Developer Payment Plans / Installment Purchase
City Garden Tower
Pattaya, Thailand
About This Property
City Garden Tower is a completed condominium by Global Top Group, located in the Jomtien area of Pattaya. The building sits near the intersection of Pattaya South Road and 3rd Road, close to the beach, Pratumnak Hill, Bali Hai Pier, and the city's dining, shopping, and nightlife options. The project offers 1-bedroom units. Construction is already complete, so buyers can move in or rent out the property without waiting for a handover date. Building amenities include: • Gym • Sauna • Swimming pool • Garden • Lobby area The location is popular with both residents and renters, making it a practical option for full-time living or a lock-and-leave second home.
Opportunity Terms
- Starting Price
- $116,964
- Handover Quarter
- Q3 2018
- Payment Plan Summary
- 3-step installment plan
- 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 | % | Amount | When Due |
|---|---|---|---|
| Reservation | — | THB 100,000 | Reservation |
| 1st instalment | 30% | THB 1,155,000 | 1st instalment |
| 2nd Instalment | 70% | THB 2,695,000 | 2nd Instalment |
Investment Estimate
Provider-supplied projections for the default unit configuration.
Est. Monthly Rent
THB 32,000
Est. Monthly Income
THB 22,000
Est. Annual Income
THB 262,000
Gross Yield
9.5%
Net Yield
6.8%
Est. 5-Year Value
THB 5,152,000
Est. 5-Year ROI
68%
Assumptions
Provider default: purchase price 3,850,000, 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.
$116,964
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