Developer Payment Plans / Installment Purchase
Paradise Ocean View
Pattaya, Thailand
About This Property
Paradise Ocean View is a completed condo project by Global Top Group in the Naklua area. Units are ready for immediate occupancy. The development offers 1 and 2-bedroom apartments with private balconies and sea views. Interiors include built-in kitchen and bathroom fittings, air conditioning, and a water heater. Furniture packages are available as an option for a move-in ready setup. On-site amenities include a swimming pool, Jacuzzi, garden, sauna, rooftop deck, and a fitness center. The building is equipped with Wi-Fi and CCTV security. Located in a popular beach district, the property is suitable both for personal use and for rental purposes.
Opportunity Terms
- Starting Price
- $244,562
- Handover Quarter
- Q4 2014
- 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
- 4.9%
Payment Schedule — Active plan
| Milestone | % | Amount | When Due |
|---|---|---|---|
| Reservation | — | $3,028 | Reservation |
| 1st instalment | 30% | $73,122 | 1st instalment |
| 2nd Instalment | 70% | $170,618 | 2nd Instalment |
Investment Estimate
Provider-supplied projections for the default unit configuration.
Est. Monthly Rent
$969
Est. Monthly Income
$666
Est. Annual Income
$7,933
Gross Yield
4.5%
Net Yield
3.3%
Est. 5-Year Value
$326,189
Est. 5-Year ROI
50%
Assumptions
Provider default: purchase price 8,050,000, 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.
$244,562