Baan Yamu Residences

• Exclusive community in a private, serviced luxury development designed by an internationally acclaimed architect.

• Affordable luxury designed by the most reknown architects, builders and engineering companies in Thailand.

• Large mix of seaview condominiums and villas providing a choice of different lifestyles.

• Ideal for permanent residence and overseas investors.

• Simple, stylish elegant designs with integration of outside and inside living spaces.

• Contemporary architecture combining natural local materials to blend with the local Thai culture.

• Environmentally friendly infrastructures and first class property management and concierge services, ensure that owners enjoy carefree ownership.

• Extensive on-site facilities provided by Twinpalms Management.

• Due to Launch Q4 2009.

Services provided by Twinpalms Management:

Common Area Plan - Compulsory to all Residences and Villa owners

• Baan Yamu Privilege Card for Twinpalms Hotels & Residences
• 24-hour Front Offices Services at the entrance of the Baan Yamu Residences
• 24/7 security
• Daily Shuttle Service between Baan Yamu Residence and Twinpalms Phuket
• Limousine Service

Investor Package

• Resort-style rental management programme

• No personal usage:
  Option 1: Rental guarantee of 6.5% P.A. net for 5 years based on the purchase price inclusive of the furniture package. (Maintenance fees are paid by the developer). No owner occupancy for 5 years. This option is available along with developer financing.
  Option 2: 25% cash back based on the purchase price inclusive of the furniture package. (Maintenance fees are paid by the developer). No owner occupancy for 5 years. This option is not available with developer financing with up to 6.5% guaranteed rental return over 5 years.

• Personal usage limited to 4 weeks per year during low season:
  Option 1: Rental guarantee of 5.5% P.A. net for 5 years based on the purchase price inclusive of the furniture package. (Maintenance fees are paid by the developer). 4 weeks per year owner occupancy for 5 years during low season. This option is available along with developer financing.
  Option 2: 20% cash back based on the purchase price inclusive of the furniture package. (Maintenance fees are paid by the developer). 4 weeks per year owner occupancy for 5 years during low season. This option is not available with developer financing.

• 3. Flexible rental programme:
  Join the rental pool program as it works today and take advantage of the developer-financing!

Location & Surroundings

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  Phuket is Thailand's largest tropical island situated in the unspoilt Andaman Sea. The tropical climate creates a lush green paradise that is surrounded by stunning blue seas and views across to beautiful tropical islands.
• Phuket has some of the best beach in Asia. Ideal for swimming, diving and snorkeling. Five star resorts and hotels, and world class restaurants are all within easy reach.
• Baan Yamu Residences secluded but convenient location is ideal, being a short drive away from world class golf courses, marinas such as The Royal Phuket Marina and Boat Lagoon, shopping centres, and international standard schools and hospitals. Phuket International Airport is only 20 minutes drive!
• The Pier, just 50 meters away from Baan Yamu Residences, serves as your gateway to the spectacular Phang Nga Bay area as well as the world famous Phi Phi Islands.
• The peaceful idyllic, and breathtaking views over Phang Nga Bay and its convenient but secluded location, make Baan Yamu Residences your private spot in paradise.
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• Payment terms:
  Reservation Fee: 200,000 THB (4,000 EUR - 6,000 USD). 3-week deadline to return all properly executed legal documents along with full down payment. Following staged payments are to occur as construction progresses.
  
  
• Additional costs:
  Transfer & Registration Fee: 1.10% based on the land price. (Both the seller and the buyer equally share this cost)
  One time Sinking Fund Fee: 500 THB per sqm.
  
  
• Legal matters:
  Condominiums: The Development provides both 100% freehold foreign ownership and long-term leasehold for condominiums. Pursuant to Thai property law, foreigners may have a freehold ownership over a unit in a condominium. However, condominium units owned by a foreigner shall not exceed 49% of the total space of the condominium project. Other restrictions may apply. A non-Thai owner of a freehold condominium unit may transfer the property to other foreigners. The remaining 51% will be sold to foreigners with a registered 30-year leasehold title, which is allowed by Thai Law in the name of foreigners, renewable for two additional 30-year periods. Thai nationals or majority owned (51%). Thai companies are allowed to possess freehold ownership on all units.
  
  Villas: As per the property ownership, the buyer will get a 30 years term lease on the land which can be renewed twice (up to 90 years) as foreigners are not allowed to own land directly under their name. However, he will get full ownership of the house, which is built on the land. The land lease is registered with The Thai Official Land Department under the buyer’s name. A freehold option is available for Thai nationals and Thai companies.

• Disclaimer:
The information and figures presented above are believed to be accurate but cannot be guaranteed. They are intended for the purpose of projection and analysis and should not be used for the preparation of income tax returns.