Guild Wars 2

Is there such a thing as a permanent custom PvP arena that can be purchased? I recall reading you can buy ones for 30 days for 200g, then pay 2g a day to keep using it, but is that it? For example, when guilds state they have private PvP arenas in their recruitment messages, is it those ones they mean?

Thanks in advance.

Yes. That is what they mean.

Cool, thanks for the reply.