The project comprises an area of 365 hectares, covering the six villages of Nonvai, Meuang Noi, Nonkhor Neua, Phonthan, Phonpapao and Donekoi in Xaysettha and Sisattanak districts. Chinese developer, Wan Feng Shanghai Real Estate Company intends to turn That Luang Marsh into a liveable town with an environmental friendly atmosphere with various tree species to be planted in the zone. That Luang Marsh SEZ began construction in December 2012 and the developer expects to spend between 15 to 20 year. It will include a large residential area, public parks and green spaces, a lake, roads and drainage, a sports complex, housing project and a commercial centre. There will also be five-star hotels, shopping centres and entertainment venues.

The premium condominium is located in the special economic zone of Thatluang Marsh. Condo No. 1, No. 2 and No. 5 are now available for booking

Ownership:

1. If customers are Lao, he/she purchases it with the freehold right.
2. If customers are foreigners he/she purchase it with the 99 year lease hold.

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Tax:

If customer buys a condominium for investment, when he/she resells it, there will be transaction tax exception. He/she only pays 1% instead of 6%. Also pay the profit tax only 3%

Green Card:

If a foreigner buys a condo in the zone in value not less than 200,000 USD, he/she will be given a green card – permanent residence card in Lao PDR

Price:

1. For the first and the second floor, the price is 2,500 USD/sqm
2. For the third floor to fitteenth floor, the price is 1,408 USD/sqm
3. For the sixteenth floor upwards, the price is 3,000 USD to 3,500 USD/sqm
   • Note: No charge for balcony

Parking:

There will be a parking zone for each unit

Payment:

Customer can get loan from a bank, only 3% of interest per year upto 5 years by using the stratus title as a collateral property. The customer has to pay at least 30% first.

RentsBuy is very pleased to be an agent to this project. Contact us for the special offer or Talk to Tony 020 22229744 directly.

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Read more articles Thatluang Condo on sales

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