Wyndham Garden Irin Bang Saray
The Developer of Wyndham Garden Irin Bang Saray is the Irin Property Co.,Ltd who are working in close collaboration with the “Wyndham Hotel Group” to offer prospective investors the unique opportunity of investing in a lucrative, hassle free investment.
Bothe the Developer, and the hotel group chain have been quick to recognize the massive untapped potential of the Bang Saray area with it’s lush tropical surroundings and un-spoilt beaches in a laid-back seaside fishing village setting, which is less than a 20 minutes drive away from Pattaya. In addition to a proliferation of in-expensive seafood restaurants and fresh food markets, the area also has several picturesque Buddhist temples. Similarly the Thai Government has invested a massive amount of tax-payers money into public infrastructure such as a new highway and the recent expansion of the local U-Tapao International Airport, and as such the local Bang Saray area is now firmly on the tourist map as a must see and visit destination.
So how does this investment opportunity really work?
In essence you’re simply buying a condo with a freehold title much like any other condo but this is where the similarities end. For starters if you intend to buy a condo in Wyndham Garden Irin Bang Saray for personal use then this project is not for you. Whereas if you’re looking to invest in an income producing investment property and avoid the usual day to day property management hassles, then this could be the ideal investment opportunity for you.
The “Wyndham Hotel Group” are major players on the international hospitality and hotel management scene with no less than 18 globally recognized brands to their name, and have more than 697,600 hotel rooms in over 8,000 hotels in 77 countries worldwide under management.
The investment scheme is designed to generate you a 6% guaranteed return on your investment over the first 5 Years (post completion), followed by a passive income 60/40 profit sharing scheme from the 6th Year onwards subject to you agreeing to sign a mandatory 30 Year lease agreement with the Developer and hotel chain operator. Essentially the overall intent of this property investment scheme is to run the project in it’s entirety as a 4 Star hotel and going concern. To avoid any confusion and the 30 Year lease, please remember that you always hold the freehold title and the condo will be returned as good as new back to you to do with as you please once the 30 Year lease has expired.
Plus the added option of between 2% and 6% Guaranteed Returns (Over Construction) which is dependent on the various payment plans under foreign and Thai quota.
In addition each investor will be given a “Wyndham Hotel Group” loyalty card with 24,000 Points in the 1st Year (post completion), followed by 12,000 Points in each subsequent year which you can use towards covering your accommodation expenses in any number of participating “Wyndham Hotel Group” hotels worldwide and most importantly this loyalty card is valid for 35 Years. Furthermore, this loyalty card is extra special as it’s not limited to just one specific hotel brand. And as such the loyalty card can be used in any number of subsidiary hotel chains such as the “Ramada Worldwide” and “Travelodge” which fall under the “Wyndham Hotel Group” holding company……see below for details.
Construction has already started and the project is scheduled to be completed in Qtr 2, 2022 and is comprised of 235 individual apartments/hotel suites, in a variety of decorative themes depending on the floor level spread across 2, low-rise, 8 story buildings with a conjoined glass and steel elevated walkway footbridge. Whilst the project itself is situated on a prime near beach location on a 2 Rai 28 Sq.Wah/3,312 Square Meter plot of land, within a few minutes walk of Bang Saray Beach.
The 4 Star Hotel will feature an abundance of amenities such as a rooftop swimming pool and restaurant together with a fully-equipped and air-conditioned gymnasium on the 2nd floor and hotel lobby, lounge and reception desk. Furthermore, each individual apartment will be luxuriously fitted out and furnished in a variety of decorative themes depending on the floor level complete with a mini-bar and body-massage shower, and in the case of the larger units a jacuzzi bathtub.
Key communal features in Wyndham Garden Irin Bang Saray:
- 1 Rooftop infinity-edged (93 Sq.M) communal swimming pool in building A.
- 1 Rooftop infinity-edged (207 Sq.M) communal swimming pool in building B.
- Rooftop restaurant.
- Sky gardens, open air terraces and sky lounges.
- 2nd Floor fitness and sauna room.
- Ground Floor coffee shop.
- Hotel lobby, lounge and reception desk together with a hotel drop-off point.
- Private botanical and sand garden zones with outdoor seating and relaxation areas.
- Dedicated children’s play area and garden zone.
- Lush tropical landscaped gardens with a decorative water fountain and fish pond. Other features include a vertical wall garden and 3 meter high perimeter fence.
- 2 High-speed passenger lifts and passenger stairwells with sound proofed walls in each building.
- Outdoor jogging track around the project perimeter.
- Ground floor covered car-parking with 65 individual car parks spread across 2 buildings.
- Onsite property management by the Wyndham Hotel Group.
- Onsite room-service and maids service.
- Complimentary golf cart shuttle service to and from Bang Saray Beach for hotel guests.
- Free communal Wi-Fi in the lobby areas.
- 24 Hour security with key card access and CCTV cameras.
Key features of the individual units at Wyndham Garden Irin Bang Saray:
- Built in mini bar cabinet with a small stand alone fridge/freezer.
- Fitted matching wardrobes with internal drawers and shelves together with exterior decorative glass wardrobe doors in the bedrooms.
- Finished bathroom(s) with modern white porcelain sink(s), white laminate under-sink cabinet(s) and vanity mirror(s) together with body massage rain shower(s) and safety-glass shower enclosures. Plus every bathroom features a stunning jacuzzi massage spa bathtub, with a water-fall tap and built in radio and LED light control panel which is fitted as standard.
- Pre-installed hot-water heaters included in every bathroom.
- Complimentary furniture package in 8 different decorative designs depending on the floor such as Emerald, Erlolette, Cushion, Marquise, Radiant, Cabchon, Asscher & Trillion.
- Slim-line air-conditioner(s) in every condo apartment, being 2 in a 1 bedroom and 3 in a 2 bedroom apartment with the compressor(s) being fitted off to the side on the balcony.
- Private balconies with tempered glass balustrades for optimal sea and/or garden and/or mountain views (depending on floor height and unit location).
- High quality faux laminate ceramic floor tiles.
- Touch screen lighting switches with a combination of recessed and drop down atmospheric lighting,
- Luxurious front doors with digital key-card/code access.
Condo sizes and price ranges in Wyndham Garden Irin Bang Saray:
- 1-Bedroom/1-Bathroom Type A1.1 Unit: 32.08 Square Meters/345 Square Feet. (3,299,700THB<)
- 1-Bedroom/1-Bathroom Type A1.2 Unit: 35.22 Square Meters/379 Square Feet. (3,622,700THB<)
- 1-Bedroom/1-Bathroom Type A2.1 Unit: 29.41 Square Meters/316 Square Feet. (3,618,250THB<)
- 1-Bedroom/1-Bathroom Type A2.2 Unit: 27.13 Square Meters/292 Square Feet. (3,337,750THB<)
- 1-Bedroom/1-Bathroom Type A3 Unit: 32.70 Square Meters/351 Square Feet. (3,363,500THB<)
- 1-Bedroom/1-Bathroom Type B Unit: 29.66 Square Meters/319 Square Feet. (3,649,000THB<)
- 1-Bedroom/1-Bathroom Type C1 Unit: 34.45 Square Meters/370 Square Feet. (3,474,000THB<)
- 1-Bedroom/1-Bathroom Type C2 Unit: 37.65 Square Meters/405 Square Feet. (3,682,800THB<)
- 1-Bedroom/1-Bathroom Type D Unit: 47.29 Square Meters/509 Square Feet. (4,864,000THB<)
- 1-Bedroom/1-Bathroom Type E Unit: 39.96 Square Meters/430 Square Feet. (4,593,800THB<)
- 1-Bedroom/1-Bathroom Type F Unit: 33.30 Square Meters/358 Square Feet. (3,828,000THB<)
- 1-Bedroom/1-Bathroom Type G Unit: 40.03 Square Meters/430 Square Feet. (4,440,400THB<)
*Option to combine 2 units together to form a larger 2-bedroom/2-bathroom apartment.
Proximity to attractions in Pattaya and beyond:
- Bang Saray Beach: 6-Minutes (Walking).
- Nong Nooch Tropical Gardens & The Cartoon Network Water Park: 5-Minutes (Car).
- Phoenix Golf Course: 10-Minutes (Car).
- Silver Lake Vineyard, Golden Buddha Mountain & Ramayana Water Park: 10-Minutes (Car).
- Yanasangwararam Chinese Temple & Lake: 10-Minutes (Car).
- Mimosa: 12-Minutes (Car).
- Pattaya Floating Market: 15-Minutes (Car).
- Pattaya Beach & Central Festival Shopping Centre: 25-Minutes (Car).
- U-Tapao International Airport: 25-Minutes (Car).
- Queen Sirikit Naval Hospital: 25-Minutes (Car).
- Bangkok: 100-Minutes (Car).
Wyndham Garden Irin Bang Saray is under-construction and is scheduled to be completed in Qtr 2, 2020.
Wyndham Garden Irin Bang Saray
Building A: N/A (Less than 4,000 Sqm), Building B: Pending.
Irin De Sea Bangsaray Co.,Ltd.
Total No. of Floors:
8 Floors, 2 Buildings.
Total No. of Units:
235 Units, 75 Units in Building A & 160 Units in Building B.
Project Land Size:
2 Rai 28 Wah/ 3,312 Square Meters.
500THB Per Square Meter (One-time only).
50THB Per Square Meter Per Month (Ongoing) Payable 1 Year in Advance.
Water & Electric Meter Security Deposit:
2% Transfer Fee Paid by Buyer. Stamp Duty, Special Business & With-holding Tax Paid by Seller.
Qtr 2, 2020.