*Sell apartment building in the heart of Pattaya The investment is worthwhile with the return immediately.
Chonburi, Pattaya, Nong Prue
Sale: ฿ 60,000,000
Full description
Listing ID: 2025091613119
11 Bedroom Hotel / Resort for sale in Nong Prue, Chonburi
Pattaya Investment Gem: High-Rise Apartment Building with Unmatched Potential
This is a rare opportunity to acquire a fully occupied 13-story apartment building in the vibrant heart of Pattaya. With a strategic location, breathtaking harbor views, and a strong rental history, this property is a compelling investment for those seeking immediate returns and long-term value appreciation.
Key Highlights:
Prime Location: Situated in central Pattaya, the building is just a stone\\\'s throw from the Bali Hai Pier and the famous Walking Street. The area is poised for further growth, with the upcoming high-speed train Bangkok expected to significantly boost tourism and connectivity.
Strong Cash Flow: The property boasts 32 units with 100% occupancy, generating an impressive 7-8% rate of return. This provides a stable and immediate income stream from day one.
Unique Value Proposition: Built in 1997 by a renowned French architect, the 13-story structure is in excellent condition. Crucially, due to current urban planning regulations, the construction of a building of this height in this specific area is no longer permitted, making this a truly irreplaceable asset.
Value-Add Opportunity: The 14th-floor penthouse is currently uncompleted, offering the new owner the chance to add significant value and increase potential rental income or use it as a luxurious owner\\\'s residence.
Ready for Business: The building is fully equipped for immediate short- or long-term rentals, requiring only cosmetic refreshing to meet your standards. A swimming pool and lounge area on the premises enhance its appeal to tenants.
Investment Outlook:
The Pattaya real estate market is on a strong upward trajectory, fueled by a resurgence in tourism and major infrastructure projects. The high-speed rail link connecting the three main airports (Don Mueang, Suvarnabhumi, and U-Tapao, near Pattaya) is a major game-changer, promising to reduce travel time from Bangkok and drive even greater demand for short-term rentals in prime locations.
With a recent price reduction from 75 million THB to a new competitive price of 60 million THB, this property presents an exceptional value proposition. Don\\\'t miss this chance to own a piece of Pattaya\\\'s flourishing real estate market.
Contact us today to arrange a private viewing and discuss this extraordinary opportunity.
This is a rare opportunity to acquire a fully occupied 13-story apartment building in the vibrant heart of Pattaya. With a strategic location, breathtaking harbor views, and a strong rental history, this property is a compelling investment for those seeking immediate returns and long-term value appreciation.
Key Highlights:
Prime Location: Situated in central Pattaya, the building is just a stone\\\'s throw from the Bali Hai Pier and the famous Walking Street. The area is poised for further growth, with the upcoming high-speed train Bangkok expected to significantly boost tourism and connectivity.
Strong Cash Flow: The property boasts 32 units with 100% occupancy, generating an impressive 7-8% rate of return. This provides a stable and immediate income stream from day one.
Unique Value Proposition: Built in 1997 by a renowned French architect, the 13-story structure is in excellent condition. Crucially, due to current urban planning regulations, the construction of a building of this height in this specific area is no longer permitted, making this a truly irreplaceable asset.
Value-Add Opportunity: The 14th-floor penthouse is currently uncompleted, offering the new owner the chance to add significant value and increase potential rental income or use it as a luxurious owner\\\'s residence.
Ready for Business: The building is fully equipped for immediate short- or long-term rentals, requiring only cosmetic refreshing to meet your standards. A swimming pool and lounge area on the premises enhance its appeal to tenants.
Investment Outlook:
The Pattaya real estate market is on a strong upward trajectory, fueled by a resurgence in tourism and major infrastructure projects. The high-speed rail link connecting the three main airports (Don Mueang, Suvarnabhumi, and U-Tapao, near Pattaya) is a major game-changer, promising to reduce travel time from Bangkok and drive even greater demand for short-term rentals in prime locations.
With a recent price reduction from 75 million THB to a new competitive price of 60 million THB, this property presents an exceptional value proposition. Don\\\'t miss this chance to own a piece of Pattaya\\\'s flourishing real estate market.
Contact us today to arrange a private viewing and discuss this extraordinary opportunity.
Telephone number:
Key features
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Beds: 11
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Floor: 13
Facilities
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Swimming pool
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Security
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Library
Swimming pool
Security
Library
