Financing a Thai Villa with Siam Royal View
These are the standard financing arrangements applicable when you choose to buy a villa with Siam Royal View.
|General Payment Schedule for the Land|
|Deposit at registration||100.000 THB|
|Within 30 days||30 %|
|Within 60 days||30 %|
|Within 90 days||30 %|
|Land Title Deed Transfer||10 %|
|General Payment Schedule for the House|
|At start of construction||30 %|
|At reaching window height of ground floor||30 %|
|When the roof structure is completed||30 %|
|When the house is completed and accepted||10 %|
There are 5 stages in the contractual process:
Stage 1: Signing Reservation Agreement
Upon signing the Reservation Agreement specifying the plot you have chosen and the price is agreed, Siam Royal View will provide you with copies of the contractual documentation so that you can begin your review process immediately. (Please note that the Reservation Agreement is not valid unless signed by Siam Royal View.)
Stage 2: Reservation Payment THB 100,000
You will then have 10 days to transfer the non-refundable deposit of THB 100,000 to our account for which we will provide you with a written confirmation of the receipt of funds. If the deposit is not received within 10 days, the reservation will lapse and the property will be put back on the market.
Stage 3: 30 days to sign contracts and initial payment
After the deposit of THB 100,000 has been paid, you will have 30 days to sign the contractual documentation which includes:
- A Contract for Sale / Purchase of Land which includes the terms and conditions of sale, the price, the payment schedule and the Restrictive Covenants for construction.
- A Service Agreement which relates to the management of the village and the provision of essential services such as water, electricity, telecommunication and Internet network, etc.
Stage 4: Follow the Payment Schedule
You will then be required to follow the agreed payment schedule through to completion.
Stage 5: Transfer of Ownership
Upon completion of the villa and receipt of your final payment, we will then transfer the Title Deeds as per your requirements.
Siam Royal View reserves the right to change the contractual stages without prior notice.
Siam Royal View provides customers with financing of the villa and land up to 30% of the purchase price, without any review of the buyer’s financial status.
Customers have the option to enter into an agreement with Siam Royal View which will provide a loan based on the purchase agreement. The principal of the loan will be payable within 5 years in equal monthly instalments, along with the accrued interest at the prevailing rates
Should you be interested in this option, please enquire for more details with your sales representative.
SIAM ROYAL VIEW CUSTOMER SERVICE
Siam Royal View is one of the most trusted names in the Thailand property market and we are committed to assisting our villa owners at every stage with ancillary services and customer care.
With our partner firms, we are able to help our customers with all of the following and more:
- Obtain professional independent legal advice and services
- Assist with visas and permits
- Assist with the creation of a local bank account and credit card
- Obtain professional assistance for tax advice and to help file tax returns
- Obtain insurance coverage including healthcare, property and car insurance
- Assist with company formations, and providing a domicile address as well as corporate accounting and tax advisory services
- Assist with obtaining a Thai driver’s licence
- Help with travel and hotel accommodation arrangements
Generally, we will share our experience and connections as long-term expats with you and pass on important tips so that you can plan and organise your new expat life with ease. Contact out expert customer services team to learn more.