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Thai Studio Flat Up for Sale in Pattaya - Thailand

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Studio Description

Park Royal 2 Pratumnak Pattaya
Park Royal 2 is a state of the art glass-skinned development on the verdant Pratumnak Hillside, located only 800m from the beach and just a few minutes' drive from the vibrant Pattaya city center.

The building, featuring 79 luxury apartments and a rooftop infinity pool, is already at an advanced stage of construction with completion scheduled for June 2011.

Imagine waking up to unparalleled views of an exclusive tropical paradise. Envision hotel-style comfort complete with concierge services right where you live. Visualize lounging on a rooftop sundeck and bathing in an infinity pool.

Realize the dream of 'luxury-at-your-fingertips' at Park Royal 2.

Structural Innovation:
Park Royal 2 has been designed to highlight the beauty of the local area, with the building being constructed using lightweight and transparent materials.

With fewer concrete walls, green reflective glass is employed from floor-to-ceiling to provide exceptional views as well as to allow the absorption of natural light and energy.

In addition, Park Royal 2 boasts some of the most sophisticated engineering technology throughout residential real estate in Thailand, with extensive use of cellular beams and 90cm wide steel pillars.

Advantages of cellular beams include space optimisation and increased liveable floor space, as well as improved flexibility and reduced structure weight through asymmetric beam design.

Prime Location:
'Location, location, location' is the mantra, proverb, motto and basic consideration in any real estate purchase. With this in mind, Park Royal 2 will appeal to any savvy investor or potential home-owner by virtue of the spectacular setting of Pratumnak Hill.

Pratumnak is an area of outstanding natural beauty positioned on an exclusive hillside - five minutes away in either direction from the vibrant Pattaya city centre to the North and Jomtien beach to the South.

Surrounded by the spiritual backdrop of Buddha Hill and the wondrous golden Buddha which overlooks Jomtien, Pratumnak Hill is a location which is eye-catching, exclusive, and enchanting.

Why Invest in Park Royal 2 Pratumnak?

·Studio and 2 Bed Apartments
·5 Star Freehold Condominium
·Exclusive Hill Side Living With Stunning Views
·Spectacular Ultra Modern Design
·Prices from Just THB1,990,000*
·Fantastic Interest Free Payment Terms
·Luxury Health Spa
·Completion Set For June 2011


Note:
set currency THB - Prices Starting From THB1,990,000 To THB5,990,00 - THB4,135
Per Sq.Ft

Key Features

·Floor-to-ceiling glass exterior allowing for panoramic ocean and city views
·Top-level structural integrity and engineering
·Premium quality building materials
·Rooftop sundeck and infinity pool
·Underground parking
·Fully-equipped gym
·Hotel-like concierge service and luxury reception area
·Sports bar and lounge
·Free Wi-Fi
·24-hour security with CCTV...and more

Apartments in Park Royal 2 are for sale unfurnished but are fully fitted with quality European-standard kitchens and bathrooms, pre-installed LG Artcool air conditioning units, balcony & interior tiling, wardrobes, internal glass doors and secure steel-core entry doors. For customers wanting a fully furnished apartment including loose furniture such as sofa, table & TV, we can provide excellent-value furnishing packages at cost price.

Buy now for a pre-launch promotional discount and sell or rent later for a high return on investment. Alternatively, secure a bargain price for your own luxurious living space in one of South East Asia's most popular destinations.

Structural Innovation
Park Royal 2 has been designed to highlight the beauty of the local area, with the building being constructed using lightweight and transparent materials.
With fewer concrete walls, green reflective glass is employed from floor-to-ceiling to provide exceptional views as well as to allow the absorption of natural light and energy.

In addition, Park Royal 2 boasts some of the most sophisticated engineering technology throughout residential real estate in Thailand, with extensive use of cellular beams and 90cm wide steel pillars.

Advantages of cellular beams include space optimisation and increased liveable floor space, as well as improved flexibility and reduced structure weight through asymmetric beam design.

The surrounding area offers residents

·Several world class golf courses, all within half an hour's drive
·Some of the region's finest dining, with thousands of restaurants, coffee-shops and bars to choose from
·Numerous local markets, shopping malls and the best entertainment facilities on Thailand's Eastern seaboard
·Sports and outdoor activities including bungee jumps, horse-riding, go-karts, jet-skiing, diving, Muay Thai boxing, gymnasiums and much more
·Laguna Bay is only 125km from Bangkok's US $4bn International Airport, now the largest Airport in South East Asia, capable of handling more than 45 million passengers per year.

Real Estate Market Potential
Thailand received 14.5 million international visitors in 2009, up 26% from 2005 figures. Pattaya is Thailand's number 1 holiday destination, having received over 6 million tourists in 2009.

Bolstered by a fast-growing economy and an ever-increasing number of long-stay tourists, expatriates, retirees and businesspeople, Pattaya is an increasingly attractive prospect for savvy investors in pursuit of handsome returns in a beachside destination.

Condominiums are popular among international investors as they are more affordable and the only type of property in Thailand that a foreigner can own 100% freehold. Security and maintenance issues are handled by common area management, increasing buyer confidence.

A Solid Investment
With an excellent promotional discount, outstanding market conditions and flexible payment terms at 0% interest throughout the duration of construction, purchasing an apartment in Park Royal 2 provides the opportunity for excellent future returns, either from rental income, capital growth or both.

·Pre-construction promotion prices up to 25% below market value
·No hassle purchase - 100% Freehold foreign or Thai company ownership
·Attractive & flexible payment terms spread across the duration of construction and beyond at 0% interest
·A range of studio, 1-bedroom & 2-bedroom apartments available to suit all budgets and tastes
·Outstanding ocean views of Pattaya Bay & the Gulf of Siam
·Estimated rental yields of 10% per annum
·Expected capital appreciation of 8%+ per annum
·State of the art design, first class amenities and supreme location providing huge returns from resale or rental

Payment Terms

·Immediate THB50,000 Booking Deposit

·30% Contract Payment after 20 days Deducting THB50,000
·20% 3 months From Contract
·50% July 2011 On Handover with KEY

Other Costs

·Sinking Fund THB500 Per Sq.Mtr (One Off Payment With KEY)
·Maintenance Fees THB40 Per Sq.Mtr (Per Month)

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Approximate price of this 0-Bed Studio flat
€49,731 EUR | 
£39,800 GBP | 
US$62,393 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 1154266 
Town Pattaya 
Province Chon Buri 
Country Thailand  
Type Studio flat
Category Off plan 
Listed over 6 months ago
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Map of Pattaya, Chon Buri, Thailand


Real Estate Agent Listing this Property

Agent Starhill Realty Ltd, Intl
Listing Since 02 June 2011
Property Listings View all properties from this agent
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Price: £39,800
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Purchase this Studio in Pattaya for

THB3,885p/m

(70% LTV, 7% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Pattaya, Thailand

Property Type Min Price Max Price Median Price
(All prices in EUR) Pattaya Thailand Pattaya Thailand Pattaya Thailand
Apartment/Flat 13,490 13,490 30,000,000 85,000,000 6,664,320 7,188,480
House/Villa 32,755 32,755 60,000,000 335,000,000 7,000,000 7,500,000
Townhouse 5,900,000 86,500 9,000,000 64,000,000 7,500,000 7,500,000
Other 90,000 25,000 90,000 4,990,000 3,219,231 7,000,000
Penthouse 115,909 115,909 360,341 164,100,000 - -
Studio 21,000 21,000 53,200 119,621 - -
Detached 260,500 260,500 10,450,000 10,450,000 - -
Beach Front 54,588 54,588 54,588 60,000,000 - -

* Calculations based on 496 properties for sale in Pattaya and 1479 properties for sale in Thailand




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