- 10% Deposit, 60% Interim Payment, 30% Balance... 'Interest-Free Interim Payment' Benefit Offered
- Second Sale, 'Multi-View' Advantage with Sea, Resort, and Cityscape Views Depending on Unit
Living accommodation facilities are gaining popularity not only among individuals but also among corporations. According to the sales industry, the proportion of corporations purchasing living accommodation facilities is gradually increasing, as more corporations are buying them not only for simple investment purposes but also for employee welfare and business purposes.
With the spread of the ‘Work & Life Balance (Wolabel)’ culture that values the balance between work and rest, companies are striving to improve employee welfare. This is to boost employee morale and increase work efficiency by ensuring proper rest and leisure activities. Accordingly, companies sometimes utilize living accommodation facilities to provide rest and leisure spaces for their employees.
They can also be used for business purposes. Living accommodation facilities with excellent products or locations can be used to provide special lodging and rest conditions for external guests such as buyers. Additionally, when a premium is attached to the real estate, corporations often benefit from much greater tax savings compared to individuals during transactions.
An industry insider said, “Recently, corporate interest in living accommodation facilities has increased compared to the past,” adding, “Many purchases are made for employee welfare or business purposes, and places with excellent future value often prove effective for tax savings.”
Meanwhile, Lotte Construction is currently selling ‘Ulsan Lotte Castle Blue Marina’ in Sanha-dong, Buk-gu, Ulsan Metropolitan City. Following the successful first phase of sales, the second phase has begun. The second phase includes a total of 341 units by exclusive area: ▲63㎡A 163 units ▲63㎡B 7 units ▲92㎡A 95 units ▲92㎡B 76 units. Completion is scheduled for May 2027.
‘Ulsan Lotte Castle Blue Marina’ offers an ‘ocean view’ of the East Sea from every unit. In addition, many units in the second phase feature a ‘multi-view’ that allows residents to enjoy views of the nearby Jeongjahang Port, resort nightscape, and cityscape depending on the unit.
‘Ulsan Lotte Castle Blue Marina’ is the first, largest, and only accommodation facility in Ulsan Metropolitan City combined with a complex resort. The resort covers a land area of approximately 108,708㎡ (equivalent to 15 soccer fields), making it the largest among Lotte Resorts in Korea. The resort will include extensive infrastructure such as living accommodation facilities, condominiums, a water park, garden-style spa, diving pool, historic park, and glamping site.
Various exclusive community facilities for guests will also be provided. The ‘Sky Community’ located on the top floor (43rd floor) will feature an infinity pool, heated pool, kids pool, sky caf?, juice bar, and outdoor terrace. Here, guests can enjoy rest and leisure in a special space that touches the sky while surrounded by nature. Underground, ‘Club Blue Marina’ will be installed, offering indoor golf club, screen golf, fitness club, and G·X room.
Guests can have special experiences without leaving the resort far behind. The most eye-catching spot is undoubtedly ‘Gangdong Mongdol Beach,’ known as a local attraction in Ulsan. The beach is covered with small, round pebbles called mongdol, which have diverse natural colors and shapes. Especially when the pebbles are wet with seawater and reflect sunlight, they display their most beautiful appearance.
The ‘Gangdong Hwaam Columnar Jointing’ along the coast is another must-see scenic spot. This columnar jointing is a rock formation created when lava that erupted long ago cooled and solidified, forming hexagonal pillar-shaped rocks lined up. The uniform shape is so precise that it gives the illusion of being artificially carved, evoking a sense of mystery.
The sales conditions consist of a 10% down payment, 60% interim payment, and 30% balance payment. In particular, interest-free benefits are provided for interim payment loans, which is expected to significantly reduce the financial burden on buyers. Compared to apartments or officetels, there are fewer regulations, with no resale restrictions and no application of mortgage loan regulations.
‘Ulsan Lotte Castle Blue Marina’ is operating a model exhibition hall. A ‘Metaverse Model House’ is also available, providing a 3D view of the entire complex and expected views in a virtual space, which can be conveniently accessed via smartphone.
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