Developer Payment Plans / Installment Purchase
Riviera Palm Wongamat
Pattaya, Thailand
About This Property
Riviera Palm Wongamat is located on a quiet Soi 16 in Wongamat, one of Pattaya's beachside districts. It is a short walk to the beach and a few minutes from North Pattaya Road. The project includes two high-rise towers with sky terraces, pools, and lounge areas designed for sunset views. The grounds also include landscaped gardens, a children's club, and resort-style common areas. Amenities include: • Kids' Zone • Jacuzzi Pool • Gym • Garden • Lobby Area • Lounge • Swimming Pool • Kids' Pool • Playground Units available include 1, 2, and 3-bedroom apartments ranging from 40 to 239 sqm. The project is at the pre-construction stage, with prices starting from THB 7,060,000. Developed by Riviera Group, known for award-winning projects.
Opportunity Terms
- Developer
- Riviera Group
- Starting Price
- $214,485
- Payment Plan Summary
- 4-step installment plan. Additional variants available: Payment Plan · 2-bedroom, Payment Plan · 3-bedroom. Ask Eden Lane for details.
- Unit Types Summary
- 1 Bedroom from 40 m² · 2 Bedrooms from 61 m² · 3 Bedrooms from 104 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
- 10%
Payment Schedule — Payment Plan · 1-bedroom
| Milestone | % | Amount | When Due |
|---|---|---|---|
| Booking | — | THB 200,000 | Booking |
| Down payment | 20% | THB 1,412,000 | Down payment |
| Construction | 20% | THB 1,412,000 | Construction |
| Transfer | 60% | THB 4,236,000 | Transfer |
Unit Variations
1 Bedroom
$214,485
2 Bedrooms
$372,251
3 Bedrooms
$984,203
Investment Estimate
Provider-supplied projections for the default unit configuration.
Est. Monthly Rent
THB 46,000
Est. Monthly Income
THB 33,000
Est. Annual Income
THB 395,000
Gross Yield
7.4%
Net Yield
5.6%
Est. 5-Year Value
THB 9,448,000
Est. 5-Year ROI
62%
Assumptions
Provider default: purchase price 7,060,000, monthly rent 46,000, 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.
$214,485