Bangkok--3 Dec--GHC Asia
Sets benchmark in real estate sector in offering 10% guaranteed rental return per annum for up to 10 years
With 23 mixed-use property projects already completed and 11 more under construction, plus 2 for pre-sale, New Nordic Group claims a firm footprint in Pattaya.
?We only concentrate on the Pratamnak area of Pattaya, as we need to be able to easily oversee all the projects from the construction stage through to the finished product, and we would not be able to maintain a constantly high standard if we had developments dotted around the city and neighbouring areas?, explained Mr. Kurt Svendheim, CEO of New Nordic Group.
?We have been very successful in selling to Europeans, especially, of course, to Scandinavians, and have done very little promotion of our properties in Thailand during the past 12 years. But, now, with the economy slow down, we would like to offer Thais one of the best alternative investments available, and that is why we have appointed New Nordic Living Thailand as our sole sales agent for this local market?, he added.
At its site covering approximately 29 rai of land between Pattaya and Jomtien, New Nordic offers buyers a unique self-contained resort environment geared for quality family living. With a choice of accommodation ranging from villas, hotel, and studio to 3 bedroom serviced apartments and condominiums, the mega development also houses restaurants, bakery, a variety of shops, Family Mart supermarket, and travel and tour agent. Guests can also take advantage of three nearby beaches and a 9-hole golf course by taking complimentary golf-cart shuttles throughout the day.
Setting an unprecedented benchmark in the real estate development sector, buyers of New Nordic condominiums are offered a 10% guaranteed rental program per annum for up to 10 years after the project is completed and full payment has been made plus a 3% per annum cash back on all payments before and during construction of any New Nordic project. All cash back and rental payments are transferred to the buyer on the 5th day of the following month. Investors wishing to purchase a complete building may also do so, and receive a free Range Rover as a bonus.
Buyers have a choice from over 30 sq.m. studios to apartments consisting of one-bedroom (useable space ranging from 42.80 - 81.57 sq. m.), two-bedrooms (useable space ranging from 154 ? 234 sq.m.) or duplex 3-bedrooms (useable space ranging from 174 - 191 sq.m.) with starting prices at Baht 2.2 million, Baht 3.5 million, Baht 14,780,000 and Baht 16,182,000, respectively. All condominiums are fully furnished and designed with large balconies providing its tenants with panoramic views and spacious al fresco entertainment area.
Total investment that has been made by New Nordic to-date is THB 12 billion. It aims to complete a total of 50 projects by 2015, which will bring the investment up to THB 15 billion. The group presently employs over 100 operational and admin local staff, and 6 Norwegians with another 300 construction workers.
For additional details regarding each of the projects or site inspection, please contact
[email protected].