Wyndham Atlas Wong Amat Pattaya Condo For Sale – WYND01
Best Price 4,660,785THB - Condominium
26.10 Sqm Deluxe Room in Wyndham Atlas WongAmat Pattaya Condo For Sale – 6% p.a. Guaranteed rental returns for 5…
26.10 Sqm Deluxe Room in Wyndham Atlas WongAmat Pattaya Condo For Sale – 6% p.a. Guaranteed rental returns for 5…
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Wyndham Atlas WongAmat Pattaya is situated on a prime 1 Rai 53 Square Wah plot of land alongside Naklua Soi 22 and is literally only 200 meters from WongAmat Beach and 300 meters away from the new “Terminal 21 Shopping Mall”. The project is comprised of 192 deluxe rooms, junior and 1 bedroom suites spread across a low-rise, 8 story building with a central atrium as it’s main show piece. Additional amenities include a double height lobby entrance and reception area, several onsite restaurants such as an all day restaurant serving Thai & Western cuisine, a club executive lounge (available for clubroom and suite guests only) serving complimentary snacks and cocktails and a rooftop eatery and pool bar serving mediterranean food. The projects modern architectural design and locally sourced building materials to create a seamless transition between both the interior and exterior of the building. Perhaps the most surprising element of this project is almost certainly the stunning rooftop swimming pool with it’s partial glass overhang and punctured glass openings, which not only allows the natural sunlight to shine through but also gives swimmers a birds eye view of the world below.
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” 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 5 Years, followed by a passive income 60/40 profit sharing scheme after 5 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 5 Years.
c) Opportunity to earn long term passive income from 60% profit sharing scheme after the 5th Year.
Wyndham Atlas Wong Amat Pattaya is scheduled to be completed in 2022.