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Park Lane Jomtien Resort fully furnished apartment

Location:
Pattaya - Thailand

Property Reference:
PA53-AZU2M3U

Price:
£23,500

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Property Details

The Brief:
Only 2 apartments left!!
25% deposit with 24 months finance available
The Park Lane Jomtien Resort development is a thoughtfully designed project presenting owners with a deluxe condominium in an exclusive location, combining the luxuries of a resort within a sophisticated city environment.
The Property in Brief:

• Luxury metropolitan resort development
• Walking distance to beach
• Surrounded by Facilities and amenities
• All units fully furnished

The Property in more Detail:

The Park Lane development consists of four 8 storey buildings offer a total of 608 superbly appointed apartments. A wide choice of 1 and 2 bedroom apartments are available, including outstanding ground floor apartments enjoying direct access onto the 1867sqm. lagoon swimming pool. Park Lane Jomtien Resort building 1 is sold out and buildings 2 and 3 are open for Sale now.

Park Lane residents will greatly enjoy their surroundings, which offer: Metropolitan-like dining with thousands of restaurants, coffee-shops and bars to choose from, parks and entertainment facilities for all age groups, shopping Malls stuffed with an assortment that comes from all corners of the world and are open from early morning to night time. In addition, there is an array of sports you can exercise and recreational activities such as beaches, golf courses, tennis courts, go-kart, gyms for working out, horse riding and traditional Thai Boxing.

The Opportunity in Brief:

• Priced 25% below market value
• Pattaya to become one of Thailand's greatest cities
• Park Lane, equivalent to London's Mayfair prepares for Super-Prime
• Solid 6% rental yield to grow as occupancy increases

The Opportunity in more Detail:

The Park Lane development is in an exclusive location within Pattaya, itself set to grow into one of Thailand's great cities. The development is priced at 25% below market value and thus presents an instant equity opportunity. But even if it was priced 25% higher, when this area becomes a bustling Metropolis within Thailand, prices will grow exponentially on apartments like these.

A penthouse studio in Pattaya rents at £566 -£736 to holidaymakers, so any studio in Park Lane, because of its prestigious location will take £400 - £600pw, -- at least -- thus taking the a conservative estimate of 10weeks occupancy, a 20% gross yield is achievable at the lowest weekly rate.

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