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Horizon Residence Condotel
The Horizon Residence Maintenance Company will ensure that the Horizon Residence stays in tip top condition by maintaining all the cleaning and maintaining all the communal spaces, including the swimming pools, gym, IT centre, gardens, roads, building interiors, walkways, lifts, generators, as well as providing pest control and 24hr security.
In addition, for a small fee, we will be on hand to assist with any maintenance jobs within your Condo unit, such as changing light bulbs, hanging pictures and any other tasks that you need help with.
Maintenance Fees = 70 Thb per Sqm of the unit, per month
Sinking Fund = 500 Thb per Sqm (one off payment at point of transfer)
The sinking fund is a communal fund that covers unexpected repairs or replacement of communal equipment such as the generators and the electrical transformers etc. If money from the Sinking Fund has to be utilized, then each owner will receive notice and evidence of the repair/replacement cost, and be required to top up the fund to the amount that was previously held, prior to the expenditure.
The maintenance fee is subject to annual increases to account for the increased costs of maintaining the common areas and/or inflation.