Studio in the сondo for sale in Pattaya, Thailand: 29 sq.m., № 29670

Property description

PROMOTION: Rent Guarantee of 6% Per Year for 3 Years with Hotel Profit Share after 3 years.

Ramada Mira North Pattaya is the ideal purchase for investors searching for an effective income property with guaranteed rent returns – fully furnished and ready to go. Ramada Mira North Pattaya is positioned in a superb location in the heart of Central Pattaya just 500m from the new Terminal 21 Shopping Centre. Ramada is a major hotel management company brand with 9,000 hotels worldwide who have a 30 year lease agreement to operate this building as a hotel. Buyers will receive 100% freehold status on the property with a guaranteed rental return of 6% per year for the first 3 years after completion. After this initial 3 year guarantee period is over, the collective profit of the hotel (rooms, restaurants, bar etc..) will be split on a unique profit share basis: 70% / 30% in the owner’s favour. After the 30 year hotel lease there will be an owner’s vote to determine the future use of the building (hotel, residence etc.

.). Owners at Ramada Mira North Pattaya will receive 14 days free stay per year under this investment scheme.

DISCOUNTS:

•Pay 50% upfront receive 3% of the 50% deposit as discount (this does not affect the contract price or the rental calculation price)

•Pay 100% upfront, receive 3% discount on the total price on the same terms and also receive a 5% return per year during the construction process ( 2 Years / 10% total)

•First 3 Years of Maintenance Fee – Free of Charge

Ramada is a large multinational hotel chain owned by Wyndham Worldwide. They operate nearly 850 full-service hotels in 65 countries. Ramada is the preferred choice of world travelers. With the most hotels located near airports than any other brand, Ramada pairs convenient travel with attentive service, regionally inspired designs and a distinctive pops-of-red decor add a personal touch to ensure a memorable stay. Ramada Mira North Pattaya is the perfect partnership for a successful investment in Pattaya, Thailand.

Units available at Ramada Mira North Pattaya are available in two types and will be delivered fully furnished inclusive of the price: Studio (29m2 – 45m2) and 1 Bedroom (55m2). The facilities offer holiday goers everything they need for a resort vacation including: Restaurant/Bar, Swimming Pool, Fitness Centre, Gardens, Lounge Areas and more….

Enquire now while stock lasts!

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Parameters	Pattaya
Rent Per Month
Apartment (1 bedroom) in City Centre	฿ 18 144.68
Apartment (1 bedroom) Outside of Centre	฿ 11 218.23
Apartment (3 bedrooms) in City Centre	฿ 45 833.33
Apartment (3 bedrooms) Outside of Centre	฿ 22 950.55
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

Parameters	Pattaya
Crime Index	45.84
Cost of Living and Rent Index	25.21
Purchasing Power Index	35.58
Property Price to Income Ratio	23.33
Safety Index	54.16
Traffic CO₂ Index	4711.22
Traffic Inefficiency Index	101.03
Rent Index	14.56
Health Care Index	74.58
Groceries Index	41.07
Pollution Index	86.95
Traffic Commute Time Index	22.39
Restaurant Price Index	24.44
Climate Index	74.96
Cost of Living Index	33.47
Quality of Life Index	100.29
Traffic Index	105.81

Parameters	Pattaya
Restaurants
Meal, Inexpensive Restaurant	฿ 100.00
Meal for 2 People, Mid-range Restaurant, Three-course	฿ 1 000.00
McMeal at McDonalds (or Equivalent Combo Meal)	฿ 299.00
Domestic Beer (0.5 liter draught)	฿ 80.00
Imported Beer (0.33 liter bottle)	฿ 80.00
Coke/Pepsi (0.33 liter bottle)	฿ 29.26
Water (0.33 liter bottle)	฿ 11.67
Cappuccino (regular)	฿ 73.25
Markets
Milk (regular), (1 liter)	฿ 55.47
Loaf of Fresh White Bread (500g)	฿ 44.37
Eggs (regular) (12)	฿ 76.70
Local Cheese (1kg)	฿ 507.50
Water (1.5 liter bottle)	฿ 19.01
Bottle of Wine (Mid-Range)	฿ 600.00
Domestic Beer (0.5 liter bottle)	฿ 58.19
Imported Beer (0.33 liter bottle)	฿ 71.25
Cigarettes 20 Pack (Marlboro)	฿ 150.00
Apples (1kg)	฿ 102.78
Chicken Fillets (1kg)	฿ 98.60
Oranges (1kg)	฿ 62.50
Potato (1kg)	฿ 47.91
Lettuce (1 head)	฿ 46.25
Rice (white), (1kg)	฿ 41.78
Tomato (1kg)	฿ 44.67
Banana (1kg)	฿ 43.89
Onion (1kg)	฿ 39.25
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	฿ 316.57
Transportation
One-way Ticket (Local Transport)	฿ 10.00
Monthly Pass (Regular Price)	฿ 600.00
Gasoline (1 liter)	฿ 42.28
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	฿ 2 512.55
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	฿ 585.76
	฿ 458.23
Salaries And Financing
Average Monthly Net Salary (After Tax)	฿ 15 031.18
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.67
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	฿ 1 425.00
Tennis Court Rent (1 Hour on Weekend)	฿ 551.33
Cinema, International Release, 1 Seat	฿ 250.00
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)	฿ 3 155.56
1 Pair of Men Leather Business Shoes	฿ 1 425.00
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	฿ 9 500.00
International Primary School, Yearly for 1 Child	฿ 300 000.00

Studio in the Condo in Pattaya, Thailand № 29670

Property description

Features

Indoor facilities

Outdoor features