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Description
Center Condo 17 apartments. This marketing is for half of the whole 2nd floor of the building. In total the floor space covers 984sq.metres and all is held in Foreign Name ownership!! The 17 fully furnished studio (10 unit) & 1 bedroom (7 units) units vary in size from between 30 – 40 sq.metres, and are always fully occupied with long term tenants. They all have air conditioning, and small kitchenettes. This is a perfect business opportunity for anyone wishing to run a successful rental business, which can all be run from their own on-site real estate office. As an extension to the office, and to fully support the 17 rooms, there are permenant staff, a reception, and an on-site laundry room. As the properties are all located within a condominium building, each room has full access to all of the communal facilities: A large swimming pool with spacious decking area for relaxing, an equipped gymnasium, plenty of parking, on-site mini mart, restaurant and even a busy sports bar. To top it all off the building is right in the centre of the city, hence why the business is being operated so successfully!! This business has "huge potential" for even further increased income with a little investment, by modernising the rooms as they become vacant. Viewings will need to be by appointment only, to make sure we can show as many of the apartments as possible. Call us on 038-723615 or e.mail eastcoast@thaiproperty.com
Features
Property highlights
About this property
Multi-unit investment property offering 17 fully furnished studio and 1-bedroom apartments (984 sqm) on half of the 2nd floor in Central Pattaya with foreign name ownership and existing long-term tenants. Ideal for investors seeking established rental business with on-site management capability and strong occupancy; Central Pattaya location provides excellent walkability to restaurants, shopping, and nightlife. High-yield commercial property suitable for buy-to-let investors and vacation rental operators.