Commercial property for sale in Pattaya, Thailand: 20 bedrooms, 1000 sq.m., № 86613

Property description

Exclusive Investment Opportunity: 20-Room Apartment Building for Sale in the Heart of Soi Buakhao

Property Overview:
Seize the opportunity to own a remarkable 2-story apartment building strategically located on the bustling main road of Soi Buakhao. This property stands as a lucrative investment, offering a fully operational setup with 20 rentable rooms.

Key Features:
- Prime Location: Nestled in the vibrant heart of Soi Buakhao, this building benefits from high foot traffic and easy access to local amenities, making it an attractive option for both short-term and long-term tenants.
- Spacious Layout: The building boasts 20 well-maintained rooms, each designed to provide comfort and convenience for a diverse range of tenants. The thoughtful layout maximizes space and functionality.
- Versatile Investment: Ideal for investors looking to tap into the thriving rental market of Pattaya. The property's versatile design caters to various tenant needs, from tourists to local residents.

Investment Details:
- Selling Price: The property is offered at 80 million Baht, presenting a valuable investment opportunity in one of Pattaya’s most sought-after locations.
- Ownership Transfer: The property is currently held in a Thai name, with the transfer fees to be shared equally (50/50) between the buyer and seller.

Why Invest in Soi Buakhao?
Soi Buakhao is renowned for its lively atmosphere, abundant amenities, and thriving expat community. Investing in this property means being part of a dynamic neighborhood that attracts a diverse range of tenants and visitors year-round.

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Parameters	Pattaya
Rent Per Month
Apartment (1 bedroom) in City Centre	฿ 18 226.86
Apartment (1 bedroom) Outside of Centre	฿ 11 266.21
Apartment (3 bedrooms) in City Centre	฿ 45 833.33
Apartment (3 bedrooms) Outside of Centre	฿ 23 044.11
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

Parameters	Pattaya
Crime Index	46.07
Cost of Living and Rent Index	24.49
Purchasing Power Index	35.80
Property Price to Income Ratio	23.22
Safety Index	53.93
Traffic CO₂ Index	4711.22
Traffic Inefficiency Index	101.03
Rent Index	14.20
Health Care Index	74.58
Groceries Index	39.81
Pollution Index	86.95
Traffic Commute Time Index	22.39
Restaurant Price Index	23.98
Climate Index	74.96
Cost of Living Index	32.44
Quality of Life Index	100.47
Traffic Index	105.81

Parameters	Pattaya
Restaurants
Meal, Inexpensive Restaurant	฿ 110.00
Meal for 2 People, Mid-range Restaurant, Three-course	฿ 1 000.00
McMeal at McDonalds (or Equivalent Combo Meal)	฿ 289.50
Domestic Beer (0.5 liter draught)	฿ 80.00
Imported Beer (0.33 liter bottle)	฿ 80.00
Coke/Pepsi (0.33 liter bottle)	฿ 29.51
Water (0.33 liter bottle)	฿ 11.34
Cappuccino (regular)	฿ 72.14
Markets
Milk (regular), (1 liter)	฿ 55.47
Loaf of Fresh White Bread (500g)	฿ 44.45
Eggs (regular) (12)	฿ 76.70
Local Cheese (1kg)	฿ 507.50
Water (1.5 liter bottle)	฿ 19.06
Bottle of Wine (Mid-Range)	฿ 600.00
Domestic Beer (0.5 liter bottle)	฿ 58.25
Imported Beer (0.33 liter bottle)	฿ 71.25
Cigarettes 20 Pack (Marlboro)	฿ 150.00
Apples (1kg)	฿ 102.78
Chicken Fillets (1kg)	฿ 98.79
Oranges (1kg)	฿ 62.50
Potato (1kg)	฿ 47.91
Lettuce (1 head)	฿ 46.25
Rice (white), (1kg)	฿ 41.78
Tomato (1kg)	฿ 44.67
Banana (1kg)	฿ 43.89
Onion (1kg)	฿ 39.25
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	฿ 317.72
Transportation
One-way Ticket (Local Transport)	฿ 10.00
Monthly Pass (Regular Price)	฿ 600.00
Gasoline (1 liter)	฿ 42.28
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	฿ 850 000.00
Taxi Start (Normal Tariff)	฿ 45.00
Taxi 1km (Normal Tariff)	฿ 45.00
Taxi 1hour Waiting (Normal Tariff)	฿ 110.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	฿ 879 000.00
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	฿ 2 512.55
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	฿ 586.69
	฿ 458.23
Salaries And Financing
Average Monthly Net Salary (After Tax)	฿ 15 101.55
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.67
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	฿ 1 425.00
Tennis Court Rent (1 Hour on Weekend)	฿ 551.33
Cinema, International Release, 1 Seat	฿ 250.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	฿ 1 008.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	฿ 640.00
1 Pair of Nike Running Shoes (Mid-Range)	฿ 3 155.56
1 Pair of Men Leather Business Shoes	฿ 1 425.00
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	฿ 9 500.00
International Primary School, Yearly for 1 Child	฿ 300 000.00

Commercial property in Pattaya, Thailand 1000 sq.m. № 86613

Property description

Features

Indoor facilities