Since 2003, New Nordic Group has been building high-quality condos, apartments, residential buildings, villas, and hotels in order to create resort complexes in which residents and guests can enjoy a carefree and comfortable stay. By purchasing property from New Nordic, the investor becomes not just the owner of the apartment, but the co-owner of a huge project consisting of condominiums, shops, restaurants, swimming pools, gyms, beauty salons, spa-centers and other amenities. To date, the development package of the company includes 78 residential complexes and hotels that are located in the main resort areas of Southeast Asia: Thailand (Pattaya, Samui, Phuket), Indonesia (Bali), Cambodia (Sihanoukville). In the near future, New Nordic Group will launch two more directions: the Philippines and Africa.
How it works?
1. You acquire an apartment in private property with all the relevant opportunities: you can rent it, sell it, donate it, live by yourself, the apartment is also inherited.
2. At your request, the apartment is transferred to the management of the New Nordic Group under a guaranteed rental contract for a period of 3 to 20 years with a yield of 9% per annum.
3. At any time during the term of the guaranteed lease agreement, you have the exclusive right to terminate this agreement unilaterally without any penalties. New Nordic group, in turn, cannot terminate the guaranteed rental agreement.
4. Throughout the entire term of the guaranteed rental, New Nordic Group is fully liable for all your property located in the apartment, as well as carries out all the work related to servicing the apartments: cleaning, maintenance.
5. After the expiration of the guaranteed rental agreement, the New Nordic Group company undertakes to carry out cosmetic repairs in your apartment and give it to you in proper condition.
6. All complexes of the New Nordic Group company have a unique location: