Payment Terms

PAYMENT STAGES

Reservation of land plot: 200.000 THB

Start Of Foundation: 30%

Start Of Roof/Wall Structure: 30%

Start Of Interior Work: 20%

Completion Of House: 15%

Handover The House: 5%

CONSTRUCTION DETAILS

Contracts Will Be Completed Within 30 Days After Sing-on Fee Is Paid & Received By The Summit

Start Of Foundation Will Start When We has receive the First 30% (minus Sign-On Fee)

1-3 Month After Start Of Construction The Summit Invoice 30% For Start Of Roof & Walls

4-6 Month After Start Of Construction The Summit Invoice 20% For Start Of Interior Work

9-12 Month After Start Of Construction The Summit Invoice 15% For Completion Of The House

The Last 5% Will be paid After Snagging List Is Completed & During Handover Of The House

ADDITIONAL PAYMENTS

NO MAINTENANCE FEES AT ALL

 ELECTRICITY  (DIRECT TO PEA)

TRANSFER FEE – Buyer and Seller will equally share the official transfer fee´s and taxes from the land office

WARRANTIES
At THE SUMMIT Hua Hin we give a standard 1 year warranty but with a 5 year warranty on the building structure and swimming pool structure.

DEPOSIT
All deposits paid to The Summit are Non Refundable unless specified in writing by us.

LEGAL ADVICE:
We strongly recommend that you take independent legal advice about your purchase. This should be from a lawyer who has experience of the law in Thailand and who is familiar with dealing with the special requirements of foreign people buying there. You are free to use any lawyer of your choice but, if you wish, we can recommend a suitable lawyer to you. We do not receive payment from the lawyer for making the introduction.