Investor opportunity! Building to renovate!!

Ideal for investors:

This building, which is in need of complete renovation and less than a 10-minute walk from the beach, offers very promising rental yields. Its location in the heart of Pratamnak makes it a good investment in a dynamic area with high rental demand.

Its location, a 2-minute walk from Soi 5 in Pratamnak, the area's most dynamic street, with its numerous European restaurants and nightlife, and a 5-minute taxi ride from Central Pattaya and Walking Street, makes it a significant asset for a rental or flipping project. All this is close to the beach.

Currently consisting of 5 bare floors, it could be optimized into 1 Local of «35m2 with a usage to define on the 1st floor, as well as 2 studios on each upper floor. For a total of 8 studios and 1 local of 35m2.

The complete renovation of the building, the creation of studios with kitchens and bathrooms, and all furniture have already been costed. This project is offered as a turnkey project.

Financial conditions:

Sales price: 6,825,000 baht including agency fees

Sales price: 6,825,000 baht including agency fees

Construction estimate: 5,500,000 baht all-inclusive

Miscellaneous expenses: 1,000,000

Turnkey project at 13,325,000 baht

Return on investment:

Flip transaction: 18.07%

Rental yield: 20.5%

A presentation of the financial study is available upon request.

 Contact us today for more information and come visit this property.

Jomtien Pattaya Branch:

(WhatsApp) +66 82 519 7640 or +33 623 40 97 94

[email protected]

Our website: www.fredetco.com