1 Bed Apartment for sale in Pattaya, Thailand

Paradise Park is a fully managed, quality hands free investment in Pattaya - a hugely popular Thai resort, The resort has a prime central location - only 5 minutes from beautiful beaches, restaurants, shopping and night life, Prices start from just £23k (!!) for a fully furnished one bedroom apartment., Paradise Park is available to clients off plan at an average of 25% below current market value, Just 25% (circa £5,750) deposit to secure your property - the 75% balance is paid during construction and can be settled with any payment plan to suit you, The Iguana Group is a reputable developer with successfully completed projects already under their belt, The Iguana Group is also committed to maximising the rental potential for their clients and yields are expected to be in the region of 12%, Pattaya has a year round holiday season and was the number one holiday destination in Thailand in 2009, receiving 5.8 million visitors, 40% of potential buyers for Pattaya are already resident within Thailand ? this is a genuine market with genuine avenues for resale

With its great weather, fine food and world-renowned beaches, Thailand continues to be in the sights of smart property investors looking for fantastic opportunities with high rental yields. The Thai tourism industry represents a significant part of Thailand's economy comprising 9% of GDP in 2009 (Bank of Thailand statistics.) 2009 saw international tourist arrivals reach 13.4 million with the Tourism Authority of Thailand (TAT) projecting continued growth for 2010 in the 3rd and 4th quarters - calculating a total of 14.8 million arrivals.

Known as the Thai Riviera, Pattaya is regarded as one of Asia's top beach resorts catering for every type of tourist. White sandy beaches, world class hotels, restaurants, shopping centres and more than 30 international-standard golf courses are within an hour's drive. Pattaya's other leisure attractions range from the sublimely relaxing - tropical gardens, Buddhist temples, zoos, museums, fishing and sailing to the enthrallingly active - amusement parks, diving, horse riding and shooting ranges. The huge variety ensures a constant flow of tourists - both regional (Bangkok is just a 2 hour drive away) and international (the new Suvarnabhumi International Airport, now the largest airport in South East Asia, and capable of handing 45 million passengers per year) visitors choose Pattaya as their getaway.

Paradise Park occupies a strategic and enviable position within Pattaya. The resort is in easy walking distance to Jomtien Beach (just 800m) and is within 5 minutes some of the regions finest restaurants, shopping centres and the best entertainment available.

The Paradise Park development is a thoughtfully designed project presenting owners with deluxe condominiums in an exclusive location, combining the luxuries of a resort within a sophisticated city environment. The resort proudly boasts a 1200 sqm lagoon style swimming pool that features a restaurant bar at one end, a fitness centre at the other and a central beach area

The concept and planning that went into Paradise Park was the result of extensive market research within Pattaya and Jomtien areas. The intention of the research was to find out what people really needed and wanted when looking for an apartment in Thailand.

The Studios and Apartments

Three 8 storey buildings offer a total of 500+ superbly appointed apartments. A wide choice of 1 and 2 bedroom properties are available, including outstanding ground floor apartments which enjoy direct access onto the pool. The interiors will be fresh and thoroughly modern. The properties will be fully furnished and ready to rent. Buyers who would like larger apartments can purchase 2 adjoining properties which will be created as one.

Pricing

Pricing starts from just 1,190,000 THB / circa £23k for a fully furnished one bed apartment of 35.40sqm

A small selection of larger properties are available or 2 adjacent properties can be converted into a bigger apartments for you? please ask for further details.

Payment Schedule

50,000 THB reservation fee (circa £1k)

25% due on signing the contracts after 30 days due diligence

75% interest free flexible payment plan **

** the balance is paid during the construction period and can be a tailored made repayment plan - you can pay equal monthly instalments / quarterly instalments / payments whenever budget allows ? it is entirely up to you!
Discounts are available for cash buyers ? please ask for further details

Completion
Completion of the resort is forecast for Q4 2012

Rental Return
Rental return projections are in the region of 12%

Tenure
The tenure of these properties is freehold

Hurry, these will sell out fast .