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23 May 2008   09:41:01 am
Beachfront Land Update
Indigo Real Estate is the region’s leading broker for luxury private islands, beachfront and sea view land. Current our website features over 65 luxury land listings.

Here are this month’s top 3 hottest prime private villas sites:

Azzurro Land Plots
Ao Po, Phuket

Azzurro is one of Thailand’s most exclusive, luxury properties with individual plots now available. This is a unique opportunity to live in one of Thailand’s most exclusive estates with large plots and stunning sea views. The private but convenient location makes the project highly desirable.

Ao Po is one of Thailand’s most sought after areas with amazing tropical east coast views. Located just 10 minutes to Phuket International Airport and minutes to world-class hospitals, restaurants, shopping, golf and spas. The location is next to the new ultra-luxury Jumeirah Private Island which is under construction.

Kamala Headland Plots
Waterfall Cove, Phuket

This unique, prime headland plot in the Cape Sol area of Phuket offers direct access to Kamala Beach, outstanding views of the ocean and vistas of the sun setting over the Andaman Sea.

This stunning 3 Rai property is close to Phase II of Jomchang and only sold as 3 Rai.

Property Details : www.indigore.com/view_property.php?id=1568

73 Rai Beach Front
Koh Poor, Koh Lanta, Krabi

Total of 73 Rai beachfront located on a small island off the east coast of Koh Lanta Yai accessed by long tail boat. The island is called Koh Por, sometimes spelled "Poor" or "Pur" and is mostly inhabited by local Muslim fishermen.

The land has about 350m of immediate beach front, with a rough sandy beach.

This is a perfect long term investment as the natural progression will be for resort
and villa developers to seek alternative land sources as the land on Koh Lanta Yai becomes scarcer and more expensive.

Property Details : www.indigore.com/view_property.php?id=1328
Category : Indigo 2008 Luxury Collection | By : admin |


23 May 2008   09:25:28 am
Resale Homes Update
Indigo Real Estate has over 15 luxury resale homes currently on our books. These are Indigo’s top three most exclusive estates on the market.

Beyond Villa
Natai Beach, Phang Nga

Asia’s most glamorous and decadent luxury home features a massive 6,000 square meters (64,560 square feet) of indoor living space – perfect for the world’s richest and most famous seeking absolute privacy, directly on Thailand’s most exclusive beach.

The estate is located on Natai Beach on the southwest coast of Thailand in Phang Nga province just 20 minutes from the Phuket International Airport. The beach is considered one of Asia’s most luxurious waterfronts and is often referred to as Thailand’s Hamptons with large, gated oceanfront villas and luxury resorts.

Natai Beach offers access to a wonderland of national parks, waterfalls, untouched pristine beaches and sparsely populated islands, yet it is less than 1 hour from Phuket’s world–class shopping, restaurants, spas, golf courses and hospitals.

Beyond Villa incorporates granite, marble, glass and steel into an architectural wonder and is decorated with over US$ 2 million in luxury furnishing for around the world. Hong Kong architect Branko Pahor, who has created many of the most extravagant and desirable villas and commercial properties in Greater Phuket, designed the estate.

The mega home is ultra-modern with floods of light surrounding every view of the azure Andaman Sea. The master bedroom is 500 square meters (5380 square feet) of chic, white space with its own swimming pool. Guest rooms are detailed in various Asian themes including a 350 square meter (3766 square feet) Japanese-style bedroom with its own enclosed Zen garden.

A spa includes both a steam room and sauna to accommodate a dozen guests and houses an even larger outdoor Jacuzzi. Special attention has been given to the in–house fitness area which has 80 different machines in another 350 square meter space (3766 square feet). The estate also features a massive home theatre, karaoke room, 2-lane bowling alley, tennis courts and beachfront 2-hole golf course.

Property Details : http://indigore.com/contact.htm?ac=HIMTU-W


Sunset Villa
Kamala Beach, Phuket

Sophisticated luxury living awaits you in one of Phuket’s most desirable private villas. Perched on the top of the Kamala headland in a secure, gated estate, this massive 700 m², six-bedroom home offers breathtaking panoramic views.

With dramatic high cathedral ceilings, there is a feeling of expansive space that is reinforced by a breathtaking panoramic view overlooking the ocean. The central theme is oriented towards an outdoor lifestyle but maintains both formal dining and entertainment pavilions.

Bedrooms are spacious with stunning open views to the sea and are located individually within the villa grounds to provide privacy. The main entertainment level features an infinity swimming pool, large terraces, oversized dining sala, heated Jacuzzi spa and covered dining and lounge areas with bar

This villa is situated in the heart of Surin within easy reach of the some of the best beaches in Phuket, excellent restaurants and the island’s top resorts and golf clubs. This is one of the most desirable private villas available on the island.

Property Details : www.indigore.com/view_property.php?id=1373

Samujana Villa 19
Kamala Beach, Phuket

This incredible home in Koh Samui’s most exclusive estates has just come on the market. Samujana V19 is the latest completed villa and the best villa in the project.

Pure luxury is yours in this sea view estate featuring five bedrooms, six bathrooms with an executive deck and living area with pool.

Samujana and it's highly acclaimed team have created an exclusive and secluded environment on over 15 acres of beautiful wooded land, with panoramic views and own private beach... with beach club and eating area.

Samujana is located on the NE of the Island (in Samui's 'Golden Triangle') near Choen Mon and 10 minutes from the international airport (but because of the gentle slope of the site, not on the flight path) and 7 minutes from Chewang, Samui's most beautiful and famous beach and with many of Samui's restaurants/bars and nightlife.

Property Details : http://www.indigore.com/view_property.php?id=1614
Category : Indigo 2008 Luxury Collection | By : admin |


23 May 2008   08:27:00 am
New Development Update
Indigo Real Estate’s Luxury 2008 Collection continues to sell very well. And so it should with Thailand’s five most exclusive new developments on offer.

Here’s an update on each of these developments:

The Natai
Natai Beach, Phang Nga



Located directly on the white sand of Greater Phuket’s most exclusive beach, The Natai has sold out of Beachfront Villas (already built) but still has a great selection of modern, open–plan, pool residences including Ocean View Villas, Pool Side Apartments and Sea View Apartments.

The project recently opened a new Ocean View Villas show villa and they’re just months away from finishing all of these three luxury homes. The apartments are currently being sold off plan with completion set for the end of 2009.

The Natai is setting the luxury standard for beachfront developments on the ultra-exclusive Natai Beach in Phang Na Province – just a 20 minute drive from Phuket’s International Airport. With daily morning flights to Phuket from Hong Kong and Singapore, owners can be on this spectacular white sand beach for brunch.

Property Details :

The Natai Villa :www.indigore.com/view_property.php?id=1153
The Natai Apartment : www.indigore.com/view_property.php?id=1202

The Sava
Natai Beach, Phang Nga



Sava, a collection of only 15 villas, is the latest residential offering at the southern end of Natai Beach presenting the absolute beachfront luxury lifestyle. Truly the ultimate beach homes, the development boast 200 meters of ocean frontage, where the beach becomes your playground.

Only one of the five massive Beachfront Villas is still available as well as a good selection of the ten Ocean View Villas. Construction is proceeding on schedule with completion set for 18 months.

Five Beach Front Villas are set on 2,500m² of pristine Andaman Sea beach. These “smart” villas are complete with landscaped gardens, expansive inside areas and massive, pools that stretch onto the waterfront. Each villa includes direct access to the exquisite 15 mile long Natai Beach.

Ten Ocean View Villas are elevated and set back to reveal sweeping, ocean vistas and luscious tropical landscaping and landscaping. The inside spaces are generous with four bedrooms, expansive outdoor decks and huge 18m pools.

Natai Beach on the southwest coast of Thailand, where the Andaman Sea meets land, is one of Asia’s most luxurious waterfronts and is often referred to as Thailand’s Hamptons with large gated oceanfront villas, international architecture and luxury resorts including Raffles Resort and the re-building of the Pete Dye golf course of Thai Muang, about 15 minutes to the north.

Property Details : www.indigore.com/view_property.php?id=1350

Istana
Naithon Beach, Phuket



Villa designs for the Istana Phase II are set to be released next month. The initial offering for the first 9 villas sold out in 30 days so act quickly if you’re interested in a project that that’s ideally located on a hillside overlooking the quiet white sands of Naithon Beach.

With less than 20 homes on such a huge estate, each plot is a stand alone property with large gardens. Most plots are an opulent +2 Rai lots (+3600m² or nearly 1 acre). Villas are offered in 3-6 bedroom configurations and involve substantial architectural consultation. Istana has been designed to meet the exacting standards of the world’s most discerning investors.

This project of is a development of Hong Kong based, Prism Estates who has chosen BHM, a member of The Elite Havens Group, to provide management services for Istana which will include full concierge services including villa staffing, security and maintenance. In addition, the BHM agent network has over 220 booking agents worldwide who ensure that each Istana home will be occupied when the owners require.

Istana’s 24-acres site is situated on the exclusive northwest coast close to Trisara and just 15 minutes from the Phuket International Airport.

Property Details : www.indigore.com/view_property.php?id=1346


Bluepoint
Patong Beach, Phuket



Bluepoint is perhaps the most-talked about luxury development on the island. In just 2 months this project has already sold half of their 20 available condominiums. But it’s easy to understand why this project so popular?

First, the location in Patong is second to none, situated on the headland south of Patong and offering complete privacy and broad beautiful views across the Andaman Sea and Patong Bay.

Second, the design by internationally renowned architect Paul Raff Studio has created a small project that is respectful to the environment. Landscaping has been designed for the rooftops of the three buildings to reduce cooling costs and to help the development fit into the surrounding environment.

One (freehold) Penthouse Apartment and a selection of nine Garden Pool Apartments still remain for sale.

Property Details : www.indigore.com/view_property.php?id=1391


Napa
Cheong Mon Beach, Koh Samui



This just-released luxury project on Koh Samui is already getting serious attention. The design/development team of Napa recently completed Samujana which sold out quickly, so local brokers are very keen to introduce these 10 villas to their clientele.
Napa is situated on the gentle hillside overlooking the magical white crested Koh Matlang and enjoys a full panoramic view over the gulf of Thailand on the North East coast of Koh Samui. The private location is still central and less than 10 minutes to Chaweng town and the airport.

These tropical cutting-edge villas sit on large plots that range up to 1600m² nestled comfortably amidst verdant gardens, blending local rock walls and natural materials with high vegetation and colourful plants. Napa enjoys large entertaining areas and 15m pools with split levels ensuring that views are maximized.

Property Details : www.indigore.com/view_property.php?id=847
Category : Indigo 2008 Luxury Collection | By : admin |


23 May 2008   08:04:15 am
The work continues
Over the next ten days, Culú Culú Polo & Golf Resort Lifestyle will begin to build the first home, Acquamarina, one of three designs available in the development.

With a total area of 450 square meters, the house will have two bedrooms, living room, dining room, kitchen, bathroom, garage, covered barbecue area and a pool deck.

Furthermore, in its brightly lit interior, there will be space for a sauna, spa, massage room, gym, wine cellar, cigar room and media room especially designed to watch movies.

The project and construction will be lead by architects Guzman & D'Herve and GM S + B + V.

Indios Chapaleufú II Culú Culú
Sweet hopes
With the decision to stay in the country while the polo season in England and Spain is in full swing, Juan Ignacio Merlos, the new addition to Indios Chapaleufú II Culú Culú and a four time champion, is awaiting his debut here in Argentina.

"Apart from playing, Eduardo, Alberto and Ignacio are in England contacting players to see the possibility of adding them to the team as alternates. In the coming days, it is possible that I will travel to Europe to learn of the latest developments, "said the brand new number three.

In addition, his return to the Argentine courts will occur in the next season for the Open Jockey Club, along with the three Heguy brothers. "It is going to take a little time to get use to," he said.

In terms of preparing the team for the high handicap season, Pite noted that "Palermo will be important, although we will have the horses ready to play from the beginning of Tortugas, the first tournament of the year."

La Espadaña Culú Culú Cup
Bitter taste
A few days ago, nine teams with 14-16 goal handicap took part in a new edition of the traditional cup La Espadaña Culú Culú on the courts that the club organizer has in the town of Lobos.

In their debut, Jockey Club Culú Culú Amun-Trips (Miguel Uriburu -1 -; Ezekiel Dupont -6 -; Pablo Bagnardi -5 - and Jerome Fanelli -5) lost to The Watchtower MPI 9-6, and in the second match, they also fell to St. Mary 360, 7-6.

The tournament was won by St. Mary 360, who in the end defeated LE The Tapera The Caburé by 13-10.
Category : Argentina | By : admin |


23 May 2008   07:18:33 am
Thailand’s New Land Transfer Fees and Taxes
A. Before the new regulations came into effect:

Transfer Fee: 2% of the land office appraised value of the land;

Withholding Tax: 1% of the land office appraised or the actual transaction value of the land, whichever is higher, if the seller is a corporation. Sliding scale based on the land office appraised value of the land, if the seller is an individual; and

Stamp Duty: 0.5% of the land office appraised or the actual transaction value of the land, whichever is higher; or

Specific Business Tax: 3.3% of the land office appraised or the actual transaction value of the land, whichever is higher.

If the land has not been transferred for 5 years or more, the Stamp Duty is payable; but if it has been transferred within the last 5 years, the Specific Business Tax is payable.

B. New Regulations:

In general, the transfer fee, taxes and other expenses incurred from the registration of ownership transferare as follows (the registration fees and taxes according to the regulation amendment in effect since April 22nd, 2008 and May 2nd, 2008

Transfer fee: 0.01% of the land office appraised value of the property if the property is part of a licensed development or a condominium, or if the land comprises of an area of not more than 1 Rai (for the area exceeding 1 Rai in an unlicensed development, transfer fee of 2% of the land office appraised value will apply); and

Withholding Tax: 1% of the land office appraised or the actual transaction value of the property, whichever is higher, if the Seller is a corporation. Sliding scale based on the land office appraised value of the property, if the seller is an individual; and

Stamp Duty or Specific Business Tax:
Stamp Duty: 0.5% of the land office appraised or the actual transaction value of the property, whichever is higher.

or

Specific Business Tax (including Local Development Tax): 0.11% of the land office appraised or the actual transaction value of the property, whichever is higher,

Mortgages (new regulations)
A mortgage can be granted to secure the performance of any obligation. There is no law restricting foreign individual receiving mortgages. Together with the above taxation reduction, also the fee for registering a mortgage has been reduced from 1% to 0.01% of the amount declared in the mortgage agreement (in maximum of Baht 200,000) and stamp duty of 0.05% of the amount declared in the mortgage agreement.

Written by : Marcus Collins, Partner of McEvily & Collins
For details see : www.Legalthai.com
Category : Thai Property Tax | By : admin |


 
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Beachfront Land Update
Resale Homes Update
New Development Update
The work continues
Thailand’s New Land Transfer Fees and Taxes
Beyond Belief
New Look For Indigo 4
Luxury Market Healthy
Government considers longer leasehold terms
Market Update of May 2008
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