Best Real Estate Market Place in Bhutan

Pling Rinchending LAP 100 Decimal for Sale @ Nu.435,000 Below Bank OD Valuation

For Sale

Property ID :

None

Description

For Sale: E4 & E1 100 decimal Property for sale in Rinchending LAP [4 mins drive from CST College]

Well connected with road (5 mins from where blacktop road finishes) till the plot site, there are few settlements of buildings ensuring connectivity and accessibility of basic amenities such as water connection and electricity.

The plot is available for sale in two ways only:

100 decimals at a jaw dropping all time lowest price of Nu.435,000/decimal (This consist of 2 E4 plots and 2 E1 plot) OR
52.86 decimal E4 (2 Plots) registered land size at Nu.560,000/decimal (The OD loan gets converted to term loan payable in 30 years term period)

Why Buy this land? Best Financing Scheme

Sell Price offered by Seller
Rinchending LAP	Decimal	Rate/Decimal	Total Land Price (Nu)
Total Land for Sale	100	435,000	43,500,000
70% payment on sales deed			30,450,000
Loan Transferable* (Next table)			25,200,000
Less: In cash payment during sales deed part of 70%			5,250,000
Remaining 30% after lagthram transfer

*Total Land Valuation as per bank for OD (BDBL Approved)
Rinchending LAP	Decimal	Sq.ft conversion	Rate for OD/Sq.ft	Total Valuation (Nu)	Total OD available (Nu.)
E1	47.32	20,613	1,000	20,612,592
E4	52.68	22,947	2,000	45,894,816
	100	43,560	Total Valuation(a)	66,507,408
70% OD Approval on (a)				46,555,186
(Less -) Existing OD Loan Transferable to buyer (b)				25,200,000
Additional OD available (c=a-b)					21,355,186
Add: 30% balance payment to be made to seller can also be availed as OD before lagthram transfer					13,050,000
Total OD available after loan transfer					34,405,186

For Exact location Contact Property Owner

Offer Terms:

3% property transfer tax shall be borne by buyer and seller in the ratio of 50:50
70% payment at the time of signing of sales deed and 30% after lagthram transfer

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