Albar Peninsula Ban Amphur Condos For Sale & Rent

Albar Peninsula Ban Amphur

Albar Peninsula Ban Amphur is scheduled to be completed in Qtr 2, 2022 by the Albar Peninsula Co.,Ltd., and is situated on a prime 5 Rai, 2 Ngan/ 8,800 Square Meter near beach plot of land in Na-Jomtien with direct beach access to Ban Amphur Beach via a cantilevered footbridge and footpath. The project is comprised of 686 individual fully decorated apartments ranging from entry level 23 to 29 square meter studios, followed by larger 33 to 39 square meter, 1 bedroom apartments and even larger 43 to 65 square meter, 2 bedroom apartments with private jacuzzi’s on the balconies spread across 4, low-rise, 8 storey buildings which are strategically positioned around a lavish lagoon style pool and water-park set amongst a stunning landscaped garden. Other amenities include 2 fully-equipped gymnasiums, 1 onsite restaurant, 4 rooftop gardens and 2 hotel-like double ceiling lobbies with both a lounge and reception desk. Other amenities include a mixture of 36 covered car-parks and 90 open-air car-parks together with 24 Hour security and CCTV cameras.

The project is to be managed by the “Radisson Hotel Group” as a going hotel concern with customers being offered a guaranteed 6% annual return for up to 10 Years.

So how does this investment scheme work? In essence one is simply buying a condo with a freehold title much like any other condo. If you’re looking to purchase a condo for personal use, then this investment is not for you. However if you’re looking to buy an income generating rental investment property, then this may prove to be an ideal solution for you minus the property management headaches. This is a totally hands free, hassle free investment which will generate you a 6% annual guaranteed return on your investment over the first 10 Years and 15 Days Free Stay (within the same apartment type which you’ve purchased) in the hotel complex per Year.

Furthermore, if both the hotel management chain and a majority of co-investors are in agreement, the parties can extend the existing agreement for further 10 Years, followed by yet another 10 Years for a total lease period of up to 30 Years whereupon each and every apartment will be redecorated and renovated before being returned back to their respective individual investors under freehold title.

 Key communal features of Alba Peninsula Ban Amphur:

• Communal swimming pool with a library and pavilion set amongst a lust tropical landscaped garden with meandering walkways.
• 2 Double storey hotel-like lobby, lounge and reception desk (Building A & B).
• 1 Fully-equipped fitness centre on the 1st Floor (Building A).
• 1 Fully-equipped fitness centre on the 3rd Floor (Building B).
• Infinity-edged swimming pool on the 3rd Floor (Building B).
• 2 Sky Gardens on the 8th Floor (Building A & B).
• 1 Restaurant on the 1st Floor serving both Thai & Western cuisine (Building B).
• 1 Meeting room on the 3rd Floor (Building B).
• Direct beach access via a cantilevered foot-bridge.
• On-site room service and house-keeping services at commercial rates (Buildings A, B, C & D).
• 2 High-speed passenger lifts in each of the 4 buildings.
• 1 High-speed service lift in each of the 4 buildings.
• Rooftop gardens in each of the 4 buildings.
• 24 Hour security with CCTV cameras and key-card access.
• 129 Covered and outdoor car-parking spaces.

 Key features of the individual units in Alba Residence Ban Amphur:

• Ultra luxurious bathroom(s) with integrated “marble-like” sink counter-top(s), white matching under-sink cabinet(s) and back-lit vanity mirror(s) together with shower(s) and tempered glass shower enclosure(s).
• Fitted wardrobes with internal shelves and drawers.
• Fully stocked mini bar(s). Kitchen Pantries with stainless-steel, recessed sink(s) are included in the larger units.
• Fully-furnished luxury furniture package with high quality soft furnishing(s), curtain(s) and electrical appliance(s).
• High quality ceiling mounted air-conditioner(s) in every apartment, being 1 in a studio, 2 in a 1 bed and 3 in a 2 bedroom apartment.
• High quality laminate and/or 60cm*60cm “faux” marble ceramic floor tiles in every apartment.
• Private balcony with safety-glass balustrades for optimal sea or pool/garden or city views in every apartment.
• 6% Rental guarantee per annum for 10 Years (Post Completion).
• Professional on-site property management by the internationally branded “Radisson Group”.
• Complimentary free stay for 15 Days per Year within the “Alba Peninsula Ban Amphur”.
• 10 Years free maintenance for a limited time only.

 Condo sizes and price ranges in Alba Peninsula Ban Amphur:

• Studio Apartments Type A: 23 to 29 Square Meters/247 to 312 Square Feet. (1,898,000THB<)
• 1 Bedroom Apartments Type B: 33 to 39 Square Meters/355 to 419 Square Feet. (2,520,000THB<)
• 2 Bedroom Apartments Type C: 43 to 65 Square Meters/462 to 699 Square Feet. (3,482,000THB<)

 Proximity to attractions in Pattaya and beyond:

• Ban Amphur Beach: 5-Minutes (Walking).
• Cartoon Network Water Park & Nong Nooch Tropical Gardens: 10-Minutes (Car).
• Bang Saray Beach: 10-Minutes (Car).
• Silver Lake Vineyard, Golden Buddha Mountain & Ramayana Water Park: 15-Minutes (Car).
• Queen Sirikit Hospital: 20-Minutes (Car).
• Central Festival Shopping Centre & Pattaya Beach: 20-Minutes (Car).
• U-Tapao International Airport: 25-Minutes (Car).
• Bangkok: 100-Minutes (Car).

Completion Status

Albar Peninsula Ban Amphur is expected to start in Qtr 3, 2020 and is scheduled to be completed by the end of Qtr 2, 2022.

Additional Details

• E.I.A Approved: Approved.
• Developer: Albar Peninsula Co.,Ltd
• Professional Hotel Management: Park Inn by Radisson Hotel Group.
• Total No. of Floors: 8 Floors, 4 Buildings.
• Total No. of Units: 686 Units.
• Total No. of Car Parks: 129 Car Parks.
• Project Land Size: 5 Rai 2 Ngan / 8,800 Square Meters.
• Floor Height: 2.8 Meters.
• Sinking Fund: 600THB Per Square Meter (One-time only).
• Maintenance Fee: 50THB Per Square Meter Per Month (Ongoing) Payable 1 Year in Advance.
• Water & Electric Meter Security Deposit: 10,000THB (Estimated).
• Transfer Taxes: 2% Transfer Fee Split 50/50 Between Buyer & Seller. Stamp Duty, Special Business & With-holding Tax Paid by Seller.
• Completion Date: Qtr 02, 2022.