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Property description
A studio apartment on the 5th floor of a condominium Sea Heaven - phase 2.1 that was completed in May 2023. The apartment is fully furnished, and a furniture package is offered as a gift. The windows overlook tropical greenery, facing north-east. The condominium has been completed, which is why the following payment plan is offered: - deposit - 200,000 THB (approximately $5,700) - within 30 days - 50% of the total cost - upon ownership registration - 50% of the total cost Registration of the apartment under a leasehold: 1.1% The cost for freehold + 10,000 THB/sqm Registration of the apartment under freehold: 1.1% of the apartment's cost The project's management offers a unique opportunity not only to embrace the beach lifestyle of your dreams but also an investment program that provides long-term passive income. The owner of the apartment is offered the following investment program for passive income over 10 years: - from the first year to the fifth year: a guaranteed rental yield program of 7% with the right to personal usage for 30 days per year. - from the sixth year to the tenth year: a rental pool program with a 60/40 split of the actual income in favor of the owner. Profits will be paid to the owner every 6 months. It is possible to opt-out of the investment program and use the apartment for personal residence.