Beverly Mountain Bay Pattaya Condos For Sale & Rent

Beverly Mountain Bay

Beverly Mountain Bay is situated on a prime 1.5 Rai/2,400 Square Meter plot of land alongside Pratumnak Soi 5 in the upmarket residential neighborhood of Pratumnak Hill. The project is comprised of 199 individual condos ranging in size from entry level 27 to 36 square meter studio apartments, followed by 35 to 37 square meter, 1 bedroom and even larger 43 to 67 square meter, 2 bedroom apartments spread across a single 22 story high-rise building.

The Developer is “Jantarapa Co.,Ltd” , which is a Chinese-Thai joint venture and relative new-comer to the local Pattaya residential condominium development scene. The company has already secured Environmental Impact Assessment (E.I.A) approval for Beverly Mountain Bay, and has signed a construction agreement with the “Cheng Long Construction Group”. Other properties owned by the Developer include “Tara Court Hotel” with it’s popular Irish themed “O’Garas Irish Bar & Grill” and “Arabella Villas” with it’s 10 luxurious villas.

“Jantarapa Co.,Ltd” is also a subsidiary of the “TCE Group of Thailand” who are mainly engaged in villa project management, hotel management, catering services and legal & consulting services. The TCE Group own the “Magna Carta” legal company on Pattaya Tai, as well as many industrial factories involved in foodstuffs (beef, chicken, seafood) and minerals (iron & sand), and last but not least the TCE Group also have several hotels on mainland China such the “Yiwu Ramada Plaza Hotel” and “Yiwu Kaixin”.

Construction is expected to start in Qtr 3, 2019 and the scheduled completion date is expected to be around Qtr 1, 2024. Furthermore, Beverly Mountain Bay will be professionally managed by the  “Wyndham Hotel Group”, who are major players on the international hospitality scene with over 18 globally recognized brands to their name, and more than 8,000 hotels and a total of 697,600 rooms in over 77 countries worldwide under management. So the pedigree and professionalism of both the Developer and the hotel management group are beyond dispute, and I personally can’t wait to see the project being completed.

Prospective investors can purchase off-plan apartments right now at preferential prices either for personal use i.e. you can simply move in on completion and enjoy the modern on-site 4 or 5 Star hotel conveniences such as on-site restaurants, room-service and maid & laundry services at competitive commercial rates.

Or you can purchase the off-plan apartments for strictly rental investment purposes. In this case you’d simply hand over the property management of your apartment(s) to the “Wyndham Hotel Group”.

So how does this rental investment scheme work? For starters this is a totally hands free, hassle free investment which will generate you a 6% Guaranteed Rental Return Per Annum when purchasing an apartment under Thai Quota, or potentially up to 6% Per Annum when purchasing an apartment under Foreign Quota over the first 3 Years.

After 3 Years, you can enjoy a passive income in a 70:30 profit sharing scheme i.e. 70% to you, and 30% to the Developer and hotel operator.

In addition, you’re entitled to 15 Days of Free Stay (excluding breakfast/Low Season) within the project per Year, plus Free Maintenance for the first Year.

In summary savvy rental investment investors will enjoy the following financial perks:

a)Free stay 15 Days (no breakfast) per Year during the low season. 

b) Guaranteed 6% (Thai Quota) or Potential 6% Returns per annum over 5 Years.

c) Opportunity to earn long term passive income from 70:30 profit sharing scheme from the 4th Year onwards.

d) Free maintenance for 5 Years.

The project will feature several upmarket amenities such as an infinity-edged sky pool on the 16th floor, and a sky gym and mini golf putting course on the 22nd floors. Other amenities will include 2 separate all day restaurants on the 2nd floor, a beautiful 2 story lobby on the 1st floor, as well as a whole host of other hotel services, which are comparable with a  4 or 5 Star hotel. As for the apartments themselves, each and every apartment comes with a luxury furniture package as standard, and includes such items as:

• Fitted Western kitchenette.
• Complimentary fridge/freezer, microwave, kettle, teapot, hob & extractor hood.
• Complimentary furniture package includes a dining table, sofa, bookcase, lamp, carpet, TV, king or queen sized bed and mattress.
• Fitted built in wardrobes in the main sleeping/bedroom areas.
• Finished bathroom(s) with a wash basin, mirror, toilet and shower.
• Complimentary hot-water heater in every bathroom.
• Private balconies with tempered glass balustrades for optimal city and sea views complete with outdoor furnishings.

Please note that rental investors will be required to purchase a mandatory hotel-ready package at the time of completion. This hotel-ready package will include such items as hand towels, coffee machines and slippers e.t.c. and we’re still waiting on the Developer to confirm pricing.

Key communal features of Beverly Mountain Bay:

• Luxurious hotel lobby, lounge and reception desk with 2 story high ceilings on the 1st Floor.
• 2 Uniquely themed on-site restaurants on the 2nd Floor accessible via a winding staircase from the lobby.
• Infinity-edged sky pool and sundeck on the 16th Floor.
• Sauna and Male & Female change-rooms with toilets, lockers and showers on the 16th Floor.
• Sky garden and outdoor relaxation area on the 19th Floor.
• Fully-equipped and air-conditioned sky gymnasium on the 22nd Floor.
• Outdoor mini golf putting range on the 22nd Floor.
• 2 High-speed passenger lifts and 1 high-speed service lift.
• 24 Hour security with CCTV cameras and key-card access.
• Outdoor and under-ground car-park.

Key features of the individual units in Beverly Mountain Bay:

• Panoramic floor to ceiling windows with spectacular city & garden views.
• Ultra luxurious bathroom(s) with solid surface sink counter-top(s), modern white porcelain sink(s) and toilet(s) together with rain shower(s) and tempered glass shower enclosures.
• Fitted wardrobes with internal shelves and drawers.
• Fully stocked mini bar(s).
• Fully-furnished luxury furniture package with high quality soft furnishing(s) and electrical appliance(s).
• 6% Rental guarantee per annum for 3 Years.
• Long term passive income 70:30 profit sharing investment scheme from the 4th Year onwards for up to 30 Years.
• Professional on-site property management by the internationally branded “Wyndham Hotels & Resort Group”.
• Complimentary free stay for 14 Days per Year within the “Ramada Mira North Pattaya”.

Condo sizes and price ranges in Beverly Mountain Bay:

• Studio/1-Bath Units (Small): 27.14 Square Meters/292 Square Feet. (2,461,000THB<)
• Studio/1-Bath Units (Large): 36.19 Square Meters/389 Square Feet. (3,701,000THB<)
• 1-Bed/1-Bath Units (Small): 34.77 Square Meters/374 Square Feet. (3,464,000THB<)
• 1-Bed/1-Bath Duplex Units (Small): 34.77 Square Meters/374 Square Feet. (7,186,000THB<)
• 1-Bed/1-Bath Duplex Units (Large): 43.81 Square Meters/471 Square Feet. (9,025,000THB<)
• 2-Bed/1-Bath Units (Small): 43.81 Square Meters/471 Square Feet. (4,266,000THB<)
• 2-Bed/2-Bath Units (Large): 67.12 Square Meters/722 Square Feet. (6,134,000THB<)

Proximity to attractions in Pattaya and beyond:

• Seven-Eleven and Family Mart Convenience Stores: 30-Seconds (Walking).
• Suvarnabhumi International Airport Link Pattaya Bus Terminal: 4-Minutes (Car).
• Pan-Pan Italian Restaurant & Food Mart Supermarket: 4-Minutes (Car).
• The Pattaya-Jomtien Baht Bus Route alongside Thappraya Road: 6-Minutes (Walking).
• Bali Hai & Walking Street: 6-Minutes (Car).
• Royal Garden Shopping Centre: 9-Minutes (Car).
• Pattaya Beach & Central Festival Shopping Centre: 10-Minutes (Car).
• La Baguette French Bakery & Wooden Box Restaurant: 10-Minutes (Walking).
• Marcos Italian Restaurant & Frasers Aussie Sports Bar & Restaurant: 12-Minutes (Walking).
• Pattaya International Hospital: 12-Minutes (Car).
• Pattaya Floating Market: 15-Minutes (Car).
• Mimosa: 20-Minutes (Car).
• Phoenix Country Club & Golf Course: 25-Minutes (Car).
• Silver Lake Vineyard and Golden Buddha Mountain: 25-Minutes (Car).
• U-Tapao International Airport: 45-Minutes (Car).
• Bangkok: 90-Minutes (Car).

Completion status:

Beverly Mountain Bay is scheduled to be completed in Qtr 1, 2024.

Additional Details

• E.I.A Approved: Yes.
• Developer: Jantarapa Co.,Ltd.
• No.of Floors: 22 Floors, 1 Building.
• No. of Units: 199 Units.
• Project Land Size: 1.5 Rai/2,400 Square Meters.
• Sinking Fund: 500THB Per Square Meter (One-time only).
• Maintenance Fee: 50THB Per Square Meter Per Month (Ongoing) Free for 3 Years.
• Water & Electricity Meter Security Deposit: 3,750THB (Estimated).
• Transfer Taxes: 2% Transfer Fee Paid by Buyer. Stamp Duty, Special Business & With-holding Taxes Paid by Seller.
• Scheduled Completion Date: Qtr 1, 2024.