Commercial property for sale in Pattaya, Thailand: 20 bedrooms, 650 sq.m., № 87203

Property description

Premier Investment Opportunity: Dual-Building Apartment Complex in North Pattaya

Presenting a unique and lucrative investment opportunity in the heart of North Pattaya: a sophisticated dual-building apartment complex situated on a sprawling 141 square wah of prime land. This exclusive property boasts a total of 20 elegantly furnished rooms, offering a blend of luxury and comfort to its residents.

Complex Specifications:
- Building One: A modern two-story structure housing 8 meticulously designed units, each encompassing 28 square meters. These rooms are crafted to maximize space and comfort, featuring a contemporary aesthetic.
- Building Two: An imposing three-story edifice featuring 12 expansive units, each sprawling across 31 square meters. The rooms in this building are designed with an emphasis on style and functionality, catering to a discerning clientele.

Room Amenities:
- Each room in the complex comes fully furnished with top-of-the-line furniture and fixtures, embodying a perfect mix of style and practicality.

- State-of-the-art amenities in every room include efficient air conditioning systems, high-definition televisions, compact yet powerful cooking stoves, modern refrigerators, and essential water heaters.
- Additional comforts like ceiling fans in each room ensure a consistently pleasant living experience.

Investment Value:
- This property represents an extraordinary investment opportunity in a coveted area, known for its high rental demand and potential for significant capital appreciation.
- With its modern design and comprehensive amenities, this complex is poised to attract a high calibre of tenants.

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Parameters	Pattaya
Rent Per Month
Apartment (1 bedroom) in City Centre	฿ 17 758.64
Apartment (1 bedroom) Outside of Centre	฿ 11 179.87
Apartment (3 bedrooms) in City Centre	฿ 42 975.81
Apartment (3 bedrooms) Outside of Centre	฿ 23 003.56
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	25.01
Purchasing Power Index	35.53
Property Price to Income Ratio	23.27
Safety Index	53.93
Traffic CO₂ Index	4711.22
Traffic Inefficiency Index	101.03
Rent Index	13.71
Health Care Index	74.58
Groceries Index	42.78
Pollution Index	86.95
Traffic Commute Time Index	22.39
Restaurant Price Index	24.31
Climate Index	74.96
Cost of Living Index	33.98
Quality of Life Index	100.17
Traffic Index	105.81

Parameters	Pattaya
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)	฿ 280.00
Domestic Beer (0.5 liter draught)	฿ 80.00
Imported Beer (0.33 liter bottle)	฿ 80.00
Coke/Pepsi (0.33 liter bottle)	฿ 30.25
Water (0.33 liter bottle)	฿ 11.61
Cappuccino (regular)	฿ 69.32
Markets
Milk (regular), (1 liter)	฿ 54.71
Loaf of Fresh White Bread (500g)	฿ 44.69
Eggs (regular) (12)	฿ 74.74
Local Cheese (1kg)	฿ 562.22
Water (1.5 liter bottle)	฿ 19.40
Bottle of Wine (Mid-Range)	฿ 600.00
Domestic Beer (0.5 liter bottle)	฿ 58.06
Imported Beer (0.33 liter bottle)	฿ 68.89
Cigarettes 20 Pack (Marlboro)	฿ 145.00
Apples (1kg)	฿ 102.78
Chicken Fillets (1kg)	฿ 102.79
Oranges (1kg)	฿ 61.88
Potato (1kg)	฿ 51.31
Lettuce (1 head)	฿ 46.25
Rice (white), (1kg)	฿ 41.78
Tomato (1kg)	฿ 43.36
Banana (1kg)	฿ 44.00
Onion (1kg)	฿ 36.75
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	฿ 385.50
Transportation
One-way Ticket (Local Transport)	฿ 10.00
Monthly Pass (Regular Price)	฿ 600.00
Gasoline (1 liter)	฿ 41.96
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	฿ 2 593.53
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	฿ 581.21
	฿ 458.23
Salaries And Financing
Average Monthly Net Salary (After Tax)	฿ 15 071.06
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.67
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	฿ 1 455.56
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 650 sq.m. № 87203

Property description

Features

Indoor facilities

Outdoor features