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Global Properties

Studio in the Condo in Pattaya, Thailand No. 2425

$ 132 685
$ 4 575 per m²
Studio Rooms
1 Bathrooms
29 Living space, m²
Pattaya, Thailand
Parameters
Rooms
Studio
Bathrooms
1
Living space, m²
29
ID
2425
Type
Condominium
Completion date
IV quarter, 2021
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!
Features
Features
  • Fully furnished
  • Rental license
Indoor facilities
  • Reception
Outdoor features
  • Security
  • Garden
  • Swimming pool
Statistics Pattaya
$ 2 938
Price per m²
97
Quality of Life Index
38
Cost of living Index
Parameters
[:second_city:]
Pattaya
Difference
Monthly Rent Cost
1-Room Apartment
$ 576
2-Room Apartment
$ 363
Apartment Purchase Price per m²
In the City Center
$ 2 938
Outside the City Center
$ 1 959
Crime Index
46
Cost of Living and Rent Index
28
Purchasing Power Index
34
Property Price to Income Ratio
26
Safety Index
54
Traffic CO₂ Index
4582
Traffic Inefficiency Index
99
Rent Index
15
Health Care Index
75
Groceries Index
42
Pollution Index
87
Traffic Commute Time Index
22
Restaurant Price Index
27
Climate Index
75
Cost of Living Index
38
Quality of Life Index
97
Traffic Index
104
Restaurants
Meal, Inexpensive Restaurant
$ 3.18
Meal for 2 People, Mid-range Restaurant, Three-course
$ 31.76
McMeal at McDonalds (or Equivalent Combo Meal)
$ 8.58
Domestic Beer (0.5 liter draught)
$ 2.38
Imported Beer (0.33 liter bottle)
$ 2.78
Coke/Pepsi (0.33 liter bottle)
$ 0.88
Water (0.33 liter bottle)
$ 0.35
Cappuccino (regular)
$ 2.20
Markets
Milk (regular), (1 liter)
$ 1.68
Loaf of Fresh White Bread (500g)
$ 1.42
Eggs (regular) (12)
$ 2.22
Local Cheese (1kg)
$ 16.11
Water (1.5 liter bottle)
$ 0.53
Bottle of Wine (Mid-Range)
$ 17.47
Domestic Beer (0.5 liter bottle)
$ 1.80
Imported Beer (0.33 liter bottle)
$ 3.07
Cigarettes 20 Pack (Marlboro)
$ 4.62
Apples (1kg)
$ 3.41
Chicken Fillets (1kg)
$ 2.84
Oranges (1kg)
$ 1.86
Potato (1kg)
$ 1.40
Lettuce (1 head)
$ 1.50
Rice (white), (1kg)
$ 1.37
Tomato (1kg)
$ 1.82
Banana (1kg)
$ 1.42
Onion (1kg)
$ 1.13
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 9.76
Transportation
One-way Ticket (Local Transport)
$ 0.32
Monthly Pass (Regular Price)
$ 20.96
Gasoline (1 liter)
$ 1.35
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 48 785
Taxi Start (Normal Tariff)
$ 1.43
Taxi 1km (Normal Tariff)
$ 1.18
Taxi 1hour Waiting (Normal Tariff)
$ 3.81
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 28 394
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 90.45
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 19.77
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 12.39
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 476
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 47.11
Tennis Court Rent (1 Hour on Weekend)
$ 21.12
Cinema, International Release, 1 Seat
$ 8.26
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 40.89
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 27.46
1 Pair of Nike Running Shoes (Mid-Range)
$ 96.62
1 Pair of Men Leather Business Shoes
$ 75.70
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 575
International Primary School, Yearly for 1 Child
$ 15 257
Contact seller
Contact seller

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