
Albar Peninsula Condo Pattaya For Sale – ALBAR06
Best Price 3,032,000THB - 360, Condominium
33.87 Sqm 1 Bedroom with City Views in Albar Peninsula Ban Amphur Condo For Sale – Prime near beach location…

33.87 Sqm 1 Bedroom with City Views in Albar Peninsula Ban Amphur Condo For Sale – Prime near beach location…
28.69 Sqm Studio with City Views in Albar Peninsula Ban Amphur Condo For Sale – Prime near beach location with…
47.60 Sqm 2 Bedroom with Garden Views in Albar Peninsula Ban Amphur Condo For Sale – Prime near beach location…
33.72 Sqm 1 Bedroom with City Views in Albar Peninsula Ban Amphur Condo For Sale – Prime near beach location…
28.69 Sqm Studio with City Views in Albar Peninsula Ban Amphur Condo For Sale – Prime near beach location with…
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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.
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.