Full Description

Key Features

•  6km of pristine white sand beach
•  Luxury eco-resort overlooking the South China Sea & a 130 million year old rainforest
•  Ownership options-complete personal use OR 7.25% guaranteed net income for 5 years plus 20 days personal use per annum
•  Up to 50% LTV mortgages available allowing investment with as little as £62.5k cash + purchase costs
•  Designed by world class architects WATG
•  Villas have full use of award winning 5 star Nexus Hotel Resort including spa & golf club membership
•  Beach front villas come fully furnished with broadband connectivity, private balcony or courtyard, water features, & a pool or Jacuzzi
•  Kota Kinabalu airport is being developed to handle increased tourism levels

Description

One of the world's best kept secrets, Karambunai is a tranquil haven in stunning Sabah on the island of Borneo. Sabah Tourism Board maintains that with the very high occupancy figure of 72%, the area still has a severe holiday bed shortage of 3000. What is more, Sabah has one of the highest tourism growth rates in Malaysia and reaped the benefits of 1.8 million tourist arrivals in 2004 which equated to a 41.7% growth over 2003. Target tourist arrivals in Sabah for 2010 sit at 4 million, meaning demand for holiday property should simultaneously rocket. With Nexus's 7.25% 5 year guaranteed income structure in place the resort promises great returns and should enjoy significant capital appreciation as the tourism market flourishes around it.

Location

Just 25 minutes from the Kota Kinabalu International Airport, flights to major South East Asian capitals such as Singapore and Hong Kong are just 3 hours away whilst Tokyo, Shanghai and Sydney are within a 5-6 hour flight. Affectionately referred to as the ‘Land Below the Wind' Sabah lies outside the hostile ‘Ring of Fire' and the threats of plate tectonics at 1°-5°Latitude North. Bordered by a verdant 130m year old rainforest, Nexus Residence also surveys the alluring coastline of the South China Sea, a 6km expanse of soft white sands and beautiful waters.

The Properties

Nexus Residence is a world class resort featuring exclusive beach-front properties in surroundings befitting the globe's most coveted locales. Lavish beach-fronting villas are of exotic Borneo design and blend harmoniously with nature whilst simultaneously providing the height of luxury befitting any five star resort. Adjacent to the award-winning 5 star Nexus Resort Hotel investors will have full use of its outstanding facilities including spa and golf club membership. All villas are delivered luxuriously furnished to a five star standard and enjoy a private balcony or courtyard as well as a Jacuzzi and steam-bath or lap pool, pavilion, and private gardens

Amenities

• World Class 18-hole championship golf course
•  Lavish Borneo spa
•  6km pristine white sandy beach
•  Nature excursions, scuba-diving, eco-resort experiences and some of the most peaceful surroundings still left in the world
•  Villas delivered fully furnished with private balcony or courtyard

Payment Schedule

•  RM 20,000 deposit
•  Mortgage acquisition (50% LTV)
•  20% payable upon signing and returning SPA (all must be done within 45 days)
•  25% payable on ground level slab, reinforced concrete framework, beams and columns
•  30% payable on ceiling/roofing and internal plastering of unit inc doors and windows
•  25% on completion, end 2008

What's on Offer?

•  1 Bed Spa Villas from RM 807,489 (~£125,000)
•  2 Bed Spa Villas from RM 1,031,303 (~£160,000)