Ramada Mira North offeres pure Investment property with Guaranteed Rental Return up to 30 years
6% p.a. Guaranteed Return for 3 years, payable every month.
From year 4th – year 30th profit sharing 70:30 (70 to client) Expecting 6% - 8% as average occupancy rate in north Pattaya is over 75%. Profit includes income from events, restaurant etc.
Stylish interiors of a luxury five start hotel.
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.
Ramada is a large UA multinational hotel chain owned by Wyndham Hotels and Resorts. As of December 31, 2018, they operate 811 hotels with 114,614 rooms across 63 countries under the Ramada brand.
- Multi level swimming pool
- Cascade pool and water features
- Kids pool and kids playground
- Relaxation areas
- Fully equipped gym
- Contemporary garden with relaxation area
- Hotel reception
- Gourmet restaurant
- 24/7 security, parking
All units are under investment program
Prices are for fully furnished apartments with contemporary interior design and garden landscape. Owners are not allowed to do additional individual interior as all apartments shall be the same standard of hotel room.
Free common area fee for first 3 years.
From year 4th – year 30th, common area fee will be deducted in operation cost.
Owners wouldn’t need to be worried about paying the fee.
Owners can stay for free in the hotel 14 days a year
- Guarantee yield is paid 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 line deposit (approx. 20k – 30k depends on government rate at that time)
The completion of the project is scheduled by the end of 2021.
Please be kindly informed that all information and prices are published only for information purpose. All final prices, sizes and property details should be confirmed by our staff. We are doing our best to keep this website updated, but sellers have a right to change the price without prior notice, so to get an actual price, please contact our us by any means: firstname.lastname@example.org, +6682-2118894 or just simple can to talk in our office. Thank you for your understanding and cooperation.