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Short Description

This private sale of a hotel building offer is unique in every way; it cannot be beaten in terms of return on investment. The location is superb in Pattaya. The building has 9 storey’s and 70 percent of the units enjoy sea view. It is 80 meters from the beach, a tripple A top location as no other. It is in a state that it needs to be completely renovated.
The present value of the land plot of 228 Thalang wah or 912 sqm with 25 meters road front is estimated on 200 m THB. For the moment the complete ground floor is open and can be partly or completely used as car parking (Hotel need 19 parking, can be 10 outside, 9 inside). The first asking price of 165,000,000.00 THB is now down for fast sale to a Non Negotiable Bottom Price of 140,000,000.00 THB. This bottom price include half of the transfer taxes,legal fees and a very fair and balanced agency commission.

We have found a high standard professional company to make the very first important building check up and complete preperations from A to Z before starting the actual renovation.

 

Here is the list what can be provided:

 

SITE CHECKING

Include architecture class, structure class, electric and water systems class, elevator system, swimming pool system and site checking document to owner. (280,000.00 THB)

 

DESIGN WORKING

Include exterior and interior design, structure and electric system design, water and swimming pool system design, cable TV and internet system design. (560,000.00 THB)

 

DRAWING WORKING

Including exterior, interior, structure, water and electric system design, swimming pool system design, cable TV plus internet system design. (360,000.00 THB)

 

PERMISSION WORKING

Include bleu prints, permission documents, and permission to city hall and estimated construction price for owner. (205,000.00 THB)

 

 

PAYMENT SYSTEM

The net total of the complete preparing works come down to 1,405,000.00 THB

This company provides a payment plan according to work evaluation.

This involves:

 

1' period: 25 % of service when the architects are agreed to work

 

2' period: 15 % of service when the architects give the initial draft design

 

3' period: 15 % of service when the architects give the final drawing design

 

4' period: 30 % of service when the architects give the final drawing paper

 

5' period: 10 % of service when the architects give building permit document to city hall

 

6' period: 5 % of service when the building permit is approved from city hall

 

Please contact us for the exact detailed price quotation made by the specialized company made in April 2014. The complete preperation will be according to the buyers list of demands.

 

 

 

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