New Nordic Coral Beach Resort

Coral Beach Resort is the new New Nordic project, located in Chum Phon province, in southern region of Thailand.

The new project, in addition to the developed hotel business operating system, will also feature innovations in the concept of New Nordic, aiming at family holiday and recreation center for the elderly.
On the territory of project there will be 24 hrs infrastructure ready to provide our guests a holiday at the highest level, and for people with disabilities complex architecture is thought out for easy and trouble-free access to any part of it.
Project highlight is its location - surrounded by a tropical lushes, with access to the snow-white, private beach.

The project announced the construction of four hotel type condominiums, each 3 storeys high, and private villas, with 30 plots allocated for their construction.
The building standing closest to the beach is open for sales already.

Like in all New Nordic projects, apartments are sold fully finished and furnished.

Apartments in Coral Beach Resort can be purchased as freehold (total amount of freehold living space is limited).
As in all our projects we offer our customers profitable investment opportunity - 9% annual returns for 10 years.
We manage your apartments while you return your investments!

ALL NEW NORDIC PROJECTS PRICELISTS

ALL NEW NORDIC PROJECTS CATALOGS

Join our group on Facebook to get regular news updates and construction photo reports of New Nordic projects.
--------------------

New Nordic Group is Norwegian development company that was founded in Pattaya 15 years ago. Understandable terms of cooperation and guaranteed income after the contract is signed – the reasons why foreigners are investing money into New Nordic hotel complex for 15 years. This is what sets New Nordic’s offer apart from standard real estate investments, which start to gain returns only after construction is completed.

At the moment New Nordic operates more than 30 projects in Thailand (Pattaya, Samui, Phuket, Chumphon), as well as projects in Cambodia, Indonesia, and Philipines.

Setting an unprecedented benchmark in the real estate development sector, buyers can choose the following investment options:

1. Terms and conditions. 
There are two terms available for which contracts are concluded - 5 and 10 years. Each contract implies extension for another 5 years by the investor's decision. Thus, the period of rental guarantee income varies from 5 to 15 years.

2. The rate of rental guaranteed income is:

·         Cambodia - 8%

·         Thailand - 8%

·         Africa - 8%

·         Indonesia (Bali) - 7%

·         Latin America - 7%

·         Philippines - 6%

The difference in return rate is due to different tax rates for foreigners in the above countries. They vary from 14/15% in Cambodia and Thailand to 25% in the Philippines.

3. The term of the contract is counted from the moment of full payment for the apartment and is not tied to the term of completion of construction.

4. The form of ownership of apartments is Leasehold.

5. At the end of the contract period, if the investor wishes, the apartment can be bought back by New Nordic Group at the purchase price (100% return of the investment amount).