Developer Payment Plans / Installment Purchase
The Once Wongamat
Pattaya, Thailand
About This Property
The Once Wongamat is a new condominium project by Honour Group located in Naklua, in the Wongamat area of North Pattaya. This part of town is known for a calmer, more coastal feel while still being close to city conveniences. The building's architecture takes cues from the ocean, with shaded facades, green terraces and open-air spaces designed to keep interiors cooler and living more comfortable. Amenities at the project include a lobby area, lounge, swimming pool, cooldown and stretching area, yoga area, kids' pool, kids' zone, garden, golf simulator, gym, co-working space, game zone and sauna. Units range from 1 to 3 bedrooms, with sizes from 34.3 to 408.87 sqm. Prices start from THB 8,400,000. The project is currently at pre-construction stage. Wongamat sees strong ongoing demand for quality homes near the sea, which supports the area's long-term ownership appeal.
Opportunity Terms
- Starting Price
- $255,195
- Payment Plan Summary
- 4-step installment plan. Additional variants available: Payment Plan · 1 bed corner, Payment Plan · 1 bed veranda, Payment Plan · 2 bed, Payment Plan · 3 bed. Ask Eden Lane for details.
- Unit Types Summary
- 1 Bedroom from 34 m² · 2 Bedrooms from 74 m² · 3 Bedrooms from 123 m² · 5 Bedrooms from 408 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 bed
| Milestone | % | Amount | When Due |
|---|---|---|---|
| Reservation | — | THB 200,000 | Reservation |
| Contract payment within 14 days from the booking date | 30% | THB 2,520,000 | Contract payment within 14 days from the booking date |
| Instalment | 30% | THB 2,520,000 | Instalment |
| Transfer | 40% | THB 3,360,000 | Transfer |
Unit Variations
1 Bedroom
$255,195
2 Bedrooms
$574,523
3 Bedrooms
$1,034,179
5 Bedrooms
$4,319,817
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 270,000
Gross Yield
4.3%
Net Yield
3.2%
Est. 5-Year Value
THB 11,241,000
Est. 5-Year ROI
50%
Assumptions
Provider default: purchase price 8,400,000, 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.
$255,195