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Art on the Hill - fully furnished from 21k

Location:
Pattaya - Thailand

Property Reference:
PA53-azuartoth

Price:
£21,000

Make Enquiry about this property

Property Details

Art On The Hill is an exclusive residence in the heart of Pratumnak. Project pre-launch, act fast for our promotional prices.

Art On The Hill is the latest development offered by this developer and promises to be the most affordable investment opportunity in Pratumnak, Pattaya.

As a promotional offer for the launch of this new development, we are offering a limited number of apartments for UNDER 1 MILLION BAHT. Act fast to make the most of this golden opportunity and be amongst the lucky few that secure this great deal. Art On The Hill is priced so competitively that we are sure that we are the first developer to offer new apartments in the Pratumnak area at under 1 million baht.

Art On The Hill - Facilities

* Rooftop Pool

* Secure Underground Parking

* 24 Hour Security

* Modern Design

* 400 Meters from Pratumnak's best beaches

* Family Friendly Neighborhood

* Close to all local shops and ameanities

* 5 minutes to downtown Pattaya \ Walking Street

We can offer units from studios to 48sq Meter 1 bedroom apartments over 8 floors with underground parking plus a roof top pool to enjoy views only visible from Pratumnak.

Our apartments are tastefully finished to a modern design and take full advantage of European materials and construction methods to achieve a quality finish.

Art On The Hill - Location

Art On The Hill is located in the heart of Pratumnak, Pattaya. This is a prestigious area in Pattaya and a sought after real estate location. Within close distance to the main road and baht bus routes but still maintaining a peaceful location ideal for residence and close to all the Pratumnak Beaches from Soi 5 through to Cosy Beach.

For those who are unfamiliar with the area, Pratumnak is the residential area between Pattaya City and Jomtien. A beach location which is still close to the city but can still enjoy the peace of an exclusive residential area.

Investment Calculater - Art On The Hill

Investment Scenario for a 1 Bedroom Apartment
Total Purchase Cost 990,000 Baht - (average for a 1 bed unit)
Equity In 100%
Investment Period 5 Years
Time to Completion 2 Years

Rental Income (from completion)
Conservative Monthly Rental Income 15,000 Baht
Occupancy 80%
Letting Costs 10%
Net Monthly Rental Income 10,800 Baht
Net Annual Income 129,600 Baht
Net Yield 13.09%
Total Net Income over 3 Years 388,800 Baht

Investor Costs
Apartment Price (average) 990,000 Baht
Taxes and Fees 45,000 Baht
Total Purchase Price 1,035,000 Baht
White Goods + Furniture 100,000 Baht
Transfer Fee 3% 29,700 Baht
Maintenance Costs (over 5 years) 52,800 Baht
Total Investor Cost 1,217,500 Baht

Profit
Purchase Value 990,000 Baht
Estimated Purchase Discount 25%
Estimated Market Value 1,320,000 Baht

Profit
10%

15%

20%
Potential Value after 5 Years
2,125,873 Baht

2,654,991 Baht

3,284,582 Baht
Additional Income (Rental)
388,800 Baht

388,800 Baht

388,800 Baht
Total Income
2,514,673 Baht

3,043,791 Baht

3,673,382 Baht
Return on Investment (ROI) - Profit
1,297,173 Baht

1,826,291 Baht

2,455,882 Baht
Return on Investment (ROI) - %
106.54%

150.00%

201.72%

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