About

Location: Pratumnak Hill

The location is very good near the bottom of Pratumnak Soi 5, approximately 70M from the Princess residence, 30M from The Muscle Factory Fitness. 100M directly and a 200M walk from Yim Yom Beach and The Sands Beach, 300M from Asia Golf and Cabbage and Condom Restaurant, 100M from Sanctuary Pratumnak Hotel,. It is in walking distance to many good Thai and Foreign Restaurants and Bars. It is a very Quiet and clean area. It is a 10 minute drive to the well know Walking Street area, 20 Minute drive to Central Pattaya Mall, 25 Minutes to Terminal 21, and 30 to 40 minutes to many world class golf courses including the World Famous Siam Country club the home of the LPGA tournaments in Thailand, Phoenix Golf as well as the new Chee Chan World class golf resort.

It is also a 90 minute drive to Suvarnabhumi International Airport and 50 Minutes to U-Tapao Rayong-Pattaya International Airport

PROPERTY DETAILS

There are 2 buildings on one piece of land. One building (Building A) has 3 rental penthouses and the other Building (Building B) has a total of 7 units.

Each Building comes with its own 450 Kilo Lift/elevator.

2 BUILDINGS

BUILDING A

Building A has 3 Penthouse style 200sqm 2 bedroom, 3 bathroom, European Kitchens with Side By Side refrigerators, Built-in Hobs, Ovens and microwaves, New high end leather furniture, separate laundry rooms with washers and dryers.

BUILDING B

Building B has one 200 sqm penthouse the same style and quality as Building A, plus 4, 100 sqm 1 bedroom, 2 bath units with European kitchen, built in ovens, and washer and dryers, 1 one bedroom, 70 sqm pool side unit and one 50 sqm garden studio.

LAND:

The land size is just over 800 sqm or just under one half Rai of freehold land.

FACILITIES:

There is a communal swimming pool, plus a communal BBQ ad area for the residence to enjoy.

The parking area includes a secured Motorcycle parking area as well as seven car parking spots.

This Residence has been consistent utilization of between 90 to 100%for the last three years so reasonable cash flow.

BUSINESS OPPORTUNITY:

Since this Apartment Building is Handicapped friendly, it can be easily converted into a 26 room Boutique hotel, or even an Elderly Care/Medically assisted business. Also if the buyer wants to increase revenue, Short term rentals will increase the revenue by about 80%. This however would take more work. A hotel permit can also be obtained.

PRICE: 2.052.990 EUR ONLY!