Developer Payment Plans / Installment Purchase
Grand Florida
Pattaya, Thailand
About This Property
Grand Florida is a completed condominium in Na Jomtien, Pattaya, located in Najomtien 18 with access to main highways and to U-Tapao and Bangkok airports. Units available include studios and 1-2 bedroom apartments, ranging from 23.57 to 75.83 sq.m. Prices start from 3,199,000 THB. On-site facilities include a gym, jogging track, swimming pool, game zone, lobby area, and lounge. The grounds include landscaped walkways. Na Jomtien is a beachside district with steady holiday demand, suitable for both personal use and rental. The development is by Blue Sky Group.
Opportunity Terms
- Starting Price
- $97,187
- Handover Quarter
- Q4 2020
- Payment Plan Summary
- 3-step installment plan. Additional variants available: Payment Plan · 2 bed. Ask Eden Lane for details.
- Unit Types Summary
- Studio from 24 m² · 1 Bedroom from 24 m² · 2 Bedrooms from 66 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
- 5.3%
- Amenities
- Fitness Center Jogging Track Swimming Pool Game Zone Lobby Area Lounge
Payment Schedule — Payment Plan · 1 bed
| Milestone | % | Amount | When Due |
|---|---|---|---|
| Reservation | — | THB 50,000 | Reservation |
| Sign contract within 14 days | 35% | THB 1,120,000 | Sign contract within 14 days |
| Balance on completion | 65% | THB 2,079,000 | Balance on completion |
Unit Variations
Studio
$99,648
1 Bedroom
$97,187
2 Bedrooms
$239,975
Investment Estimate
Provider-supplied projections for the default unit configuration.
Est. Monthly Rent
THB 32,000
Est. Monthly Income
THB 23,000
Est. Annual Income
THB 277,000
Gross Yield
11.4%
Net Yield
8.7%
Est. 5-Year Value
THB 4,281,000
Est. 5-Year ROI
77%
Assumptions
Provider default: purchase price 3,199,000, 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.
$97,187