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The Park Pattaya,
Jomtien Beach
A True Investment Opportunity
Hi-End, Low-Rise condominium designed to blend into the lush tropical environment.

A very convenient location in close proximity to Jomtien Beach and minutes from Pattaya.

properties for sale in Pattay
Get discounted prices on the lease units. First buildings completed this summer. A great bargain in consideration of the location and the property’s quality.

Benefits
  • Superb location with great sea views (3rd floor) only 800 meters to the beach
  • Highly profitable investment with high rental guaranties and large capital gains expected
  • Great sea views (3rd floor) from most apartments
  • Lush and private surroundings, a true park in itself
  • Close to Pattaya City, yet very tranquil and private
Seaside living & solid investment opportunity!
Property and pricing
  • 136 Apartments: 1 and 2 bedrooms
    117 to 145 sqm total living area including terraces
    Located 800 m from Jomtien Beach, the seaside restaurants and all local attractions city
  • Prices starting at:
  Sqm THB EUR USD
1 bedroom condo 117 6,084,000 126,750 173,829
2 bedrooms condo 145 7,540,000 157,083 215,429
Indicative Exchange Rate: 1 EUR = 48 THB / 1 USD = 35 THB – Prices are quoted in THB

Further details about the property
  • 40,000 sqm gated property with mature lush gardens and large ponds
  • Apartments fitted with high-end furnishings in modern interior designs
  • Resort facilities include: large infinity swimming pool, tennis courts, spa, fitness center, jogging track and restaurant
  • Modern interior designs and furnishings plus “Smart Home" technology in all units provide a very comfortable lifestyle
  • Buildings 1 & 2 to be delivered 03-04 2008 - Building 3 to be delivered Q1 2009
Financial potential
  • 10% guaranteed rental return over the first 2 years OR 8% guaranteed over the first 4 years
  • Projected capital appreciation: at least 9% per year over time
  • Professional management company and rental program
    Click here for more information
Location & Surroundings
  • Jomtien's ocean-front community is adjacent to Pattaya city yet very tranquil, private and perfect for families
  • Private gated property close to the beach
  • Close proximity to Bangkok and just 1-hour drive to the International Airport
    Click here for more information
Payment terms - Additional purchase costs - Ongoing costs - Legal matters
  • Payment terms:

    • Reservation Fee: 250,000 THB (5,000 EUR – 7,800 USD). 2-week deadline to return all properly executed legal documents along with full down payment. Following staged payments are to occur as construction progresses.

  • Additional costs:

    • Transfer & Registration Fee: 0.01% based on the purchase price for freehold units. 1.10% based on value of lease for long-term lease units. (Both the seller and the buyer equally share this cost)
    Income tax: 1.00% of the purchase price. (Both the seller and the buyer equally share this cost)
    Business Tax: 0.11% of the purchase price. (Both the seller and the buyer equally share this cost) )
    One time Sinking Fund Fee: 475 THB per sqm.

  • Ongoing costs:

    • Monthly Maintenance Fee: 33 THB per sqm approximately. To be paid one year in advance.

  • Legal matters:

    • The Development provides 100% freehold foreign ownership and long-term leasehold for condominiums. Pursuant to Thai property law, Foreigners may have a freehold ownership over a unit in a condominium. However, condominium units owned by a foreigner shall not exceed 49% of the total space of the condominium project. Other restrictions may apply. A non-Thai owner of a freehold condominium unit may transfer the property to other Foreigners. The remaining 51% will be sold to Foreigners with a registered 30-year leasehold title, which is allowed by Thai Law in the name of Foreigners, renewable for two additional 30-year periods. Thai nationals or majority owned (51%). Thai companies are allowed to possess freehold ownership on all units.

  • Disclaimer:

    • The information and figures presented above are believed to be accurate but cannot be guaranteed. They are intended for the purpose of projection and analysis and should not be used for the preparation of income tax returns.
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