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Once Condo Project & Elite Visa


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I came across a condo deal recently that may interest people thinking about the Elite Visa.... 

ONCE Condo project (on 3rd just up from Terminal 21), are advertising an Elite Visa comes with every condo purchased. https://www.honourthailand.com/oncepattaya/

I have not looked in to it fully but on first look it seems like a hellava deal! I could be wrong but here are the main bullet points:

  • 20 year Elite Ultimate Privilege included with every condo (2MB value)
  • 100,000 deposit down on a condo and they will start application process for you
  • If application is successful 40% condo purchase price is payable and you get the visa straight away
  • Condo Project expected to be completed in around 18 months, then you pay balance
  • No yearly visa maintenance fee to pay (20k baht I believe normally)
  • Starting price of condos is around 3MB for a studio
  • They also have an option for you to let them rent the condo out for you for first 3 years (6% return)

As I say I aint checked this out fully, so if anyone knows better feel free to correct me, but this sounds like an amazing deal to me for someone thinking about Elite Visa, Condo purchase or both! Be interested in other peoples thoughts.....

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I like the concept. The specific location, not so much. 

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image.png.6eb5df3c4b99a4189996c2a21d8f14af.png

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Condos with guaranteed rental returns have worked out great in the past. 🙄

 

 

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Tiny units

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The market is so glutted with empty new construction units - I would be very wary about a deal like this…

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Basically another scam construction trying hard to get enough money from fools to finance the next scam before this one folds.
Never believe a Real estate webpage in Pattaya.

Search for 'Honour Group Pattaya' to see their long history of successful developments :) 

https://www.thailand-property.com/developer/1197212/honour-group

You must have a lot of spare cash to throw away...

Edited by article22
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On 17/01/2022 at 19:36, article22 said:

Basically another scam construction trying hard to get enough money from fools to finance the next scam before this one folds.
Never believe a Real estate webpage in Pattaya.

Search for 'Honour Group Pattaya' to see their long history of successful developments :) 

https://www.thailand-property.com/developer/1197212/honour-group

You must have a lot of spare cash to throw away...

Thanks for that, exactly why I brought it up was to get good advice. cheers.

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