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Developer Payment Plans / Installment Purchase

Seven Seas Cote d'Azur

Pattaya, Thailand

About This Property

Seven Seas Cote d'Azur is a completed condominium project in Jomtien, Pattaya, developed by Universal Group Thailand. The concept draws on the South of France, with a boulevard-style shopping promenade and beach club-style social areas built into the layout. Units range from studios to 3-bedroom apartments, sized from 24.11 to 98.42 m². Prices start from 2,367,552 THB. Construction is complete, so units are available for immediate move-in or rental. On-site amenities include a sauna, spa, gym, jogging track, restaurant, swimming pool, game zone, kids' zone, library, bar, co-working space and shops. The project also features a festival-style clubhouse and a giant chess playground for families. Given Pattaya's year-round tourism and steady demand for well-located resort residences, this project is worth considering both for personal use and rental income.

Opportunity Terms

Developer
Universal Group Thailand
Starting Price
$71,941
Handover Quarter
Q4 2018
Payment Plan Summary
3-step installment plan
Unit Types Summary
Studio from 24 m² · 1 Bedroom from 32 m² · 2 Bedrooms from 52 m² · 3 Bedrooms from 86 m²
Fees
Freehold (Condominium) (~2-6.3%): Transfer fee 2% + stamp duty 0.5% (or SBT 3.3% if seller held < 5 years) + withholding tax. Total burden varies; split between parties is negotiable Leasehold (Lease) (~0.55%): Registration fee - 1% of total lease value + 0.1% stamp duty. Effective buyer cost ~0.55% of purchase price
Projected Rental Yield
6%

Payment Schedule — Active plan

Milestone%AmountWhen Due
Reservation$3,028Reservation
Contract payment within 14 days from the booking date30%$21,498Contract payment within 14 days from the booking date
Final balance70%$50,171Final balance

Unit Variations

Studio

$71,941

24 m² · 258 sq ftHandover: Q4 2018

1 Bedroom

$91,749

1 bd32 m² · 344 sq ftHandover: Q4 2018

2 Bedrooms

$141,633

2 bd52 m² · 560 sq ftHandover: Q4 2018

3 Bedrooms

$224,572

3 bd86 m² · 926 sq ftHandover: Q4 2018

Investment Estimate

Provider-supplied projections for the default unit configuration.

Est. Monthly Rent

$969

Est. Monthly Income

$696

Est. Annual Income

$8,387

Gross Yield

15.4%

Net Yield

11.7%

Est. 5-Year Value

$95,922

Est. 5-Year ROI

92%

Assumptions

Purchase price: $71,699Occupancy: 95%Annual appreciation: 6%

Provider default: purchase price 2,368,000, monthly rent 32,000, occupancy 95%, annual appreciation 6%.

Provider/market-based estimates for informational purposes only. Actual rental income, occupancy, expenses, appreciation and returns may vary. Projections are not guaranteed.

Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

$71,941

Available International
1–3 Bedrooms
24–86 m² · 258–926 sq ft
Condo / Apartment