Pattaya Luxury Apartment Project

[SunbeltAsiaAdvisor]

Pattaya Luxury Apartment Project

Listing ID# BKK13964

34,000,000THB

BUSINESS SUMMARY

A Luxury Apartment Project in a prized Pattaya location has become available for acquisition after one of the initial investors forfeited his funds. The project is therefore on hold until more funds are secured, or until a new owner takes over.

All architecture, engineering and building permits have been secured and all floor plans have been drawn up. Foundation work has begun and a one year timeframe has been set for the completion of the building.

The project sits in a quiet residential location within walking range of one of the city's premier shopping malls, and benefits from superb sea views. The high tech low rise building will provide a rooftop swimming pool and underground parking for residents. Thirty one spacious apartments have been planned with the aim of presenting residents with the ultimate in luxury living.

Alternative plans are in place with downsized rooms, so interested parties have the opportunity to opt for either proposal as work is still in the early stages. The owner feels that net profits of around 100,000,000 baht can be realised on completion. All realistic proposals will be entertained; potential partners would be welcomed, but a full buyout is also possible. Asking price: 34,000,000 baht.

26th Floor Fortune Town BR, 1 Ratchadapisek Rd, 10400 Bangkok

Tel: 02-642-0213 Fax: 02-641-1995

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