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One Bedroom Residence

Each condo is designed with the idea of maximising comfort without compromise. 67 square meters of bright living space including a private balcony facing in a primarily Westerly direction, a dedicated kitchenette area, fully fitted bathroom suite with natural light, and double doors leading to the master bedroom are but a few of the features. The 1 bed condo, as with the two bedroom units, have the added benefits of allocated parking, lock up storage, broadband, cable TV, and an optional digital music feed, to name but a few.

Grande, Superior and Premiun Two Bedroom Residence

The unique design of the 1 bed units have been carried over to the 2 bedroom condo. Many families now travel to Phuket with young families, and do not want to have separate hotel rooms. The one level floorplan, with separate dedicated lounge and dining areas, ensures that the family is never far from view, at the same time allowing a large area in which to move around. The master bedroom benefits from a significantly larger bedroom and changing area with en-suite bathroom. Furthermore, we feature either a large wrap around balcony or a central balcony from which the family can enjoy the stunning views across the pool, and beyond the Resort to the West. In short 112 or 130 square meters of sheer luxury.

The 62 apartments will be sold as freehold condominiums under The Condominium Act ( 1979 ) which allows 49% of the total registered area to be under direct foreign ownership.

Under the condominium act, strata title deeds will be issued for all 62 apartments, which in turn means that you actually obtain a title deed issued by the Land Department of Thailand as proof of ownership.

For the remaining 51%, ownership has three possible scenarios. Either Thai Nationals, Thai companies can own direct or for foreigners, we enter into a leasehold agreements. A Leasehold agreement is a perpetual 30 year lease arrangement which is also registered at the Land Department of Thailand.

1. Development is centered around a 34 key boutique resort hotel operation.

2. Please visit www.dewaphuket.com for more information about the Development.

3. Dewa Residence totals 38 Condominium one bedroom units and 24 Condominium Two Bedroom units.

4. Sales are done under Condominium Jurisitc Person procedure. The unit remaining for sale can be purchased through a leasehold contract or freehold contract through a Thai
registered company.

5. Dewa Residence handover to owners will start November 1, 2008. Dewa Resort will be
open on December 15, 2008.

6. Guaranteed Rental Return scheme has been developed with conditions attached.

7. All transfer fees and other government taxes involved with the sale are incl. in the purchase sum.

8. Purchase price includes all except loose furniture. Loose furniture package will be avail for sale.

• Furniture Package cost for one bedroom unit is 450,000.- Baht + 7% VAT
  
• Furniture Package cost for two bedroom unit is 650,000.- Baht + 7% VAT

9. Maintenance and Service fee is equal to 30.- Baht per square meter per month of the
area of each Condominium. The fee cover the common costs ie: security, gardening, pool service, lift service, pest control etc., etc. Additional cost for TV & Internet subsciption and insurance TBA.

10. Initial sinking fund is a contribution of 500.- Baht per square meter. The fund is for major repairs and or replacement of operating equipment within the Condo area.

11. Security deposit of initial contribution of 30,000.- baht for monthly ongoing payments of
individual unit ie power, water, housekeeping, telephone, tv, etc., etc.

12. Payment schedule:

A. 100,000.- Reservation fee on signing of Reservation form
B. 80% on Contract signing.
C. 15% when building is ready for occupancy, not earlier than November 08
D. 5% six month retention after physical handover less reservation fee

Note : Contents are to subject change without prior notice.