Manor Park Hua Hin

Life Style Resort Condominiums

7% Guaranteed Rental Return and Owner’s Usage

The Inspiration | The Concept | Club Manor | Stages |Rental Return

Guaranteed Rental Return

The developers firmly believe in the potential of Manor Park to generate significant revenue through the holiday rental market. This confidence translates into an opportunity for a purchaser in Stage 1 to receive guaranteed annual returns of 7% of the Apartment purchase price, for a period of 3 years.

How does it work?

  • You purchase an Apartment for, say, Baht. 5,000,000.00 million.
  • You enter the Apartment into Manor Park’s rental programme.
  • Manor Park will pay you 7% of the basic Apartment purchase [excluding all extras and alterations] in monthly instalments on the 15 th of every following month for 3 years from the date of handover. In this example, Baht. 29,166.66 for each month that calculates at Baht. 1,050,000.00.

Commencement and termination

  • The programme will commence upon handover of the completed Apartment.
  • The programme will be terminated at the end of the 3 year period.*

Notes

  • The Apartment MUST be included into rental programme offered at Manor Park.
  • Participating owners will not receive any of the customer rental income generated for the duration of the guaranteed rental return programme.
  • During participation in the Rental Scheme the Owner does not pay the monthly Maintenance fees.

*After the 3 year period the Owner could keep the Apartment in the Manor Park Rental Scheme and obtain 60% of the Total net Revenue, the Management retaining 40% to manage the resort or renew the 7% guaranteed return rental contract.

 

Owner’s Usage Entitlement

 

  • Owners may use their Apartment for a total of 30 days in each calendar year, or a pro-rata amount. A maximum of 15 days may be used during the High Season and 15 days in the Low Season.
  • For everyday the Owner uses the Apartment in the High Season – 2 days will be deducted from the entitlement.
  • Owners may only use their Apartments for a maximum of 6 weekends in any Season [A weekend is defined as Friday night to Sunday night inclusive]
  • Owners may use their Apartments in excess of 30 days upon two weeks notice, and subject to availability.
  • Peak Periods are Black out dates and of the owners wish to stay in this periods, they will have to pay existing tour agent rates offered by Manor park.

Seasons

 

  • High Season : 1 st November – 30 th April
  • Low Season : 1 st May – 31 st October

 

  • Peak Periods are within the High Season and cover:

 

    • Christmas 20 th December – 15 th January inclusive
    • Chinese New Year – the weekend before to the weekend after, inclusive
    • Easter – the weekend before to the weekend after, inclusive
    • Songkran [Thai New Year] - The long weekend, defined as Friday night to Monday night inclusive.
    • The Manager reserves the right to add from time to time other dates, on a one off basis, to cover such things as major sporting events etc

 

Please note, the Manager will produce a Peak Period list annually.

 

 

Please Visit our Partner Properties:

Brittle Star Resorts     Talay Samran    Doodi Guesthouse Peony Hotel    Talay Dao Resort    

Hua Hin Water Sports    Smor Spa Village    Brittle Star Properties     Sira Sila Estates   

 Baan Thai Village    Brittle Star Holiday Homes Rachawadee Beach Resort Brittle Star Tours

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