**Exceptional Investment Opportunity in Pattaya: Building Under Completion**

Property ID: IMMEUBLE PATTAYA / Building in

25,130,000 THB

Sale Price

Investment
  • Bathrooms
    BATHROOMS
    0
  • Unit Area
    LIVING AREA
    1200 SQM
  • FLOOR
    3
  • Price
    PRICE/SQM
    20,941 THB

Description

Information last updated on 08/14/2024

**Exceptional Investment Opportunity in Pattaya: Building Under Completion**


Located in the heart of Pattaya, one of Thailand’s most sought-after destinations, this building offers a unique opportunity for real estate investors. Currently under completion, this project consists of two commercial premises already rented at 25,000 baht each, guaranteeing immediate income.


The building spans two floors, with additional potential on the terrace. Each floor houses two one-bedroom apartments and two two-bedroom apartments, providing flexibility in layout and rental. The project still includes finishing works, including floors, ceilings, bathrooms, as well as the installation of kitchens and furniture. In addition, the estimated 5 million baht for this work also includes the creation of four new apartments on the two terraces of 100 m² each.

These new units will offer two one-bedroom apartments and two two-bedroom apartments.


With this total investment of approximately 30 million baht, once all the works are completed, the gross profitability is estimated at 7%, excluding agency fees.


This project represents a rare investment opportunity in Pattaya, combining immediate rental income with significant growth potential. Don't miss this chance to invest in a booming real estate market.

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