The Vineyard - Ownership and Finance

CCR Property Pattaya - Condo, House, Land. Residential and commercial real estate in Pattaya Thailand

The Vineyard - Pattaya - Ownership and Finance

Ownership and Finance
Regarding foreign ownership, the developer is working with well known and respected lawyers.

Theagreement is divided in 3 parts and each Buyer shall receive the following
benefits:

1. Ownership of their villa pursuant to the Sale and Purchase Agreement of a Villa and Conveyance of a Land Plot.

2. Exclusive right to use, possess and enjoy the land plot on which their Villa is built pursuant to the Leasehold Agreement.

The Vineyard. Luxury Villas in a tropical paradise.

The initial period of the Lease is for 30 Years plus an extension of 30 Years and an additional period of 30 years, That is to say a starting period of overall 90 years guaranteed. Being specified that through their shares in the Houses Owners Association the Buyer shall be able to renew the lease agreement in perpetuity beyond 90 years.

3. Share(s) in the Houses Owners Association that shall become upon
completion of the Project a shareholder in the company that owns and lease
out the Land Plots on which each Buyers Villa is located. Having a right of
control in the Landowner Company the Houses Owners Association shall be able
to guarantee the renewal of the Lease Agreement of each Buyer.

The manner in which the developer arranges the ownership makes it so that there are no capital gains or death taxes to contend with.

DEVELOPER ASSISTED FINANCE.

Due to the success of Phase One we are pleased to offer up to 40% finance over 4-6 years at 6.5% per annum on Phase Two.