Commercial property in Pattaya, Thailand 480 sq.m. № 88572

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Commercial property in Pattaya, Thailand 480 sq.m. № 88572
ID88572 ฿ 37 900 000
  • THB ฿
  • USD $
  • EUR €
  • RUB ₽
  • GBP £

Property description

TURNKEY PROPERTY FOR SALE

Freehold land with buildings, located in Pattaya on Pratumnak Soi 4, just a short walk from Paradise Beach. The property has a main road connection and consists of a 5-storey shophouse at the front with a 4-storey building attached at the rear. Both buildings are used as serviced apartments. In total, there are 29 fully furnished apartments for rent. On the ground floor, is a restaurant with a kitchen, plus an office space / reception.

Highlights:

Located directly opposite and with views over Asia Pattaya Golf Course
Total land size is 89.1 sq. wah / 356.4 sqm (two title deeds)
Two buildings containing:
29 apartments (20-120 sqm)
Fully furnished restaurant and bar 
Fully equipped kitchen and appliances
Fully furnished office / reception space
Separate storage space on 2nd floor
The floor area of the front building is 8m x 12m (96 sqm) per floor
Apartment count may be increased to 35 by converting some of the larger apartments into smaller ones
Set up with CCTV and Wi-Fi throughout the buildings
Short walk (340 meters) to one of Pattaya’s most beautiful and secluded beaches, Paradise Beach 
Only a few minutes by motorbike or public transport from Pattaya city centre
Every room fully furnished and ready for business
Ownership: the property (land + building) is owned under an unused Thai single purpose company, for uncomplicated transfer to new buyer, if preferred
Price: 37.9 million baht, including transfer of company shares

Features

  • Balcony
  • Internet
  • Fully 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
Bedrooms29
Living space480 m²
  • sq. ft
Price
  • Price
  • per m²
฿ 37 900 000
  • THB ฿
  • USD $
  • EUR €
  • RUB ₽
  • GBP £