Hotel on Jomtien Beach, Pattaya, Thailand 47.6 sq.m. № 115520

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Hotel on Jomtien Beach, Pattaya, Thailand 47.6 sq.m. № 115520
ID115520 ฿ 3 801 000
  • THB ฿
  • USD $
  • EUR €
  • RUB ₽
  • GBP £

Property description

ALBAR PENINSULA

The Lifestyle You Deserve

This Condo gives You The Unique Opportunity To Turn Your Dreams Into Reality. Located In The Sought-after And Highly-desirable Destination Of Ban Amphur Where Beautiful Coastline Is In Abundance, With Sweeping Panoramas Of The Ocean As A Backdrop, The Condo Delivers The Ultimate Coastal Lifestyle. Modern Architecture Combined With Stylish And Seek French Designs, A Contrast To Vibrant City Life, An Escape, A Sanctuary, Somewhere You Can Call A Home Away From Home.

Combining Luxury 5-star Hotel Living With Privacy And Tranquility, First -class Hotel Management And Amenities, The Lifestyle You Deserve.

Project details

Location : Ban Amphoe beach, close to Ocean Marina Yacht Club
Type of building : Low-rise building 8 floors
Construction : August 2021 a€' Dec 2023
Number of buildings 4

Unit Types : Total of 686 units
Building A has 198 units. (Studios)
Building B has 181 units. (Studios)
Building C has 90 units. (Studios) 69 units (1 Bedroom) 13 units. (2 Bedrooms) Total 172 units
Building D has studio 36 units - 1 bedroom 91 units - 2 bedrooms 8 units. Total 135 units
* 505 units are studio type, 160 units are 1 bedroom type and 21 units are 2 bedroom type.
* 19 units are pool access units
* 19 units jacuzzi units

Payment Options

- Thai Quota
o Option 1: Booking 50,000, Contract 20%, Down payment 25% (5% every 3 months x 5 times), Transfer 55%
o Option 2: Booking 50,000, Contract 50%, Transfer 50% (Return during construction 5% per year of 50%)
o Option 3: Booking 50,000, Contract 100% (Return during construction 5% per year of 100%)

- Foreigner Quota
o Option 1: Booking 50,000, Contract 30%, Down payment 45% (15% every 6 months x 3 times) Transfer 25%
o Option 2: Booking 50,000, Contract 75%, Transfer 25% (cash return during construction 5% per year of 75%)
o Option 3: Booking 50,000, Contract 100% (return during construction 5% per year of 100%)

Investment Program

- Rental Guaranteed 6% per year for 10 years
- Fully furnished, electronical appliances, standard hotel decoration and amenities
- Furniture maintenance under hotel service for 10 years
- Free common area fee for 10 years
- Free unit renovation after 10 years of rental guaranteed program
- 15 days free stay per year at same unit type
- Free water and electricity usage during rental guaranteed program
- After completion date, hotel will have 3 months testing opening before the rental program starts.
- Rental Guaranteed will be paid every 3 months within date 15th of first month of next quoter. The first Rental Guaranteed payment will be paid
- Rental return subject to withholding tax 5%
- Customer need to sign lease back agreement for 10 years
- From year 11th onward, profit sharing 60:40

Return During Construction

- Thai Quota: in the event that customer pays 50% - 100% on contract signing date shall get 5% of paid payment per year during construction period
- Foreigner Quota: in the event that customer pays 75% - 100% on contract signing date shall get 5% of paid payment per year during construction period.
- Payable quarterly until construction is completed
- No withholding tax applied

Buy Back Option

- Applied only units in building A and only the unit under investment program
- Buy back option between year 3 a€' 5 at 100%. Customer need to inform at least 60 days in advance.
- Customer shall be responsible for expenses for ownership transferring on buy back process.

Customer privileges

- Free pick-up service from/to U-ta Pao International Airport or Train Station
- Express Check-in, Check-out
- Free extra bed (subject to inform hotel in advance)
- Free welcome fruits and welcome drink
- Free birthday cake
- Free self-service laundry during stay
- If your stay is longer than 15 days you receive 15% discount for the next check in.

Expenses on transfer date

- Transfer fee 1%
- Sinking fund 600THB/ SQ.M pay one time on transfer date
- Water and Electricity meters installation cost (actual amount collected by government)
- Lease registration fee 1.1% of the total rent in the period of ten years.

- * Living Room
- * Water Heater
- * Dining Room
- * Air-conditioners
- * Study or Office
- * Garage
- * Outdoor Bathroom
- * Fully Furnished
- * Bedrooms
- * Bathrooms
- * Bathrooms Ensuite
- * Terrace
- * Sala
- * Inland
- * Car Port
- * Western Kitchen
- * Video Surveillance
- * Home security system
- * Estate security
- * Walk in wardrobe
- * Built in wardrobe
- * Roof terrace
- * Sauna
- * In town
- * Spa
- * Hot water system
- * Family room
- * Balcony
- * Garden
- * Gym
- * Chanote
- * Laundry Room
- * Jacuzzi External
- * Mains Water
- * Off Road
- * Maid
- * Internet / TV / Phone
- * Games Room
- * Vehicle available
- * Driver
- * Water Filtration
- * Swimming Pool
- * Thai Restaurant
- * Gardener
- * Contemporary
- * Storeys
- * Secure Estate
- * Parking Space
- * Beachfront/Oceanfront

Features

  • Balcony
  • Terrace
  • Roof terrace
  • TV
  • Telephone
  • Internet
  • Air Conditioners
  • Electric water heater
  • Drinking water filter
  • American kitchen
  • Furnished
  • Dressing room
  • Fully furnished
  • Built-in closet
  • Sauna
  • Hot tub
  • Tap water

Indoor facilities

  • Children's playroom
  • Restaurant
  • Heating system
  • Housemaid 24/7
  • Laundry
  • SPA center
  • Private Gym
  • Garage

Outdoor features

  • CCTV
  • Security
  • Car park
  • Gardener
  • Garden
  • Swimming pool
Pattaya - Statistics
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ParametersPattaya
Rent Per Month
Apartment (1 bedroom) in City Centre฿ 17 688.40
Apartment (1 bedroom) Outside of Centre฿ 11 022.98
Apartment (3 bedrooms) in City Centre฿ 37 630.56
Apartment (3 bedrooms) Outside of Centre฿ 23 458.64
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre฿ 83 285.71
Price per Square Meter to Buy Apartment Outside of Centre฿ 57 000.00
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ParametersPattaya
Crime Index46.07
Cost of Living and Rent Index24.43
Purchasing Power Index34.23
Property Price to Income Ratio22.71
Safety Index53.93
Traffic CO₂ Index4711.22
Traffic Inefficiency Index103.11
Rent Index12.60
Health Care Index74.44
Groceries Index43.39
Pollution Index86.95
Traffic Commute Time Index22.39
Restaurant Price Index24.61
Climate Index74.96
Cost of Living Index33.81
Quality of Life Index100.17
Traffic Index105.92
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ParametersPattaya
Restaurants
Meal, Inexpensive Restaurant฿ 120.00
Meal for 2 People, Mid-range Restaurant, Three-course฿ 1 000.00
McMeal at McDonalds (or Equivalent Combo Meal)฿ 270.00
Domestic Beer (0.5 liter draught)฿ 80.00
Imported Beer (0.33 liter bottle)฿ 80.00
Coke/Pepsi (0.33 liter bottle)฿ 26.45
Water (0.33 liter bottle) ฿ 12.26
Cappuccino (regular)฿ 69.74
Markets
Milk (regular), (1 liter)฿ 56.74
Loaf of Fresh White Bread (500g)฿ 43.92
Eggs (regular) (12)฿ 74.65
Local Cheese (1kg)฿ 582.50
Water (1.5 liter bottle)฿ 19.25
Bottle of Wine (Mid-Range)฿ 600.00
Domestic Beer (0.5 liter bottle)฿ 58.48
Imported Beer (0.33 liter bottle)฿ 60.38
Cigarettes 20 Pack (Marlboro)฿ 150.00
Apples (1kg)฿ 100.89
Chicken Fillets (1kg)฿ 108.84
Oranges (1kg)฿ 70.00
Potato (1kg)฿ 57.00
Lettuce (1 head)฿ 54.17
Rice (white), (1kg)฿ 47.57
Tomato (1kg)฿ 45.00
Banana (1kg)฿ 45.56
Onion (1kg)฿ 40.67
Beef Round (1kg) (or Equivalent Back Leg Red Meat)฿ 437.50
Transportation
One-way Ticket (Local Transport)฿ 10.00
Monthly Pass (Regular Price)฿ 600.00
Gasoline (1 liter)฿ 41.20
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)฿ 850 000.00
Taxi Start (Normal Tariff)฿ 45.00
Taxi 1km (Normal Tariff)฿ 45.00
Taxi 1hour Waiting (Normal Tariff)฿ 110.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)฿ 879 000.00
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment฿ 2 601.86
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)฿ 602.05
฿ 483.40
Salaries And Financing
Average Monthly Net Salary (After Tax)฿ 15 445.06
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate5.67
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult฿ 1 411.11
Tennis Court Rent (1 Hour on Weekend)฿ 551.33
Cinema, International Release, 1 Seat฿ 225.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)฿ 1 008.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)฿ 640.00
1 Pair of Nike Running Shoes (Mid-Range)฿ 3 125.00
1 Pair of Men Leather Business Shoes฿ 1 440.00
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child฿ 11 250.00
International Primary School, Yearly for 1 Child฿ 300 000.00
Data are provided by Numbeo.com and are based on its users survey. Thailand-real.estate can not guarantee the validity of these data.
Contact the seller
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CityPattaya
DistrictJomtien Beach
TypeHotel
Bedrooms2
Living space47.6 m²
  • sq. ft
Land area8800 m²
  • sq. ft
Price
  • Price
  • per m²
฿ 3 801 000
  • THB ฿
  • USD $
  • EUR €
  • RUB ₽
  • GBP £
Seller
Patrick Lusted
Managing Director