Please note! This FAQ is mainly about our Villa project in Bang Por. If you have questions regarding villas on other locations on Koh Samui, please contact us.

Fifty Questions and Answers about the Bang Por Tropical Hillside Villa project:

1. Is this a Timeshare concept?
2. Is this a Freehold or a Leasehold concept?
3. Who is behind the "Scandinavian Apartments Company, Ltd"?
4. Where is the "Bang Por Tropical Hillside" located?
5. What kind of additional expenses is involved except of the Villa cost?
6. What is included in the monthly Maintenance and Operation Fee?
7. How much does the monthly Maintenance Fee cost and how is it adjusted?
8. What is the cost of electricity?
9. What is the cost of water?
10. Are the Villas equipped with air condition?
11. Do all Villas have hot and cold water?
12. Will the Villas have telephone?
13. Will the Villas have Internet?
14. Will the Villas have TV connections?
15. What kind of quality can we expect?
16. What kind of standard can we expect?
17. Do you have any "Show Villas" that we can see?
18. What kind of safety equipment will the Villas be equipped with?
19. What kind of kitchen appliances is included?
20. Will there be any Security Services available?
21. What kind of services will be available in the project?
22. Do you offer any financial arrangement?
23. Will it be any additional cost on top of the Villa cost?
24. Can we rent out our Villa?
25. How much can we expect to receive monthly if we rent out our Villa?
26. Can we sell our Villa?
27. Is purchasing an Villa in your project a good investment?
28. Is furniture included in the Villa cost?
29. Do all Villas have view?
30. Are the Villas equipped with an outside area?
31. Are our investment and belongings safe when we are away?
32. What kind of material will be used on the floors?
33. Will any visitors to Villa Owners have access to the common areas?
34. Is cleaning of the Villa included in the Maintenance and Operation Fee?
35. How is the cleaning of corridors and staircases organized and paid?
36. Will it be any parking facilities within the project?
37. What kind of material are you using on window and door frames?
38. What kind of material will be used on the doors?
39. How much can we expect to pay monthly for electric?
40. How much can we expect to pay monthly for water?
41. How many storeys will the buildings have?
42. How many Villas will the project consist of?
43. What kind of food will be served in the restaurant?
44. When will the construction start?
45. What is the construction time?
46. How do I know that the Villa will be completed when it is started?
47. Will the construction work/process generate a lot of noise?
48. What kind of progress information will be given during the construction process?
49. Will the buildings have flat or incline roofs?
50. Do you have any Villas or Apartments for rental?

Is this a Timeshare concept?

No. This is a Freehold concept where the Customers own their specific Villa and a part of the land where the Villa is located. The land will be owned fully by all the Villa Owners in a joint venture. The ownership of the land, and the share/stock distribution, will be according to the floor area of the Villa involved.

Is this a Freehold or a Leasehold concept?

This is a Freehold concept. (Please see comments above)

Who is behind the "Scandinavian Apartments Company, Ltd"?

The "Scandinavian Apartments Company, Ltd" is a company established according to Thai rules and regulations. There are a total of three Norwegian shareholders. The majority of the shares are owned by the Senior Director, Planning and Development, Baard A Westlund.

Where is the "Bang Por Tropical Hilside" located?

The "Bang Por Hillside Residence" is located on the Northern part of Koh Samui, Thailand. It is located approximately 500 mtr, Bird view, from the Bang Por Beach and the main Ring Road. This is far enough from the road to ensure a quiet tropical atmosphere, nice sea view at the same time as the beach is only a walking distance away (10-12 min). The driving/walking distance is 1 km due to the shape/path of the road. The project is located close to the end of a "Dead End" road so there is practically no traffic with all the noise and dust that follows.

5 Km - Santiburi Golf and Country Club.
6 Km - Nathon.
6 Km - Maenam Beach.
10 Km - The famous Bo Phut Beach "Fisherman Village" that contains numerous quality "Trend" restaurants and bars.
13 Km - Tesco Lotus Shopping Center with Cinemas and Bowling alleys.
14 Km - Koh Samui International Airport.
14 Km - Chaweng Beach that is the most crowded/developed beach on Koh Samui and the center of the most busy nightlife scene.

What kind of additional expenses is involved except of the Villa cost?

There are only three main expenses involved in addition to the Villa purchase cost.

Other possible expenses:

Telephone, Internet, TV, Insurance and so on. These expenses depend fully on what kind of services you would like to have available in your Villa. These expenses are considered a private arrangement and will be paid by each Villa owner directly to the vendor/firm supplying the services.

What is included in the monthly Maintenance and Operation Fee?

The fee includes the following:

Maintenance of the Country Club and all common areas.
Cleaning of the Country Club and all common areas.
Operation and maintenance of the common swimming pool.
Staff and Employees.
Garbage removal.
24 Hrs Security Service.
Daily operation of the "Bang Por Hillside Residence".

How much does the monthly Maintenance Fee cost and how is it adjusted?

The fee will cost a total of 5.000 THB pr month. It will be adjusted once a year, if necessary, to compensate for Thai inflation and increased local cost only.

What is the cost of electricity?

The electricity will be charged at the same cost as the official government rate + (Plus) an additional fee of 10%. Each Villa will be equipped with its own individual electricity meter to ensure a fair charge based only on your own consumption. The fee of additional 10% will cover periodic maintenance & replacements within the common electrical systems and the administrative expenses involved in the process.

What is the cost of water?

The water will be charged at the same cost as the official government rate, or alternative Vendor/Supplier, + (Plus) an additional fee of 10%. Each Villa will be equipped with its own individual water flow meter to ensure a fair charge based only on your own consumption. The fee of additional 10% will cover periodic maintenance & replacements within the common water supply/treatment systems and the administrative expenses involved in the process.

Are the Villas equipped with air condition?

All Villas will be equipped with AC system in all bedrooms. Additional AC systems can be purchased for an additional cost.

Do all Villas have hot and cold water?

Yes. All Villas will have hot & cold water in all outlets.

Will the Villas have telephone?

All Villas will be equipped with telephone wiring and outlet(s).

Will the Villas have Internet?

All Villas will be equipped with Broadband Internet wiring and outlet(s).

Will the Villas have TV connections?

All Villas will be equipped with TV antenna wiring and outlet(s).

What kind of quality can we expect?

You can expect top quality from the beginning to the end. The construction is done by a third generation Belgium family firm that is very recognized and well known for their quality products on Koh Samui. They have designed/constructed more than 2.000 houses in their career. They have approximately 15 foreign Specialists employed to ensure the best quality available.

What kind of standard can we expect?

The firm mentioned above is well known for their high Standards. They are using only products of well known brands of high quality in their buildings. We will also utilize our internal Building Controller to ensure that everything is done according to European/Scandinavian expectations. Our Internal Building Controller that is Norwegian has close to 30 year experience in the Norwegian Building and Construction Marked.

Do you have any "Show Villas" that we can see?

We have several Show Houses that is ready for viewing at this point. It is the same Construction Firm that are building our Villas as the ones that built the Show Houses according to the same specifications. (Same Quality AND Standards.) This will give a very realistic and accurate picture of the situation.

What kind of safety equipment will the Villas be equipped with?

We deliver the following features as part of our "Standard Package":

Electronic Safe
Smoke Detector(s)
Portable Fire Extinguisher

The basic "Kitchen Package" includes:

Stove/Oven
Combination Freezer and Refrigerator
Extraction fan

All appliances in brushed stainless steel finish of a well known brand. Additional appliances can be ordered for additional cost.

---

Will there be any Security Services available?

Yes. The project will have a 24 hrs Security Service available.

What kind of services will be available in the project?

The project will have the following services as a start:

Restaurant
Bar
Swimming Pool
Internet access
Mini Mart
Gymnasium
Sauna
Tropical Park
Laundry
24 Hrs Security
Reception Services
TV facility with UBC (Satellite reception) in the Country Club

Other services that may be included in the future:

Taxi and shuttle service
Motorbike rental
Car rental
Bicycle rental
Airport Pick Up and transfer

Do you offer any financial arrangement?

We are only able to offer Financial assistance in Denmark at this point.
This service is offered through our Sales Agent Lars Lang at
www.thaiestate.dk.

Will it be any additional cost on top of the Villa cost?

---

No. Our prices are total and final. We deliver a Standard Package that is complete. One of our Policies is to deliver a complete package to our Customers without any surprises later on. There are absolutely no hidden expenses.

---

It is possible to upgrade your Villa but that is totally up to the Customer. Our Villas are ready to move into with complete kitchens and bathrooms. There are no furniture in the Villas.

---

Can we rent out our Villa?

Yes. This is a personal matter and you are free to rent out your own Villa as you want as long as the mandatory Maintenance and Operation Fee is paid. "Scandinavian Apartments Company, Ltd" is willing to arrange and organize the rental process by utilizing their connections/channels for a provision of 25 %. We can of course not guarantee a rental agreement, but we will utilize all our resources in an effort to arrange a rental deal.

How much can we expect to receive monthly if we rent out our Villa?

This will depend fully on the Villa involved. A big Villa with more features will bring in more money than a smaller one.

Can we sell our Villa?

Yes. This is a personal matter and you are free to sell your own Villa as you want. The new owner must of course accept to pay all the fees and follow the terms involved in living in the project. "Scandinavian Apartments Company, Ltd" is willing to assist in the sales process by utilizing their connections/channels for a provision of 5 %.

Is purchasing an Villa in your project a good investment?

We are convinced so. Our initial Villa prices are already pressed to a minimum by minimizing our organization and by efficient vendor negotiations.

We are using a well known and respected Construction Firm that is famous for their high quality and top standards.

More and more International Flight routes have been established. Direct flights to Hong Kong and Singapore make the Island accessible for an even bigger market.

---

Koh Samui has gone through dramatic changes and developments the last 5-6 years and all indications show that this will continue. A lot of "Top Class" Restaurants, Spa's and Resorts have been built during this time and even more are in process. This indicates overall that this will be a very lucrative investment for our Customers.

---

Is furniture included in the Villa cost?

No. Furniture is not included. We will be able to assist with a "Furniture Package" if that should be requested.

Do all Villas have view?

All Villas have view. The view depends fully on the Villa that you purchase. The following views are available:

Sea view
Country Club view
Tropical Garden view
Hillside view
Valley view

All Villas have at least one of the views mentioned above, some have a combination of several view scenarios while others have all views available.

Are the Villas equipped with an outside area?

Yes. All Villas are equipped with wide and spacious verandahs or small gardens. Some are also equipped with roof balconies in addition to the verandahs and the gardens mentioned above.

Are our investment and belongings safe when we are away?

Yes. There will always be people on the project that will monitor the areas. Our Security Guard(s) will also perform random inspection rounds within the project.

What kind of material will be used on the floors?

High quality ceramic tiles are included in our Standard Package solution. We may also combine it with polished granite, marble or exotic wood in some areas within the same package. (No extra cost.)

Will any visitors to Villa owners have access to the common areas?

Yes. All visitors (to Villa owners) will have the same access rights to the Country Club and the common areas as the Villa owners. There will be no additional charges.

Is cleaning of the Villas included in the Maintenance and Operation Fee?

No. Cleaning of the Villa's internal areas is not included. It will be possible to purchase this service if that should be of interest. The cost will depend on the size of the Villa and the cleaning frequency.

How is the cleaning of corridors and staircases organized and paid?

The cleaning of all corridors and staircases will be done by our personnel. The cost is already included in the Maintenance and Operation fee. There is no additional charge for this service.

Will it be any parking facilities within the project?

Yes. There will be outside parking facilities within the project area.

What kind of material are you using on window and door frames?

We are using aluminum frames of a high quality. We have decided to use this solution due to better sealing, better insulation and less maintenance demanding (No painting).

What kind of material will be used on the doors?

We are using wood material in all internal doors. We are also using wood doors externally except for the sliding doors that consist of aluminum frames and glass windows.

How much can we expect to pay monthly for electric?

This is a difficult question. This depends fully on the size of the Villa, how many people are living there and the consumption pattern. The most expensive electrical power consumers are usually the Air Condition systems. We have constructed our Villas in an effort to minimize the cost of AC to a minimum. Our outer walls are 230 mm thick and that gives a very high insulation value. (As a comparison, some Construction firms are only using 70-90 mm thickness) The inside walls are also much thicker than the standard that is commonly used in Thailand. Our internal walls have a total thickness of 130 mm. We are also using a window, door and frame solution that is equipped with very good seals and gaskets. This was decided in an effort to reduce the power consumption even further.

Estimate: 1-Bedroom Villa, normal AC usage and two residents should be approximately 100 THB daily (3.000 THB each month).

---

How much can we expect to pay monthly for water?

Water is quite reasonable in Thailand so this expense is very low. The cost will of course depend on the size of the Villa and how many people that is living there.

Estimate: 1-Bedroom Villa, normal water usage and two residents should be approximately 10 THB daily (300 THB each month).

---

How many storeys will the buildings have?

Very strict building restrictions are in place when it comes to the maximum height of buildings constructed on Koh Samui. We are only allowed to build a height of 12 meter maximum with incline roof included. That will restrict our building height to a maximum of 3 storeys above ground level at any point.

How many Villas will the project consist of?

That is something that depends fully on the size of the Villas.

What kind of food will be served in the restaurant?

We will have a selection between Scandinavian, European and exotic Thai dishes. The responsible person for the Catering Service, and the operation of the restaurant, has already a well established Scandinavian Restaurant on Koh Samui. He is from Sweden but have been living, and working, on Koh Samui for many years. The name of his restaurant is "Eldorado Steak House" on Lamai Beach that is well known for excellent food at reasonable cost.

When will the construction start?

This project is, as the majority of the other projects on Koh Samui, based on the Pre-Construction principle. The construction has started already.

The construction will be done in steps by building Villa building one by one.

---

What is the construction time?

The construction time for each building is guaranteed to a maximum of 10 months. It is very possible that the construction phase can be even shorter since we have involved one of the most efficient firms on Koh Samui for the job. They have optimized every part of their process to ensure a short and efficient construction time as possible.

Our Construction Firm has more than enough machinery and employees to construct numerous buildings simultaneously (Parallel construction).

---

How do I know that the Villa will be completed when it is started?

The "Scandinavian Apartments Company, Ltd" has guaranteed in the contract that no construction will start before it is economical safe for all involved parties with the highest priority on our Customers.
No construction will start before the completion within the agreed time limit is guaranteed. The construction start will be decided in a joint meeting between our Lawyer(s), Architect & Construction Firm, our Sales Agent on Koh Samui and the "Scandinavian Apartments Company, Ltd".

Will the construction work/process generate a lot of noise?

This was an important issue in our Vendor Elevation Process. It was one of the reasons why we decided to use this specific Architect and Construction Firm. They have optimized every step of their construction process in an effort to minimize noise pollution. A lot of their material is pre-cut and pre-fabricated even before it arrive the construction plot. This reduces the need for grinding and cutting with the noise that kind of activity generates.
The actions above reduce efficiently the noise pollution to an absolute minimum.

What kind of progress information will be given during the construction process?

Our IT Responsible person, that is also a very good photographer, will take pictures regularly and post them on our homepage. The Customers will be informed immediately if something should happen that could cause possible delays for the Villas.

Will the buildings have flat or incline roofs?

All buildings will be equipped with inline/raised roof structures. Flat roofs are no more allowed on Koh Samui.

Do you have any Villas or Apartments for rental?

No. Not at this point. It may be that this will change in the future.

E-Mail: info@scandinavianapartments.com