Apartment with guaranteed rental return in Pattaya

4,496,000 THB  (USD 129,980) 
155,034 THB/sqm. (4,482 USD/sqm.)
ID011843A
CondominiumRamada Mira North Pattaya
RegistrationForeigner Name
LocationNorth Pattaya
TypeOff plan
Area, sqm.29
Bedroom Type1 bedroom
Bathroom1
ViewPool view
FurnitureFully furnished
InternetWi Fi
Facilities:
  • Swimming pool
  • Security 24/7
  • Gym / Fitness
  • Garden
  • Kid`s pool
  • Kid`s playground
  • Laundry
  • Lobby / Reception
  • Covered parking
  • Club House
Stylish apartment with high quality materials and designers decor in Ramada Mira North Pattaya condominium. Investment property with rental return from world famous hotel chain Ramada. • 30 years investment program contract • 6% p.a. guarantee return for 3 years, payable every month. • From year 4th – year 30th we give profit sharing 70:30 (70 to client) Expecting 6% - 8% as average occupancy rate in north Pattaya is over  75%. Plus income from events, restaurant etc. • Free common area fee for first 3 years.  • From year 4th – year 30th, common area fee will be deducted in operation cost. Clients don’t need to be worried about paying the fee. • Managed by Ramada Hotel under Wyndham Hotel Group, ranked top 5 world biggest hotel brand.  • Project will apply for Hotel License and fully operate as a hotel • Clients can stay in the hotel 14 days a year during  26 April – 31st October; 10 days on Monday – Thursday. 4 days on Fri-Sun  and national holiday.   • All units shall be under investment program • Price is fully furnished with contemporary interior design and garden landscape. Not allowed to do extra individual interior as it need to be same standard hotel room. • Guarantee yield is before withholding tax deduction. • Sinking fund is 600 Baht/Sqm. • Transfer fee 50/50 shared • Buyer shall pay for installation of water meter, electricity meter and telephone number deposit (approx. 20k – 30k depends on government rate at that time)

Investment:

Condominium unit with rental return: 30 years investment program contract • 6% p.a. guarantee return for 3 years, payable every month. • From year 4th – year 30th we give profit sharing 70:30 (70 to client) Expecting 6% - 8% as average occupancy rate in north Pattaya is over  75%.

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