Wyndham Jomtien Pattaya Condo For Sale

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Wyndham Jomtien Pattaya

Wyndham Jomtien Pattaya is scheduled to be completed in Qtr 3, 2023 and is situated on a 13 Rai-3 Ngan-55 Square Wah/22,220 Square Meter plot of land alongside Soi Na Jomtien 2 in Na-Jomtien Pattaya. The project is comprised of 630 five star hotel suites spread across 4 low-rise 7 story buildings with a separate stand alone 3 story lobby and commercial zone building at the forefront. The Developer is Siam Inter World Asset Co.,Ltd. and the project is to be managed as a luxurious 5 Star hotel 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.

The project has two principal focal points, one being the circular fountain drop off point and 793.63 square meter circular double story hotel lobby & reception zone, and the other being the stunning swimming pool and pool bar set amongst a lush tropical landscaped garden with mature palm trees (both of which) are located on the Ground Floor. Other amenities include a dedicated kids club room, games room (with table tennis/table football and arcade games) and a gymnasium (all of which are located on the Ground Floor in Building 4). As well as 2 on-site commercial restaurants (each of which is located on the Ground Floor of buildings 1 & 2). Last but not least the 5 Star hotel also features a meeting room (50 Pax) and a ball room (380 Pax) on the 2nd and 3rd Floors of the stand alone 3 story commercial lobby building. If that wasn’t impressive enough the basement within the 3 story lobby building also houses a commercial spa with 6 private deluxe massage rooms, a sauna and for good measure no less than 6 separate karaoke rooms (commercial rates apply). Naturally the project also features a 24 Hour security and concierge service with outdoor parking for 5 commercial tour buses and up to 143 private vehicles. As for the location of this hotel, it’s strategically positioned close to many tourist attractions such as the Pattaya Floating Market, Pattaya Elephant Village, Cartoon Network & Ramayana Water Parks, Nong Nooch Gardens and Silver Lake Winery (all of which are conveniently accessible via Sukhumvit Road).

So let’s finally get down to the brass taxes i.e. how does this whole scheme work? And why would it be an attractive investment proposition?

Essentially you’d be buying a hotel suite (much like any other condo) with a freehold title, however if you’re looking to purchase one of these hotel suites for personal use, then this investment is not for you. Whereas, if you’re looking to invest into an income generating rental investment property, without the associated management headaches, then this may prove to be the ideal investment for you. The widely experienced hotel management team will do all the heavy lifting (so to speak) for you so it’s a totally hands free and hassle free investment. Once you’ve purchased the hotel suite under freehold title (which you ALWAYS HOLD) you’ll then sign a mandatory 30 Year Lease agreement with the Developer, who in turn will sign a hotel management agreement (in this case) with the “Wyndham Hotel Chain” who will then manage the project as a commercial 5 Star hotel going concern (potentially) for the entirety of the 30 Year Lease by mutual agreement. At the conclusion of the 30 Year Lease the hotel suite WILL be handed (remember you ALWAYS hold the freehold title) back to you. In return you’ll receive 6% Per Annum in Guaranteed Returns for the first 8 Years (post completion) and starting from the 9th Year onwards participate in a 60/40 (in your favor) passive income sharing scheme. Other benefits include 15 Days Free-Stay (room only, breakfast not included) every Year and automatic membership to the “Wyndham Jomtien Pattaya” rewards program where you’ll be eligible for 15% discount off spa/massage/sauna/karaoke/room & food and beverage prices (commercial rates apply).

Key communal features of Wyndham Atlas Jomtien Pattaya:

• Decorative circular fountain hotel drop-off point.
• 793.63 Square Meter, circular lobby with double story raised ceilings, and designated lounge/seating and reception desk zones in the commercial zone 3 story building.
• Relaxation Spa, Massage & Sauna rooms in the basement of the 3 story commercial/lobby building with escalator access.
• 6 Karaoke rooms in the basement of the 3 story commercial/lobby building with escalator access.
• 50 Pax meeting room on the 2nd Floor of the 3 story commercial/lobby building with escalator access.
• 380 Pax (38 Tables/10 Persons each) Ballroom on the 3rd Floor of the 3 story commercial/lobby building with escalator access.
• 2 Commercial restaurants on the Ground Floor in residential buildings 1 & 2.
• Ground Floor swimming pool set amongst a lush tropical landscaped garden with mature palm trees.
• Pool Bar (commercial rates apply).
• Jacuzzi zone and sundeck with out door furniture and sun-loungers.
• Dedicated kids club on the Ground Floor in residential building 4.
• Games room with pool table, table football and arcade games on the Ground Floor in residential building 4.
• Fully equipped gymnasium on the Ground Floor in residential building 4.
• Outdoor tour bus (5 slots) and private vehicle (143 slots) parking.
• 5 Star hotel suites on Floors 1 – 7 in buildings 1, 2, 3 & 4.
• 2 High-speed passenger and 1 High-Speed service lift in each of the 4 residential buildings.
• 24 Hours security & concierge service with CCTV cameras.

Key features of the individual units in Wyndham Jomtien Pattaya:

• Ultra luxurious fully-furnished “hotel-ready” Studio, 1 or 2 Bedroom suites with private balconies.
• Ultra luxurious bathroom(s) with solid surface sink counter-top(s), modern white porcelain sink(s) and toilet(s) together with large bath-tubs and showers with 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 8 Years.
• Long term passive income 60/40 (in your favor) profit sharing investment scheme after 8 Years.
• Professional on-site property management by the internationally branded “Wyndham Hotels & Resort Group”.
• Complimentary free stay for 14 Days per Year within the “Wyndham Jomtien Pattaya”.
• 15% Exclusive membership discount off rooms, food & beverage and spa/massage facilities within the “Wyndham Jomtien Pattaya”.

Condo sizes and price ranges in Wyndham Jomtien Pattaya:

• Small Studio Twin: 24.45 Square Meters/263 Square Feet. (2,896,103THB<)
• Large Studio Twin: 34.30 Square Meters/369 Square Feet. (3,320,250THB<)
• Large Studio King: 34.35 Square Meters/370 Square Feet. (3,263,250THB<)
• Deluxe 1 Bedroom Suites: 50 Square Meters/538 Square Feet. (4,732,900THB<)
• Deluxe 2 Bedroom Suites: 76.45 Square Meters/822 Square Feet (7,415,650THB<)

Proximity to attractions in Pattaya and beyond:

• Seven Eleven Convenience Store: 3-Minutes (Car).
• Na-Jomtien Beach: 5-Minutes (Car).
• Pattaya Floating Market: 6-Minutes (Car).
• Lungsawai Seafood Restaurant: 6-Minutes (Car).
• Phoenix Gold Country & Golf Club: 17-Minutes (Car).
• Walking Street: 18-Minutes (Car).
• Silver Lake Vineyard, Golden Buddha Mountain & Ramayana Water Park: 18-Minutes (Car).
• Pattaya Beach & Central Festival Shopping Center: 20-Minutes (Car).
• Bangkok Pattaya International Hospital: 20-Minutes (Car).
• Terminal 21 Shopping Center: 24-Minutes (Car).
• U-Tapao International Airport: 35-Minutes (Car).
• Suvarnabhumi International Airport: 100-Minutes (Car).
• Bangkok: 110-Minutes (Car).

Completion status:

Wyndham Jomtien Pattaya was completed in Qtr 3, 2023.

Wyndham Jomtien Pattaya

8.6

Design & Concept

8.5/10

Location

7.5/10

Value for money

8.0/10

Investment potential

9.5/10

Completion

9.5/10

Best Price

Additional Details

• Developer: Siam Inter World Asset Co.,Ltd.
• No.of Buildings (Residential Zone): 7 Floors, 4 Buildings.
• No. of Suites (Residential Zone): 630 Five Star Hotel (Twin/Double/Studio/1 Bed & 2 Bed) Suites.
• No. of Buildings (Commercial Zone): 3 Floors, 1 Building.
• No. of Units (Commercial Zone): 55 Commercial Zones (Restaurants, Ball Room, Meeting/Massage & Karaoke Rooms etc.)
• Project Land Size: 13 Rai-3 Ngan-55 Sq.Wah/22,220 Square Meters.
• No. of Car Parks: 5 Slots (Tour Buses) & 143 Slots (Private Vehicles).
• Sinking Fund: 600THB Per Square Meter (One-time only).
• Maintenance Fee: 55THB Per Square Meter Per Month (Ongoing) Payable 1 Year in Advance.
• Water & Electricity Meter Security Deposit: 3,750THB (Estimated).
• Transfer Taxes: 2% Transfer Fee Split 50/50 Between Buyer & Seller. Stamp Duty, Special Business & With-holding Taxes Paid by Seller.
• Completion Date: Qtr 3, 2023.