, of all common property within the compound, This includes the extensive gardens, paths, outdoor Jacuzzis, parking areas, wastewater treatment facilities, etc, The land occupied by the Cottages is secured by a Chanote Title, The most secure title available in Thailand. Upon receipt of a deposit on an individual Cottage, the purchaser shall receive a contract of sale detailing all aspects of payments and entitlements to the property. The title for the lease to be transferred and registered in the purchaser's name upon completion and turn-over of the Cottage.