Commercial property in Pattaya, Thailand 400 sq.m. № 87948

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Commercial property in Pattaya, Thailand 400 sq.m. № 87948
ID87948 ฿ 11 000 000
  • THB ฿
  • USD $
  • EUR €
  • RUB ₽
  • GBP £

Property description

For Sale: Exceptional Multi-Use Building in Soi AR, Pattaya — An Investor's Dream

 Overview:

- Property Type: Multi-Use Commercial and Residential Building
- Location: Soi AR, Pattaya
- Total Area: 400 sq.m.
- Floors: 4
- Rooms: 8 En-suite Rooms, Additional 1-Bedroom, 2-Bathroom Apartment on the First Floor, Parking Space
- Additional Spaces: 1 Bedroom Apartment with 2 Bathrooms, Kitchen, and Living Room on the First Floor

Features:

- Highly Versatile Space: This building serves as a mixed-use property, suitable for commercial and residential purposes. With eight en-suite rooms and a spacious first floor, it offers investors and property owners flexibility in utilization.

- Strategically Located: Situated in the bustling Soi AR neighborhood of Pattaya, this building ensures high visibility and foot traffic — ideal factors for business and rental opportunities.

- Rental Income Potential: Seven of the eight rooms are currently rented at an average of 4,500 Baht per month, providing a solid, existing rental income stream.

- Thoughtful First-Floor Design: The first floor boasts a spacious layout featuring 1 bedroom, 2 bathrooms, a kitchen, and a living area. An added bonus is the laundry area at the back and parking space in the front.

Investment Highlights:

1. Strong ROI: With an already established rental income and versatile usage options, this building presents a lucrative investment with high ROI potential.
  
2. Excellent Accessibility: Its central location offers easy access to public transit and key roadways, making it convenient for both business operations and residential living.
  
3. Appreciating Asset: Properties in Soi AR have demonstrated steady appreciation in value, adding another layer of attraction to this investment.

 Financial Terms:

- Asking Price: Listed at 11 Million Baht
- Current Rental Income: Approximately 4,500 Baht per room from 7 rooms
  

Features

  • Balcony
  • Air Conditioners
  • Partly furnished

Outdoor features

  • CCTV
Pattaya - Statistics
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ParametersPattaya
Rent Per Month
Apartment (1 bedroom) in City Centre฿ 18 464.47
Apartment (1 bedroom) Outside of Centre฿ 10 983.12
Apartment (3 bedrooms) in City Centre฿ 37 697.26
Apartment (3 bedrooms) Outside of Centre฿ 24 103.09
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre฿ 84 666.67
Price per Square Meter to Buy Apartment Outside of Centre฿ 57 000.00
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ParametersPattaya
Crime Index46.07
Cost of Living and Rent Index24.15
Purchasing Power Index34.88
Property Price to Income Ratio22.87
Safety Index53.93
Traffic CO₂ Index4752.40
Traffic Inefficiency Index103.93
Rent Index12.65
Health Care Index74.44
Groceries Index44.60
Pollution Index86.95
Traffic Commute Time Index22.70
Restaurant Price Index24.06
Climate Index74.96
Cost of Living Index33.37
Quality of Life Index100.15
Traffic Index106.60
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ParametersPattaya
Restaurants
Meal, Inexpensive Restaurant฿ 120.00
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)฿ 80.00
Imported Beer (0.33 liter bottle)฿ 80.00
Coke/Pepsi (0.33 liter bottle)฿ 27.81
Water (0.33 liter bottle) ฿ 12.29
Cappuccino (regular)฿ 67.53
Markets
Milk (regular), (1 liter)฿ 56.74
Loaf of Fresh White Bread (500g)฿ 43.96
Eggs (regular) (12)฿ 74.65
Local Cheese (1kg)฿ 582.50
Water (1.5 liter bottle)฿ 19.35
Bottle of Wine (Mid-Range)฿ 600.00
Domestic Beer (0.5 liter bottle)฿ 58.63
Imported Beer (0.33 liter bottle)฿ 60.38
Cigarettes 20 Pack (Marlboro)฿ 150.00
Apples (1kg)฿ 100.89
Chicken Fillets (1kg)฿ 108.95
Oranges (1kg)฿ 70.00
Potato (1kg)฿ 57.00
Lettuce (1 head)฿ 54.17
Rice (white), (1kg)฿ 47.57
Tomato (1kg)฿ 45.00
Banana (1kg)฿ 45.56
Onion (1kg)฿ 40.67
Beef Round (1kg) (or Equivalent Back Leg Red Meat)฿ 438.13
Transportation
One-way Ticket (Local Transport)฿ 10.00
Monthly Pass (Regular Price)฿ 600.00
Gasoline (1 liter)฿ 41.20
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฿ 2 505.48
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)฿ 602.05
฿ 493.05
Salaries And Financing
Average Monthly Net Salary (After Tax)฿ 15 483.42
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate5.67
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult฿ 1 350.00
Tennis Court Rent (1 Hour on Weekend)฿ 377.00
Cinema, International Release, 1 Seat฿ 200.00
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)฿ 3 312.50
1 Pair of Men Leather Business Shoes฿ 1 440.00
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child฿ 11 250.00
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
Bedrooms9
Living space400 m²
  • sq. ft
Price
  • Price
  • per m²
฿ 11 000 000
  • THB ฿
  • USD $
  • EUR €
  • RUB ₽
  • GBP £