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Property description
Studio apartment on the 2nd floor of Sea Heaven Condominium - Phase 2.2. The apartment is fully furnished, and a furniture package is offered as a gift. The windows of the apartment offer a view of the swimming pool. Construction of the condominium will begin in 2023, Q3, and will be completed in 2025, Q4. During the construction period, an interest-free installment plan is offered with the following payment schedule: - 200,000 THB (approximately $5,700) - deposit - 30% - upon contract signing, within 30 days - 25% - foundation pouring phase (2023, Q4) - 25% - completion of construction phase (2024, Q2) - 20% - upon property registration (2025, Q4) The registration of the apartment will be in leasehold - full private ownership. The registration fee for leasehold is 1.1% of the apartment's value. The freehold option can be chosen at an additional cost of +10,000 THB per square meter. The registration fee for freehold is 1.1% of the apartment's value. The project's management offers a unique opportunity not only to fulfill the beach lifestyle of your dreams but also an investment program that provides long-term passive income. The apartment owner is offered the following investment program for passive income over 10 years: - from the first to the fifth year: a guaranteed return program of 7% with the right to personal use for 30 days per year. - from the sixth 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. The investment program can be declined, and the apartment can be used for personal living.