1 Bed Apartment for sale in Pattaya, Thailand

Prices from 1,390,000 THB (approx £29,000), Studio,one and two bedroom apartments available, Prices 25% below the market value, 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, Excellent interest free payment plan available

Art on the Hill is a fashionable design residence inspired by the classic and timeless Pop Art movement, located in the up-market suburb of Pratumnak, Pattaya, Thailand offering fully furnished studios and apartments at amazingly low prices for the area!

At a Glance

Pratumnak is an exclusive suburb only 5 minutes to the ever popular Jomtien and the beautiful sandy beaches ? a Thai Royal princess has a residence in Pratumnak ? if you.re thinking of Pattaya.s answer to Beverly Hills, you would not be far off!!

There are stunning sea views from the roof top swimming pool and lounge and many of the apartments also have fabulous ocean views.

The developer Iguana Matrix is one of the finest and best established property companies in the region. With 6 projects already successfully completed, they have sold and developed over 800 properties in the last 2 years ? their company motto is ?We build our promises? and they have an unrivalled track record for doing exactly this!

Prices are at least 25% below typical market rates with early bird opening pricing starts at just 990,000 THB / £21k / $33k usd. Please don't delay if you would like to make the most of this amazing opportunity and be amongst the lucky few that secure this great investment!

Sold freehold to foreigners!

Luxury furniture pack included so the units come totally ready to rent!! Rental returns 12% net.

Flexible payment plan - just 25% on signing and the 75% balance payable on an interest free basis for 24 months!!

Please register your interest today to secure the lowest early bird pricing!

Location

Thailand is enduringly popular and attracts millions of visitors from near and far each and every year. In fact, during 2010 tourist arrivals into Thailand increased by 12.6% on the previous year, with the total number of international arrivals at a staggering 15.8 million visitors!

The country has a strategic location affording easy accessibility from all around the globe. The coastline is vast and beautiful, the food is amazing and smiles greet you everywhere and the cost of living is amongst the lowest in the region.

Pattaya is the most popular of all Thailand.s resort destinations, attracting 5.8% million visitors last year and is known as ?The City By the Sea. ? a great combination of Thai city life and lazy days on the beautiful beaches creates an ideal lifestyle balance for tourists and longer term guests alike.

Thailand has an ever expanding infrastructure with world class medical facilities that are affordable, excellent transport links and international schools and Pattaya is no exception. Many people feel that living in Thailand improves ones overall quality of life - this is why an increasing number of foreigners are settling in Pattaya to enjoy a reduced cost of living and a lifestyle of sea, sun and culture. It is easy to see why there is a huge demand for quality rental properties - for investors this is fantastic news ? Pattaya has a very healthy and mature property market (not fuelled by investors) with exceptional opportunities for resale and year round high rents.

The Resort

Art on the Hill consists of 159 beautifully appointed properties spread over 8 floors with a stunning centre courtyard and a rooftop swimming pool that overlooks the Gulf of Thailand.

Other onsite facilities are a beautiful lobby, 24 hour security, reception, underground parking, cafe bar and a well equipped fitness suite.

Rooftop pool area (style image)

Courtyard

Lobby

The Studios and Apartments

Iguana Matrix draw on the successes of their past experience to present highly desirable properties with stunning interiors. There is a wide choice of studios, one beds and 2 beds within the project each with a luxury furniture and dressing pack included in the price.

Financials

Pricing

Studios of 22 m2 @ 999,000 THB / £21k / $33k usd

One beds from 38.50m2 priced from 1,390,000 THB / £29k / $46k usd

2 beds from 60m2 priced from 2,780,000 THB / £56k / $90k usd

Payment Schedule

50,000 baht to reserve a unit.

25% on signing after 30 days due diligence period

75% balance payable on an interest free basis over 24 months

Furniture Pack

A stylish furniture pack is included in the price so your property will be delivered completely ready to rent

Rental and Management

Local management companies will be managing the rentals at Art and rental returns are in the region of 12% net

Maintenance

The monthly maintenance fee is 39 baht per sqm circa £0.80 / $1.27

Tenure

The tenure of these properties is freehold and international investors may either purchase through a Thai Limited Company or Freehold in their own name because Art on the Hill is a licensed condominium project.

Construction Timelines

Construction started in Q4 2010 and Art on the Hill will be completed Q4 2012

To make the most of this excellent all round investment opportunity and secure lowest ever early bird pricing, please contact us on 01780 480940 or 07903 733296.