Categorized | Hottest Properties

City Centre Residence, Pattaya

Posted on 10 December 2014 by ABPC

City Centre Residence is a project that is due to be completed in February 2015 from one of the best respected developers in the city, Matrix.  The project is located just off 3rd road in Central Pattaya and is a low rise, 8 storey complex.  Although the project is nearly sold out there are still several units still available and with completion being only just around the corner this is likely to appeal to many investors.

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The project includes all the things that you would expect from a modern condominium including 24 hour security, CCTV and key card access.  The project also has a large communal swimming pool, gym and fitness facilities, bar, shop, restaurant and children’s play area.  There is also WiFi available throughout the building and ample parking for residents and their guests.

The location of this project makes it hugely desirable being right in the centre of the city although just far enough away from the bar scene to ensure that is still a quiet location.  As it is so close to the city it is ideal for those who do not have their own transport.  Taxi’s readily available and Soi Buakow is within walking distance.  The fact that it is so close to the centre of the city makes it attractive for investors who are looking for rental properties.  The units are likely to prove popular with both long term and short term tenants, particularly the golfing fraternity.

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Studios, one and two bedroom units are available in both Thai and Foreign Ownership.  All condos are fitted to a high standard and include European kitchens and luxury bathroom suites.  Built in wardrobes come as standard as does air conditioning and hot water.

The standard payment terms are available. These are a non-refundable THB50,000 booking deposit, 25% on signing the contract with and in reality the balance being payable on transfer although the developer may be open to some negotiation on the payment terms.

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As mentioned, this project really is a one off opportunity and is something that should prove attractive to investors.  Although perhaps the real bargains may have gone the fact that the project is so close to completion means that you will soon be seeing returns on your investment.  There are only a few units left in the project so you really will need to move quickly to ensure that you don’t miss out.

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