We use cookies to optimise your experience on our website. If you continue we'll assume that you are happy to receive our cookies. However, if you would like to, you can change your cookie settings at any time.

Continue

For improved printing use the print button on the page

print button

2 bedroom apartment for sale

Thailand - Pattaya

£99,000

like this property?

Call: 0066904187110

Key features:

  • 2 bathroom(s)
  • Condition: Excellent
  • Floor space: 77
  • Communal pool
  • Communal garden
  • Garage
  • Distance from the sea: Walking
  • Distance from an airport: 1.5 hours
  • Distance from a golf course: 15 mins
  • Distance from main attraction: Walking

Full description:

City Garden Tropicana offers potential buyers the opportunity to purchase in an intimate development in one of the most exclusive parts of the city, as City Garden Tropicana is located right in the heart of Wongamat Pattayas most expensive and upmarket address.

The project, which is located at the end of Naklua Soi 16/1, will consist of 188 units occupying an eight-storey building. All buyers at City Garden Tropicana will enjoy a host of facilities in this development which features an innovative, modern tropical theme. Those wishing to stay cool will love the fact that there is not one, but three, pools surrounding the project, the largest of which is 55m in length. Keep-fit fanatics will enjoy the fully equipped fitness centre offered by the project together with a sauna and steam room. Buyers who are feeling not quite so energetic, however, should enjoy relaxing amidst the roof top gardens, which offer excellent sea views.

The projects central location means that the fine beaches of Wongamat are just five minutes away from here, while the wide variety of shopping and dining options offered by Naklua High Street are just 700m away.

Prices at City Garden Tropicana are some of the lowest that it is possible to find in this popular and upmarket area, which means that rental yields here are going to be excellent. City Garden Tropicana will be the developers third project in the Pattaya area. They have already demonstrated the high quality and professionalism of all their projects with their initial project, City Garden Pattaya, which was completed at the start of 2012.

The developers are one of the few in Pattaya that offer clients a full rental service. Such is the popularity of their original project that they have far more potential tenants than they are able to accommodate and so they will be promoting City Garden Tropicana to tenants instead. As a result, occupancy rates for this development are going to be high and buyers can relax in the knowledge that the developer is taking care of all aspects of renting the apartment.

In summary, if you are looking for an affordable property in an upmarket area which has high demand from rental tenants, City Garden Tropicana is an ideal choice.


KEY FEATURES:

- Close to Beach
- Swimming Pool
- Fitness Centre
- Playground
- Sauna
- Roof Terrace
- Gardens
- 24-hour Security
- Reception
- Underground Parking


PRICE RANGE:

- 1 Bed Min: 33m2 - TB 2,029,470
- 1 Bed Max: 49m2 - TB 2,704,100

- 2 Bed Min: 77m2 - TB 5,313,000
- 2 Bed Max: 77m2 - TB 3,775,000


PAYMENT PLAN:

- Reservation Fee: TB 20,000
- Contract Deposit: 20% (within 10 days)
- Interim Payments: 60%
- Handover: 20%


EXTRA FEES:

- Maintenance Fee: TB 40 / per m2 / per month
- Sinking Fund: TB 600 / per m2 / one time
- Transfer Tax: 3.15%
- Water & Electric Meter: Buyer Responsible


COMPLETION:

- End 2015

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_004491859) 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

Spotted an error?

In order for us to help our agents maintain accurate and up-to-date information please inform the agent if you have noticed an error with this property. If you are the vendor, please contact your agent directly.