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2 bedroom apartment for sale

Thailand - Pattaya

£54,900

like this property?

Call: 0066904187110

Key features:

  • 2 bathroom(s)
  • Condition: Excellent
  • Floor space: 71
  • Furnished
  • Communal pool
  • Communal garden
  • Garage
  • Sea view
  • Distance from the sea: Walking
  • Distance from an airport: 1.5 hours

Full description:

Club Quarters is the ideal property for the first-time investor looking at reaping the tremendous rewards which are available through investing in international real estate, as the entry price for buying on this new development is under $30,000. And for that price you get a fully-furnished apartment with all of the closing costs paid too.

When purchasing real estate, buyers usually have to decide whether they are more interested in receiving a good rental return each year, or whether they want to see fast capital appreciation. By buying into Club Quarters, however, buyers can get both.

Those buying in order to obtain a high level of rental income with appreciate the fact that Club Quarters comes with a Guaranteed Rental Scheme offering a gross yield of 8% for two years. What is even better for buyers is that it is possible to take the two years rental income in advance deducting it from the final payment, thus securing a 16% discount on the final price.

Those looking for good capital appreciation, will benefit from the fact that Club Quarters is located in the up-and-coming village of Bang Saray. Located just 17km (a quick 30 minute journey down the highway) from Central Pattaya, the village is seeing a tremendous amount of investment in tourist infrastructure nearby, including the international award-winning Nong Nooch Gardens and several world-class golf courses less than ten minutes away. The end of 2014 will see the opening of the Cartoon Amazone Waterpark one of the largest in SE Asia, which is located on the fringes of the village. Opposite the waterpark is the major new mixed-use project from Nusasiri which features a five-star hotel and a new outlet mall. The village will also benefit tremendously from the expansion of U-Tapao International Airport located just 30 minutes south of the village.

With some of the best beaches on the Eastern Seaboard and surrounded by beautiful green-forested hills, Bang Saray is already proving to be highly popular with retirees. As more and more tourist attractions open in the area, it will also start to become popular with a wider market, including young couples and families, which will ensure that the fast growth of property prices in the area are set to continue well into the future.

As for the project itself, although Club Quarters is one of the most affordable developments in the Pattaya area does not mean that it is lacking in facilities. The low-rise building contains 118 apartments spread across six floors, creating a warm and friendly environment. All residents will have use of the buildings rooftop terrace containing a 25m2 infinity pool, jacuzzi and fitness centre, from which there are stunning views over the sea to the beautiful skyline of Pattaya on one side, with the green hills of the national forests surrounding the village on the other. A shuttle bus service is available to take residents to the beach or the other many local attractions.

In summary, Club Quarters makes for an ideal investment for anyone with limited means who are looking to harness the excellent returns that everyone investing in property in Thailand is currently enjoying.


KEY FEATURES:

- Close to Beach
- Rooftop Swimming Pool
- Sea Views
- Jacuzzi
- Fitness Centre
- Fully Furnished
- Roof Terrace
- 24-hour Security
- Reception
- Underground Parking


PRICE RANGE:

- Studio Min: 24m2 - TB 990,000
- Studio Max: 24m2 - TB 1,440,000

- 1 Bed Min: 47m2 - TB 1,967,625
- 1 Bed Max: 57m2 - TB 3,420,000

- 2 Bed Min: 71m2 - TB 2,965,875
- 2 Bed Max: 99m2 - TB 5,958,000


PAYMENT PLAN:

- Reservation Fee: TB 50,000
- Contract Deposit: 30% (within 10 days)
- Interim Payments: 40% / 24 Months
- Handover: 30%


EXTRA FEES:

- Maintenance Fee: TB 40 / per m2 / per month
- Sinking Fund: TB 500 / per m2 / one time
- Transfer Tax: 1%
- Water & Electric Meter: Buyer Responsible


COMPLETION:

- 2016

This pin shows the exact location of the property as provided by the Advertiser

Nearest Airports*

  • Suvarnabhumi (International), 45.8 miles
  • Don Mueang (International), 64.1 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
Bangkok Thai Real Estate Co. Ltd, Pattaya

383/2 Moo 12 Sukhumvit Road Nongprue Banglamung Chonburi 20150
0066904187110
About Bangkok Thai Real Estate Co. Ltd, Pattaya

The Number One Choice for Investors

Thailand*s capital city, Bangkok, currently offers an excellent investment opportunity for anyone looking for fast capital appreciation and reliable rental returns.

Compared to other key Asian cities such as Hong Kong, Singapore, Tokyo, Shanghai, Beijing or Kuala Lumpur, prices in Bangkok are currently very low 每 with an average price of just $5,000/m2. This compares favourably to Beijing at $9,500/m2, Singapore at $24,500 and Hong Kong at $31,000/m2. However, such is the strength of the market in Bangkok that prices are guaranteed to not stay this low for much longer. In year to the end of March 2013, prices of condominiums in Bangkok rose by a remarkable 9.39%, making Bangkok one of the fastest-increasing markets in South East Asia.

Due to the country*s fast economic growth, forecasters predict that the property boom in Bangkok is still at the beginning as the economy continues to increase at levels faster than neighbouring countries, with the country*s GDP increasing by 6.44% in 2012. This means that the economy in Thailand is developing at a faster rate than any other country in Asia apart from China and the Philippines. Described by the World Bank as ※one of the greatest development success stories§ for its progress in social and economic development, the country remains on an upward trajectory.

The constantly improving economy has led to the rapid increase of the middle class in Thailand, who are spending their new-found wealth in upgrading their accommodation. This, in turn, has led to the fast increases in prices for condominiums, especially those located in prime positions within the city centre, where few good building plots remain.

The expansion of Bangkok*s Skytrain network is fueling the city*s real estate boom.
The expansion of Bangkok*s Skytrain network is fueling the city*s real estate boom.
The upwards trajectory of Bangkok*s property prices are set to increase still further when the ASEAN Economic Community which offers tariff-free trade and visa-free travel between all member countries comes into effect at the end of 2015. Due to Thailand*s position right in the centre of the ASEAN region 每 at its very crossroads 每 Thailand is expected to benefit more from the introduction of the new trading zone than most of the other member nations.

Much of the activity in the real estate market is centred around developments located within easy reach of stations on Bangkok*s mass transit system, which now makes it easy to navigate the often heavily-congested streets of Thailand*s capital city. The network, which comprises the underground, Skytrain, bus and rail networks, is seeing massive expansion over the next few years with the number of lines increasing from eight to 15. As new stations are announced, so new areas of the city become attractive areas to live.

According to research published by Global Property Guide in April 2013, rental yields in Bangkok range from 3.97% to 7.41%. This makes Bangkok the third best-performing capital city in East Asia after Manila and Jakarta 每 another sign that there is still plenty of capital appreciation left in the market for condominiums.

Smaller apartments earn much higher rental yields than bigger apartments. A 50m2 apartment in Bangkok*s central location earns good rental yields at 7.41%, while a 375m2 apartment also centrally located, earns poor rental yields at 3.97%.

The rental yields from medium-sized apartments are also good. An 80m2 apartment earns moderate to good rental yields at 6.86%, higher than 2011∩s figure of 6.60%. The same can be said about 120m2 apartments, where rental yields have increased to 6.53% from 6.49% the previous year.

Currently foreign buyers make up a relatively small proportion of the total market for condominiums in Bangkok, but this situation is changing fast as well-informed investors realize that there is little growth left in most of the key Asian cities and begin to look further afield to see good returns on their investments.

A Perfect Location for a Second Home

Bangkok attracts not only investors 每 it also attracts foreigners looking for a second home in a vibrant and affordable city, in a country which is well-known for the warm welcome by the country*s friendly and hospitable people. That*s the reason why Thailand is known around the world as &The Land of Smiles*!

Bangkok's shopping malls, climate, cuisine and nightlife make it a Mecca for tourists.
Bangkok*s shopping malls, climate, cuisine and nightlife make it a Mecca for tourists.
The city is now a highly cosmopolitan one which welcomes visitors from all over the globe. Visitors are attracted not only by the legendary Thai hospitality, but also its world-famous cuisine, year-round warm and pleasant tropical climate, thrilling nightlife opportunities, low-cost shopping in the city*s many large, modern shopping malls and beautiful temples and other tourist attractions. English is widely spoken in the city and Bangkok also has a sizable Thai-Chinese population.

With its modern Suvarnabhumi International Airport, Bangkok has become one of Asia*s main transport hubs. In fact, a recent survey conducted by MasterCard found Bangkok International to have recently overtaken London*s Heathrow as the world*s busiest international airport. Tourist numbers to the city are increasing rapidly 每 visitor numbers were up 18.6% year-on-year in the first quarter of 2013. Much of this increase came from China, where over 2 million tourists arrived in the first half of 2013 alone, an increase of 95.06% over the same period in 2012. Chinese visitors are now by far the most numerous visitors to Thailand, accounting for 21% of all international arrivals.

There are also increasing visitor numbers to the city from the Gulf area. The Abu Dhabi to Bangkok route is Etihad*s busiest, having transported 700,000 passengers to the city in 2012. The airline is now adding a sixth flight per day to the city in order to cope with the constantly increasing demand. The new high-speed rail link to the airport makes it possible to reach the centre of Bangkok from Suvarnabhumi in under thirty minutes.

###

So, whether you are looking for an affordable second home in an exciting and pleasant city to live or an investment which provides a good steady rental income combined with some of the fastest capital growth that you can find anywhere in the world currently, Bangkok is an ideal choice.


Disclaimer

This is a property advertisement provided and maintained by Bangkok Thai Real Estate Co. Ltd, Pattaya (reference 107950_004191835) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

Bangkok Thai Real Estate Co. Ltd, Pattaya

383/2 Moo 12 Sukhumvit Road Nongprue Banglamung Chonburi 20150
or call 0066904187110

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