Freehold land with buildings, located in Pattaya on Pratumnak Soi 4

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:
o 29 apartments (20-120 sqm)
o Fully furnished restaurant and bar
o Fully equipped kitchen and appliances
o Fully furnished office/reception space
o Separate storage space on 2nd floor

• Gross Floor Area (GFA):
  • GFA per floor of the front building is 480 sqm (8m x 12m x 5 floors)
  • GFA per floor of the rear building is approx. 430 sqm (21.5m x 5m x 4 floors)
  • Total GFA is approx. 910 sqm

• 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 is fully furnished and ready for business
• Ownership: The property (land + building) is owned under an unused Thai single-purpose company, for uncomplicated transfer to a new buyer, if preferred
• Price: 37.9 million baht, including transfer of company shares