480.0 Sqm 29 Room Building For Sale

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