Ramada Mira North Pattaya Condos For Sale

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Ramada Mira North Pattaya

Ramada Mira North Pattaya is situated on a prime 2-3-99 Rai/4,796 Square Meter plot of land alongside North Pattaya Soi 2/2 and is literally only 500 meters away from the new “Terminal 21 Shopping Mall”. The project is comprised of a combination of 339 deluxe rooms, junior and 1 bedroom suites spread across 2 low-rise, 8 story buildings with the main lagoon swimming pool serving as the projects main centerpiece. The project also features an onsite all-day restaurant serving Thai & Western cuisine together with a ballroom and business center. In addition to more traditional amenities such as a fully-equipped gymnasium, under-ground car-parking and last but not least 24 Hour security with key-card access and CCTV cameras.

The Developer is the “Habitat Group” which was first incorporated back in 2012 and since then has become one of Thailands leading property developers in the luxury residential market with more than 12 property and design awards to it’s name and future plans to launch an initial public offering (IPO) on the Stock Exchange of Thailand in the coming years. To date the developer has primarily invested in condominiums and townhouses in the Bangkok central business district (CBD), and more recently is branching out to other areas such as Pattaya. Working in close collaboration with ECG Research, the property is to be 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.

Other projects under the “Habitat Group” umbrella include the “Walden Asoke”, “Leroy Ruamrudee”, “BluPhere Pattaya”, “BW Premier Collection”, “Premier Best Western Bayphere Pattaya”, “X2 Cross Pattaya Oceanphere”, “X2 Pattaya Seaphere” and “The Ville Jomtien” and “Wyndham Atlas Wong Amat Pattaya” to name but a few.

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% guaranteed return on your investment over the first 3 Years, followed by a passive income 70/30 profit sharing scheme after 3 Years and up to 14 Days of free stay within the project per Year subject to you signing a mandatory 30 Year lease agreement with the Developer and hotel chain operator. To avoid any confusion about the 30 Year lease, please remember that you always hold the freehold title and the condo will be handed back to you to do with as you please once the 30 Year lease has expired.

Savvy investors can take full advantage of the following investment perks

a)Free stay 14 Days (no breakfast) per Year. 10 Days Monday-Thursday & 4 Days Friday-Sunday.

b) Freehold title with a 30 Years signed lease agreement and 6% guaranteed rental returns over 3 Years.

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

Key communal features of Ramada Mira North Pattaya:

• Ground floor double height hotel entrance, lounge and reception area.
• Stunning ground floor lagoon swimming pool with a cascading waterfall feature, pool bar and jacuzzi zone set amongst lush tropical landscaped gardens.
• Children’s pool.
• Fully-equipped fitness zone with the latest cardio-vascular equipment and floor to ceiling windows with breathtaking views overlooking the pool and gardens.
• On-site ground floor all day restaurant serving Thai and Western cuisine.
• On-site room service and house-keeping services at commercial rates.
• Kids club.
• Onsite Ballroom.
• Onsite Business center.
• Onsite
• 2 High-speed passenger lifts in each of the 2 Buildings.
• 24 Hour security with CCTV cameras and key-card access.
• Under-ground car-parking in each of the 2 Buildings.

Key features of the individual units in Ramada Mira North Pattaya:

• 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 Ramada Mira North Pattaya:

• Deluxe Rooms: 29 to 40 Square Meters/312 to 430 Square Feet. (4,127,800THB<)
• Junior Suites: 45 Square Meters/484 Square Feet. (6,144,100THB<)

Proximity to attractions in Pattaya and beyond:

• Tesco-Lotus Shopping Center: 2-Minutes (Walking).
• Pattaya Beach & Naklua Road Baht Bus Routes: 3-Minutes (Walking).
• Wong Amat Beach: 3-Minutes (Walking).
• Terminal 21 Shopping Mall: 3-Minutes (Walking).
• Dusit Thani Hotel: 4-Minutes (Walking).
• Woodland Resort & Hotel and La Baguette Bakery: 4-Minutes (Walking).
• Central Festival Shopping Center: 5-Minutes (Car).
• Central Marina Shopping Mall: 5-Minutes (Walking).
• Amari Hotel & Mantra Restaurant: 7-Minutes (Walking).
• Holiday Inn Hotel & Pattaya Beach: 8: Minutes (Walking).
• Royal Garden Shopping Center: 7-Minutes (Car).
• Walking Street: 8-Minutes (Car).
• Bangkok Pattaya International Hospital: 8-Minutes (Car).
• Pattaya Floating Market: 18-Minutes (Car).
• Phoenix Country & Golf Club: 28-Minutes (Car).
• Silver Lake Vineyard, Golden Buddha Mountain & Ramayana Water Park: 28-Minutes (Car).
• U-Tapao International Airport: 50-Minutes (Car).
• Bangkok: 80-Minutes (Car).

Completion status:

Ramada Mira North Pattaya is scheduled to be completed in Qtr 4, 2022.

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Ramada Mira North Pattaya

8

Design & Concept

8.5/10

Location

8.5/10

Value for money

7.5/10

Investment potential

9.0/10

Completion

6.7/10

Best Price

Additional Details

• E.I.A Approved: Yes.
• Developer: Habitat Group.
• No.of Floors: 8 Floors, 2 Buildings.
• No. of Units: 339 Units.
• No. of Car Parks: 70 Parking Spaces.
• Project Land Size: 2-3-99 Rai/4,796 Square Meters.
• Sinking Fund: 600THB Per Square Meter (One-time only).
• Maintenance Fee: 60THB 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.
• Estimated Completion Date: Qtr 4, 2022.