Luxury Lifestyle & leisure choice
Utility – Business travel, Children’s education, Healthcare and Medical Facilities.
Alternate Investment Avenue – International residential property is seen to deliver comparatively more value for money than some of the Indian metropolitan cities
For Higher Returns and Rental Yield.
Regulatory Body governs Real Estate Laws and Protect Customers.
Options of getting Permanent Residence and eventually settling abroad.
Ease of Payment – The procedure to transfer money into Thailand and later the Repatriation of fund is simpler comparative to several other countries.
Top tourism destination in South East Asia with 28 million+ air arrivals in 2015, and 30% growth YTD.
Second largest Economy in South East Asia with GDP forecasting in between 5%-5.5% .
Part of ASEAN (Head Quarters at Pattaya, Thailand). Combined GDP more than USA. – Thailand, Philippines, Singapore, Malaysia, Indonesia, Laos, Cambodia, Vietnam, Brunei, Myanmar.
Economy is export-dependent, with exports accounting for 60% of a GDP - approximately USD 270 billion.
Described by the World Bank as “one of the great development success stories” for its progress in social and economic development, the country remains on an upward trajectory.
Thailand is known for Real estate investment trusts or REIT which is picking up rapidly. Its origin is in the financial tool known as a type one PFPO (property fund for public offering), which was introduced in response to problems caused by the 1997 financial crisis.
Seventh lowest unemployment rate in the world, and only 10% of the population living below the poverty line, this is a economically developed nation.
Supportive FDI Policies attracting Foreign Investors
Easy Visa and Immigration Norms.
Thailand’s premier tourism destination. More than 12 Million Visitors every year, highest in the world. More than 100 Tourist Destinations and 16 Golf Courses.
Home to U-Tapao International Airport and 1.5 hrs (120 kms) from Bangkok International Airport.
The Board of Investment is regularly approving new projects within and around the boundaries of Pattaya, consequently attracting more employees to the city
Part of Eastern Corridor where the maximum investment on Industrialization and Infrastructure is fetched
Sparkling White Sand Beached, Adventure Sports, Massage and World Class Dining attracts innumerable Tourists.
Home to more than 400,000 Expatriates across the Globe. Excellent Life Style with top class Medical and Education facilities at economical prices compared to rest of the world.
Newly Developed Market with several new Condominium Projects and Hospitality Ventures.
Bang Sarai will continue to be the main player in the Pattaya condominium market, particularly in the mid-range to low-end sectors.
Close to Uttapao Airport which has started flights to various International Destinations.
Several tourist destinations in the vicinity namely the famous Pattaya Floating Market, Cartoon Network Water Park, Silver Lake Vineyard, Under Water Aquarium, Dolphin Show etc.
Vicinity to famous Golf Courses like Phoenix Golf Club and Sattahip Goft Club.
Bang Sarai Beach is the most Serene Beach of Pattaya and is just 1.4 Kms from the Project.
Global investment interest with buyers comprising nationalities from around the world as well as Local Thai.
High Rental Yield and Property Appreciation.
Foreigners cannot buy a land but can purchase free hold Condominiums in Thailand.
Low risk investment and large profit potential.
Price Growth of 10% Year on Year over the last 8 years.
Highest net Rental Yield in the World – 8% to 10% per Annum.
Ready Units
Size of Each Unit : 375 Sq Ft
Fully Furnished Condominiums
Free Hold Ownership
8% Assured Rental for 3 Years Post Possession
1.4 Kms from the Serene Bangsarai Beach
375 SqFt
Air Conditioner
32” Television
Refrigerator
Microwave
Water heater
Modular Kitchnette
Queen Size Bed
Mattress and Pillow
Cupboard
Dressing Mirroe
Dining Table with Chair
Curtains
False Ceiling
Swimming pool
Gymnasium
Artificial Pond
Laundry and House keeping
WIFI and Internet Services
24 hour security Services
Doctor on Call
Travel Desk
| Unit type | Size | Price (GRP) | ASSURED MONTHLY RENT (GBP) |
|---|---|---|---|
| STUDIO UNITS | 375 sq ft | 75,000 | 500 |
Unit type
STUDIO UNITS
Size
375 sq ft
Price (GRP)
75,000
ASSURED MONTHLY RENT (GBP)
500
| ADDITIONAL CHARGES | IN GBP |
|---|---|
| Registration Cost (3.3%) | 2030 |
| Corpus / Sinking Fund | 884 |
| Electricity & Water Meter | 500 |
| Bank Certificate for Foreign Exchange | 750 |
| Legal Charges | 250 |
| Maintenance Charges / Month | 25 |
ADDITIONAL CHARGES
Studio units
Registration Cost (3.3%)
Corpus / Sinking Fund
Electricity & Water Meter
Bank Certificate for Foreign Exchange
Legal Charges
Maintenance Charges / Month
IN GBP
2030
884
500
750
250
25
Can the property be jointly owned?
No. However for multiple owner, it is preferred to purchase the condominium under a company name in which all the Directors are the co-owner of the Property.
What is the Booking and Registration Process?
The Units are ready and Completed. After the Booking payment of 30%, Developer Buyer Contract shall be executed. On Receipt of full payment, the occupancy certificate and title Deed shall be handed over to the Buyer by the Municipality Corporation of Pattaya (City Hall Administration).
How is the Investor protected for his investment?
All Condominiums are governed and regulated by the City Hall Administration. Acts similar to RERA is in place since 2008 since the New Condominium Act came into place in 2008. ( BE 2552 (1979) as amended in 2008)
The entire Construction process is monitored by the City Hall Administration stage wise as per the Blue Print issued at the time of Commencement of Construction.
