Commercial property in Pattaya, Thailand 380 sq.m. № 86009

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Commercial property in Pattaya, Thailand 380 sq.m. № 86009
ID86009 ฿ 16 000 000
  • THB ฿
  • USD $
  • EUR €
  • RUB ₽
  • GBP £

Property description

Exceptional Investment Opportunity: 3-Story Apartment Building in the Heart of Pattaya

Discover an unparalleled investment opportunity in the vibrant center of Pattaya with this exquisite 3-story apartment building. Occupying a generous plot of 111 square wah (approximately 444 square meters), this property boasts a prime location on the sea-facing side of the Land Department street, nestled within the bustling Soi Bon Kai 6, directly opposite the lively Filbert Market.

Key Features:
- Prime Location: Situated in the heart of Pattaya, the building is surrounded by the city’s thriving commercial and entertainment districts, offering the best of urban living.
- Substantial Space: The property spans three well-designed floors, providing ample space for tenants and a variety of uses.
- Fully Tenanted: With 16 fully occupied rental units, investors are assured of a steady income stream from day one. The diverse unit mix caters to a broad tenant base.

- Attractive Monthly Income: The building generates over 80,000 THB per month in rental income, presenting a lucrative return on investment (ROI) for those seeking a stable income-producing asset.
- Proximity to Attractions: Its location across from the bustling Filbert Market ensures residents have easy access to a wide range of shopping, dining, and entertainment options.

Investment Highlights:
- Asking Price: 16,000,000 THB
- Land Area: 111 square wah
- Income Generating: Fully occupied, providing a solid monthly income
- Location Advantage: Centrally located in Pattaya, Soi Bon Kai 6, near the sea and Land Department street

 

Features

  • Balcony
  • Air Conditioners
  • Fully furnished

Outdoor features

  • CCTV
Pattaya - Statistics
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ParametersPattaya
Rent Per Month
Apartment (1 bedroom) in City Centre฿ 18 426.24
Apartment (1 bedroom) Outside of Centre฿ 10 392.14
Apartment (3 bedrooms) in City Centre฿ 33 273.73
Apartment (3 bedrooms) Outside of Centre฿ 22 650.12
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre฿ 83 285.71
Price per Square Meter to Buy Apartment Outside of Centre฿ 57 000.00
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ParametersPattaya
Crime Index45.08
Cost of Living and Rent Index23.48
Purchasing Power Index30.33
Property Price to Income Ratio23.35
Safety Index54.92
Traffic CO₂ Index4752.40
Traffic Inefficiency Index106.50
Rent Index11.29
Health Care Index74.44
Groceries Index44.12
Pollution Index86.95
Traffic Commute Time Index22.70
Restaurant Price Index19.53
Climate Index74.96
Cost of Living Index34.86
Quality of Life Index98.20
Traffic Index106.72
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ParametersPattaya
Restaurants
Meal, Inexpensive Restaurant฿ 100.00
Meal for 2 People, Mid-range Restaurant, Three-course฿ 1 000.00
McMeal at McDonalds (or Equivalent Combo Meal)฿ 270.00
Domestic Beer (0.5 liter draught)฿ 70.00
Imported Beer (0.33 liter bottle)฿ 84.06
Coke/Pepsi (0.33 liter bottle)฿ 26.11
Water (0.33 liter bottle) ฿ 12.09
Cappuccino (regular)฿ 66.83
Markets
Milk (regular), (1 liter)฿ 54.18
Loaf of Fresh White Bread (500g)฿ 46.33
Eggs (regular) (12)฿ 76.05
Local Cheese (1kg)฿ 567.78
Water (1.5 liter bottle)฿ 20.22
Bottle of Wine (Mid-Range)฿ 600.00
Domestic Beer (0.5 liter bottle)฿ 57.57
Imported Beer (0.33 liter bottle)฿ 60.38
Cigarettes 20 Pack (Marlboro)฿ 145.00
Apples (1kg)฿ 89.22
Chicken Fillets (1kg)฿ 108.40
Oranges (1kg)฿ 74.89
Potato (1kg)฿ 55.80
Lettuce (1 head)฿ 55.00
Rice (white), (1kg)฿ 44.71
Tomato (1kg)฿ 47.78
Banana (1kg)฿ 45.56
Onion (1kg)฿ 39.14
Beef Round (1kg) (or Equivalent Back Leg Red Meat)฿ 570.57
Transportation
One-way Ticket (Local Transport)฿ 10.00
Monthly Pass (Regular Price)฿ 600.00
Gasoline (1 liter)฿ 40.98
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)฿ 850 000.00
Taxi Start (Normal Tariff)฿ 35.00
Taxi 1km (Normal Tariff)฿ 50.00
Taxi 1hour Waiting (Normal Tariff)฿ 100.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)฿ 859 666.67
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment฿ 2 374.74
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)฿ 610.50
฿ 468.00
Salaries And Financing
Average Monthly Net Salary (After Tax)฿ 15 019.27
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate5.38
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult฿ 1 333.33
Tennis Court Rent (1 Hour on Weekend)฿ 377.00
Cinema, International Release, 1 Seat฿ 250.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)฿ 928.33
1 Summer Dress in a Chain Store (Zara, H&M, ...)฿ 737.50
1 Pair of Nike Running Shoes (Mid-Range)฿ 3 375.00
1 Pair of Men Leather Business Shoes฿ 1 556.25
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child฿ 8 600.00
International Primary School, Yearly for 1 Child฿ 300 000.00
Data are provided by Numbeo.com and are based on its users survey. Thailand-real.estate can not guarantee the validity of these data.
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CityPattaya
TypeCommercial property
Bedrooms16
Living space380 m²
  • sq. ft
Price
  • Price
  • per m²
฿ 16 000 000
  • THB ฿
  • USD $
  • EUR €
  • RUB ₽
  • GBP £